Ucore Announces Closing of Brokered Offering for Gross Proceeds of C$15.5 Million
Halifax, Nova Scotia--(Newsfile Corp. - June 19, 2025) - Ucore Rare Metals Inc. (TSXV: UCU) (OTCQX: UURAF) ("Ucore" or the "Company") is pleased to announce the closing of its previously announced "best efforts" private placement (the " Offering") for aggregate gross proceeds of C$15.5 million, which includes the full exercise of the agents' option. In aggregate pursuant to the Offering, the Company sold 12,916,667 units of the Company (the "Units") at a price of $1.20 per Unit (the "Offering Price")....
2025-06-19 11:13 AM EDT
Ucore Announces Books Closed on C$15.5 Million LIFE Offering and Full Exercise of Agents' Option
Halifax, Nova Scotia--(Newsfile Corp. - June 10, 2025) - Ucore Rare Metals Inc. (TSXV: UCU) (OTCQX: UURAF) ("Ucore" or the "Company") is pleased to announce that, further to its news release dated June 9, 2025, the order book for the Company's previously announced upsized private placement (the "Offering"), is closed with orders totaling C$15.5 million. The Offering is over-subscribed and includes the full exercise of the agents' option. Although orders in excess of C$15.5 million were received in connection...
2025-06-10 6:54 AM EDT
Ucore Closes Books on Over-Subscribed Brokered LIFE Offering
Halifax, Nova Scotia--(Newsfile Corp. - June 5, 2025) - Ucore Rare Metals Inc. (TSXV: UCU) (OTCQX: UURAF) ("Ucore" or the "Company") is pleased to announce that the order book for its previously announced brokered private placement (the "Offering") of units of the Company (the "Units"), is over-subscribed and closed.Red Cloud Securities Inc., as lead agent and sole bookrunner, together with Raymond James Ltd., are acting as agents in connection with the Offering. Pursuant to the Offering, the Company is...
2025-06-05 7:00 AM EDT
Ucore Announces Brokered LIFE Offering of Units for up to $10 Million
Halifax, Nova Scotia--(Newsfile Corp. - June 3, 2025) - Ucore Rare Metals Inc. (TSXV: UCU) (OTCQX: UURAF) ("Ucore" or the "Company") has entered into an engagement letter with Red Cloud Securities Inc. (the "Lead Agent"), on behalf of a syndicate of agents (collectively, the "Agents"), in connection with a "best efforts" agency basis private placement of units of the Company (the "Units") at a price of $1.20 per Unit (the "Offering Price") for maximum gross proceeds of $10 million...
2025-06-03 4:30 PM EDT
Ucore Executes US$18.4M Award with U.S. DoD for Rare Earth Processing
Halifax, Nova Scotia--(Newsfile Corp. - June 2, 2025) - Ucore Rare Metals Inc. (TSXV: UCU) (OTCQX: UURAF) ("Ucore" or the "Company") is pleased to announce that the Company has executed the definitive contract for its largest financing agreement to date, the US$18.4 million follow-on first-stage production award from the U.S. Department of Defense ("DoD") that was previously announced on May 14, 2025. This award brings total funding under the Company's existing Other Transaction Agreement ("OT Agreement") with U.S. Army...
2025-06-02 8:55 AM EDT
Ucore Announces Groundbreaking Ceremony for Louisiana Rare Earth Element Processing Facility
Halifax, Nova Scotia--(Newsfile Corp. - May 28, 2025) - Ucore Rare Metals Inc. (TSXV: UCU) (OTCQX: UURAF) ("Ucore" or the "Company") is pleased to announce that it will hold a formal ground-breaking ceremony on Thursday, May 29th for its Louisiana Strategic Metals Complex ("SMC"), the Company's first commercial rare earth element ("REE") refining facility, located at the England Airpark in Alexandria, Louisiana.The Louisiana SMC will produce high-purity rare earth oxides from mixed rare earth chemical concentrates obtained from multiple global...
