# Rare Earths Americas, Inc. (REA) — capital_raise/atm_program [pending]
Source: SEC API (secapi.ai) · situation sit_e7742d563b06c6771e31 · retrieved 2026-08-12T07:01:00.196Z

## Overview
Rare Earths Americas, Inc. is a metal mining company engaged in rare earth element exploration and development.

On July 31, 2026, subsidiaries Foothills Rare Earths, LLC and Foothills Rare Earths Limited (collectively, the Company) exercised an exclusive option to acquire and assume the Weyerhaeuser Mining Lease from Southeast Metals LLC (SEM). The option was granted under a Third Amendment to the Option and Project Evaluation Agreement, modifying the original agreement dated December 11, 2020. At closing, the Company will pay SEM $375,000 in cash and $2,000,000 in shares of the Company's common stock, issued in a private placement exempt from registration under the Securities Act of 1933. The closing is subject to customary conditions, including SEM obtaining all required approvals from Weyerhaeuser Company.

## Terms
- Counterparty: Southeast Metals LLC · Consideration: mixed

## Key dates
- Announced 2026-08-06 · Expiry 2026-08-01

## Timeline
- 2026-08-06 · 8-K (0001193125-26-338383): 8-K - Rare Earths Americas, Inc. — *Rare Earths Americas, Inc. is a metal mining company engaged in rare earth element exploration and development.* On July 31, 2026, subsidiaries Foothills Rare Earths, LLC and Foothills Rare Earths Limited (collectively, the Company) exercised an exclusive option to acquire and assume the Weyerhaeuser Mining Lease from Southeast Metals LLC (SEM). The option was granted under a Third Amendment to the Option and Project Evaluation Agreement, modifying the original agreement dated December 11, 2020. At closing, the Company will pay SEM $375,000 in cash and $2,000,000 in shares of the Company's common stock, issued in a private placement exempt from registration under the Securities Act of 1933. The closing is subject to customary conditions, including SEM obtaining all required approvals from Weyerhaeuser Company.
  https://www.sec.gov/Archives/edgar/data/2095743/0001193125-26-338383.txt

## Citations
- 0001193125-26-338383 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000119312526338383