Trading Symbol: TSX-V: RTX
VANCOUVER, Sept. 7, 2012 /CNW/ - Rara Terra Minerals Corp. ("Rara Terra") announces that it has applied for an extension to the terms of the
4,546,201 warrants issued pursuant to its private placement that closed
on May 3, 2011. The Company proposes to extend the expiry dates of
those warrants from November 3, 2012 to November 3, 2013. All other
terms of the warrants, including the exercise price of $0.39, will
remain the same.
The extension will not apply to any warrants issued by the Company as
compensation for services.
The extension of the expiry dates is subject to the approval of the TSX
About Rara Terra Minerals Corp.
Rara Terra is a Canadian mineral exploration and development company
focused on Rare Earth Elements (REEs). Rara Terra is seeking to
identify and develop REE deposits characterized by less common
mineralization. These unique deposits will bear those specific REEs
that are widely agreed to have the strongest mid to long term
technological relevance and sustainable economic value.
Rara Terra is also assessing other opportunities to create shareholder
value. Rara Terra remains optimistic that REE deposits with high grades
of heavy rare earths or unusual distributions of rare earth will have
continued value for the foreseeable future.
ON BEHALF OF THE BOARD
RARA TERRA MINERALS CORP.
Per: "Fraser Atkinson"
Chairman and Director
Neither the TSX Venture Exchange nor its Regulation Services Provider
(as that term is defined in the policies of the TSX Venture Exchange)
accepts responsibility for the adequacy or accuracy of this news
Disclaimer for Forward-Looking Information
Certain statements in this release are forward-looking statements, which
reflect the expectations of management regarding Rara Terra Minerals
Corp. Forward-looking statements consist of statements that are not
purely historical, including but not limited to, any statements
regarding beliefs, plans, expectations concerning timing and success of
exploration activities generally, government regulation of exploration
and mining operations, indications and benefits of exploration,
drilling test work and engineering assessments, environmental risks,
title disputes or claims, the Company's intention to raise additional
capital and financing, and expectations or intentions regarding the
future. Such statements are subject to risks and uncertainties that may
cause actual results, performance or developments to differ materially
from those contained in the statements. No assurance can be given that
any of the events anticipated by the forward-looking statements will
occur or, if they do occur, what benefits the Company will obtain from
SOURCE: Rara Terra Minerals Corp.
For further information:
Rara Terra Minerals Corp.
Phone: (604) 562-6915