2025-05-28 8:41 AM EDT
Ucore and US DOD Agree on US$18.4M Initial Construction Funding for Rare Earth Processing in Louisiana
Ucore Announces:A US$18.4 million funding agreement with the US Department of Defense to launch its RapidSX™ Rare Earth Element Separation Technology toward full-scale operation, including:Expansion of the current $4M US DOD demonstration projectCommercial-scale RapidSX™ production module construction and operationsSystem engineering technology transfer from Ucore's Canadian demonstration facility to its developing United States commercial facilityFull-scale construction and 'Early Production' in Louisiana in H2-2026Halifax, Nova Scotia--(Newsfile Corp. - May 14, 2025) -
2025-05-14 9:46 AM EDT
Ucore Corporate Updates
Halifax, Nova Scotia--(Newsfile Corp. - May 13, 2025) - Ucore Rare Metals Inc. (TSXV: UCU) (OTCQX: UURAF) ("Ucore" or the "Company"), is pleased to announce the following marketing and investor awareness engagements.The Company reports that it has engaged InvestorBrandNetwork ("IBN"), a multifaceted financial news and publishing company, to provide corporate communications expertise and related services. The Company expects that IBN will leverage its investor-based distribution network of 5,000+ key syndication outlets, various newsletters and other outreach tools to...
2025-05-13 7:00 PM EDT
Ucore Corporate Update
Halifax, Nova Scotia--(Newsfile Corp. - April 14, 2025) - Ucore Rare Metals Inc. (TSXV: UCU) (OTCQX: UURAF) ("Ucore" or the "Company"), is pleased to announce that its Chairman and CEO, Pat Ryan, will be presenting at the Emerging Growth Conference on Wednesday, April 16, 2025 at 2:20pm Eastern Time. Mr. Ryan is looking forward to providing existing shareholders and the investment community with an overview of the Company and its operations, together with an update on recent developments in...
2025-04-14 3:45 PM EDT
Ucore Comments on China's Immediate Restrictions on Rare Earth Exports
Halifax, Nova Scotia--(Newsfile Corp. - April 4, 2025) - Ucore Rare Metals Inc. (TSXV: UCU) (OTCQX: UURAF) ("Ucore" or the "Company"), acknowledges the recent joint announcement by China's Ministry of Commerce and the General Administration of Customs regarding export restrictions on critical rare earth elements effective April 4, 2025. As reported by multiple news sources, the export restrictions, applicable to all countries, include seven key medium and heavy rare earth elements, including samarium, gadolinium, terbium, dysprosium, lutetium, scandium...
2025-04-04 9:35 AM EDT
Ucore Applauds White House Executive Action to Strengthen Critical Mineral Production
Halifax, Nova Scotia--(Newsfile Corp. - March 21, 2025) - Ucore Rare Metals Inc. (TSXV: UCU) (OTCQX: UURAF) ("Ucore" or the "Company"), is pleased to comment on the latest executive order issued by President Trump, invoking wartime powers under the Defense Production Act to address threats to the country's national and economic security by reliance upon "hostile foreign powers' mineral production" (the "Executive Order").The Executive Order outlines a number of initiatives to "facilitate domestic mineral production to the maximum extent possible"...
2025-03-21 7:44 AM EDT
Ucore Closes Private Placement Financing
Halifax, Nova Scotia--(Newsfile Corp. - February 28, 2025) - Ucore Rare Metals Inc. (TSXV: UCU) (OTCQX: UURAF) ("Ucore" or the "Company") is pleased to announce that it has closed a non-brokered private placement of 1,955,800 units (the "Units") at a price of CAD$0.60 per Unit (the "Offering"). Each Unit consists of one common share in the capital of the Company (a "Common Share") and one Common Share purchase warrant (each whole warrant, a "Warrant"). Each Warrant entitles the...
2025-02-28 6:12 PM EST
Ucore Accepts $2M Investment from Hondo Private Equity LLC
Halifax, Nova Scotia--(Newsfile Corp. - January 31, 2025) - Ucore Rare Metals Inc. (TSXV: UCU) (OTCQX: UURAF) ("Ucore" or the "Company") is pleased to announce that has closed a non-brokered private placement offering with Hondo Private Equity LLC ("Hondo"). The placement consists of 3,600,000 units (the "Units") at a price of CAD$0.60 per Unit for gross proceeds of CAD$2,160,000 (the "Offering"). Hondo Private Equity is controlled by Shawn Matthews, Founder, CEO and Chief Investment Officer of Hondius...
