Feb 17 (Reuters) - Ionic Rare Earths Ltd IXR.AX :
* IONIC RARE EARTHS LTD - RECEIVED COMMITMENTS TO RAISE $12 MILLION
* IONIC RARE EARTHS LTD - SHARE PLACEMENT AT $0.04 PER SHARE
Feb 17 (Reuters) - Ionic Rare Earths Ltd IXR.AX :
* IONIC RARE EARTHS LTD - RECEIVED COMMITMENTS TO RAISE $12 MILLION
* IONIC RARE EARTHS LTD - SHARE PLACEMENT AT $0.04 PER SHARE