Dec 2 (Reuters) - American Rare Earths Ltd ARR.AX :
* SUCCESSFUL $2.4 PLACEMENT-ARR.AX
* WILL PLACE ABOUT 26.66M SHARES AT ISSUE PRICE OF $0.09/SHARES PLUS A 1 FOR 2 FREE ATTACHING OPTION
Dec 2 (Reuters) - American Rare Earths Ltd ARR.AX :
* SUCCESSFUL $2.4 PLACEMENT-ARR.AX
* WILL PLACE ABOUT 26.66M SHARES AT ISSUE PRICE OF $0.09/SHARES PLUS A 1 FOR 2 FREE ATTACHING OPTION