2025-01-31 4:49 PM EST
Ucore Awarded Funding by Ontario Critical Minerals Innovation Fund
Halifax, Nova Scotia--(Newsfile Corp. - January 21, 2025) - Ucore Rare Metals Inc. (TSXV: UCU) (OTCQX: UURAF) ("Ucore" or the "Company"), is pleased to announce that the Company has been awarded $500,000 in partnership with Ontario's Critical Minerals Innovation Fund (the "Fund"). The non-dilutive funding contribution is for the advancement of the Continuous Improvement Process at the Company's RapidSXTM Commercial Demonstration Facility in Kingston, Ontario. "Investing in critical mineral advancements, like Ucore Rare Metals Inc.'s innovative RapidSX™...
2025-01-21 7:13 AM EST
Ucore Rare Metals: US DoD Approves US$1.8 Million Payment
Halifax, Nova Scotia--(Newsfile Corp. - December 13, 2024) - Ucore Rare Metals Inc. (TSXV: UCU) (OTCQX: UURAF) ("Ucore" or the "Company") is pleased to advise that the US Department of Defense (the "DoD") has approved modifications to the Company's existing Other Transaction Agreement (the "OT Agreement" or "Award") and the corresponding payment of US$1.8 million for the completion of milestones under the Award. The Award was made through the Company's wholly owned subsidiary, Innovation Metals Corp., to conduct...
2024-12-13 7:50 AM EST
Ucore Secures Strategic Advantage with Louisiana Foreign Trade Zone Amid Proposed U.S. Trade Policies
Ucore's proposed Louisiana rare earth refining facility is located within the England Airpark & Community, a Foreign Trade Zone.Foreign Trade Zones have the potential to mitigate the impact of proposed tariffs on the import and export of rare earth products.Halifax, Nova Scotia--(Newsfile Corp. - December 4, 2024) - Ucore Rare Metals Inc. (TSXV: UCU) (OTCQX: UURAF) ("Ucore" or the "Company"), noting the recent news about potentially increased tariffs, comments on the value of its new Strategic Metals Complex (SMC) in...
2024-12-04 8:01 AM EST
Ucore Provides Corporate Update
Halifax, Nova Scotia--(Newsfile Corp. - December 3, 2024) - Ucore Rare Metals Inc. (TSXV: UCU) (OTCQX: UURAF) ("Ucore" or the "Company") announces that the Company intends to extend the term of a total of 7,055,795 common share purchase warrants (the "Warrants"). The Warrants were originally issued pursuant to a non-brokered private placement of the Company, which closed on December 22, 2022. Each Warrant is exercisable at a strike price of $0.85, with an original 24-month term. The...
2024-12-03 4:48 PM EST
Ucore Closes Private Placement Financing
Halifax, Nova Scotia--(Newsfile Corp. - November 14, 2024) - Ucore Rare Metals Inc. (TSXV: UCU) (OTCQX: UURAF) ("Ucore" or the "Company") is pleased to announce that has closed its previously announced non-brokered private placement offering of 4,803,329 units (the "Units") at a price of $0.50 per Unit for gross proceeds of $2,401,665 (the "Offering"). Each Unit consists of one common share in the capital of the Company (a "Common Share") and one-half of one Common Share purchase warrant...
2024-11-14 4:05 PM EST
Ucore Announces Private Placement Financing
Halifax, Nova Scotia--(Newsfile Corp. - November 12, 2024) - Ucore Rare Metals Inc. (TSXV: UCU) (OTCQX: UURAF) ("Ucore" or the "Company") is pleased to announce that it is proposing to complete, and has accepted subscription agreements for, a non-brokered private placement offering of 4,803,329 units (the "Units") at a price of $0.50 per Unit for gross proceeds of $2,401,665 (the "Offering"). Each Unit will consist of one common share in the capital of the Company (a "Common Share") and...
2024-11-12 3:31 PM EST
Ucore Continues to Advance its US DoD Demonstration Project towards Louisiana REE Commercialization
Halifax, Nova Scotia--(Newsfile Corp. - October 24, 2024) - Ucore Rare Metals Inc. (TSXV: UCU) (OTCQX: UURAF) ("Ucore" or the "Company") is pleased to update on its US$4 million Other Transaction Agreement
2024-10-24 11:19 AM EDT