0001521728-11-000001.txt : 20110531 0001521728-11-000001.hdr.sgml : 20110530 20110527175029 ACCESSION NUMBER: 0001521728-11-000001 CONFORMED SUBMISSION TYPE: D PUBLIC DOCUMENT COUNT: 1 ITEM INFORMATION: Rule 506 FILED AS OF DATE: 20110531 DATE AS OF CHANGE: 20110527 EFFECTIVENESS DATE: 20110531 FILER: COMPANY DATA: COMPANY CONFORMED NAME: South American Rare Earth Corp. CENTRAL INDEX KEY: 0001521728 IRS NUMBER: 000000000 STATE OF INCORPORATION: A6 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: D SEC ACT: 1933 Act SEC FILE NUMBER: 021-160517 FILM NUMBER: 11879258 BUSINESS ADDRESS: STREET 1: 8 KING STREET EAST, SUITE 710 CITY: TORONTO STATE: A6 ZIP: M5C 1B5 BUSINESS PHONE: 416-868-1491 MAIL ADDRESS: STREET 1: 8 KING STREET EAST, SUITE 710 CITY: TORONTO STATE: A6 ZIP: M5C 1B5 D 1 primary_doc.xml X0704 D LIVE 0001521728 South American Rare Earth Corp. 8 KING STREET EAST, SUITE 710 TORONTO A6 ONTARIO, CANADA M5C 1B5 416-868-1491 ONTARIO, CANADA None None Corporation true 2011 RICHARD SPENCER 8 KING STREET EAST, SUITE 710 TORONTO A6 ONTARIO, CANADA M5C 1B5 Director JOHN ROSS 8 KING STREET EAST, SUITE 710 TORONTO A6 ONTARIO, CANADA M5C 1B5 Director RICHARD PATRICIO 8 KING STREET EAST, SUITE 710 TORONTO A6 ONTARIO, CANADA M5C 1B5 Director PHILIP WILLIAMS 8 KING STREET EAST, SUITE 710 TORONTO A6 ONTARIO, CANADA M5C 1B5 Director Other No Revenues 06 false 2011-05-17 true true true true true Each unit is comprised of one common share and one-half of one common share purchase warrant. Each whole warrant is exercisable for one common share at an exercise price of Cdn$0.30 per share for a period of 5 years, subject to adjustment. false 0 3536975 71626 3465349 The additional $3,465,349 may be received upon exercise of share purchase warrants sold both inside and outside the U.S. U.S. dollar amounts are based on the Bank of Canada noon rate of exchange reported on May 17, 2011, which was Cdn$0.9773=US$1.00. false 1 0 0 0 In the ordinary course of business, the issuer may use some of the proceeds of the offering to pay salaries to certain of its executive officers and directors. false South American Rare Earth Corp. /S/ Richard Spencer Richard Spencer Director 2011-05-27