USFS Issues Authorization for Ucore's Bokan-Dotson Ridge Sampling Program
Halifax, Nova Scotia--(Newsfile Corp. - November 17, 2021) - Ucore Rare Metals Inc. (TSXV: UCU) (OTCQX: UURAF) ("Ucore" or the "Company") is pleased to announce that on November 10, 2021, the United States Department of Agriculture's Forest Service (the "USFS") issued a 1-year authorization for Ucore to commence with the
2021-11-17 7:00 AM EST
Ucore and Vital Metals Execute Feedstock Supply MOU for the Alaska SMC
Highlights Ucore is developing the Alaska SMC for the processing of rare earth elements in Southeast Alaska Vital Metals is producing rare earth concentrate from its Nechalacho rare earth project in NWT, Canada Vital Metals is constructing a Rare Earth Extraction Plant to produce a mixed rare earth chemical concentrate in Saskatoon, Saskatchewan from the Nechalacho deposit The Alaska SMC is planned to commence production of up to 2000 tonnes per annum (tpa) of individual rare earth oxides...
2021-10-19 9:07 AM EDT
Ucore and Alaska's Southeast Conference Execute MOA for the Funding of Strategic Metals Complex
Halifax, Nova Scotia--(Newsfile Corp. - October 7, 2021) - Ucore Rare Metals Inc. (TSXV: UCU) (OTCQX: UURAF) ("Ucore" or the "Company") and Alaska's Southeast Conference (collectively the "Parties") are pleased to announce the execution of a Memorandum Of Agreement ("MOA"), setting forth certain nonbinding understandings and binding agreements between Ucore and Southeast Conference for the evaluation and potential establishment of a Natural Resource Development Complex. The complex will...
2021-10-07 7:00 AM EDT
Ucore Grants Incentive Stock Options
Halifax, Nova Scotia--(Newsfile Corp. - September 2, 2021) - Ucore Rare Metals Inc. (TSXV: UCU) (OTCQX: UURAF) ("Ucore" or the "Company") advises that an aggregate of 480,000 options were granted to certain directors, officers, employees and consultants of the Company, subject to the approval of the TSX Venture Exchange. The options are exercisable at a price of C$1.30 per share and expire five years from September 1, 2021, the date of grant. One third of the options will vest after six...
2021-09-02 9:00 AM EDT
Ucore Joins National Mining Association; is Poised to Support the Biden Administration's Efforts to Strengthen the Domestic Supply Chain for 50% U.S. Vehicle Electrification by 2030
Halifax, Nova Scotia--(Newsfile Corp. - August 11, 2021) - Ucore Rare Metals Inc. (TSXV: UCU) (OTCQX: UURAF) ("Ucore" or the "Company") is pleased to announce that it has recently joined the National Mining Association ("NMA") as the Company prepares to construct the Alaska Strategic Metals Complex ("Alaska SMC") rare earth element ("REE") processing facility by the end of 2023 and seeks to accelerate the long-term development of the Bokan-Dotson Ridge Rare Earth Element Project ("Bokan" or...
2021-08-11 7:45 AM EDT
Ucore Updates on Innovation Metals Corp.'s Successful Completion of Initial Extraction-Rate Testing of the RapidSX Technology for Rare-Earth Elements Separation
Halifax, Nova Scotia--(Newsfile Corp. - June 30, 2021) - Ucore Rare Metals Inc. (TSXV: UCU) (OTCQX: UURAF) ("Ucore" or the "Company") is very pleased to announce that the Company's wholly owned subsidiary, Innovation Metals Corp. ("IMC" or the "company"), has successfully completed initial extraction-rate testing of its proprietary RapidSX™ separation technology and to provide an update on the company's RapidSX commercialization demonstration program and related timelines. Being a key...
2021-06-30 10:49 AM EDT
Ucore's ALASKA2023 Plan Bolstered by President Biden's 100-Day Review of the Critical Mineral Supply Chain
Halifax, Nova Scotia--(Newsfile Corp. - June 9, 2021) - Ucore Rare Metals Inc. (TSXV: UCU) (OTCQX: UURAF)i ("Ucore" or the "Company") is pleased with recent developments in Washington D.C. that are poised to strengthen United States supply chains and spur the domestic production capacity of rare earth elements ("REEs") and other critical materials. On Tuesday, June 8th, 2021, United States President Joe Biden released a review of US supply chain vulnerabilities pursuant to Executive Order...
2021-06-09 11:38 AM EDT
Ucore Announces Retention of Advisors for a Sustained Online Awareness Campaign
Halifax, Nova Scotia--(Newsfile Corp. - June 2, 2021) - Ucore Rare Metals Inc. (TSXV: UCU) (OTCQX: UURAF)[i] ("Ucore" or the "Company") is pleased to announce that it has entered into agreements with third parties to provide marketing, investor relations, and consulting services to the Company for the purposes of raising awareness about the Company and the significance of the Company's planned Strategic Metals Complex ("SMC") as the first step of the Alaska2023 Business Plan to establish a...
2021-06-02 8:03 AM EDT
Ucore Announces: Innovation Metals Corp. Establishes Technical Advisory Board of Renowned Rare-Earth and Critical-Metals Experts
Halifax, Nova Scotia--(Newsfile Corp. - May 18, 2021) - Ucore Rare Metals Inc. ("Ucore" or the "Company") (TSXV: UCU) (OTCQX: UURAF) is very pleased to announce that the Company's wholly owned subsidiary, Innovation Metals Corp. ("IMC" or the "company"), has established the IMC Technical Advisory Board. Comprised of internationally recognized industry experts and thought leaders, with significant scientific, technical, and market expertise relating to rare-earth elements ("REEs") and other...
2021-05-18 12:49 PM EDT
Ucore Chairman & CEO Provides Strategic Update to Shareholders: Taking Action Today to Secure Tomorrow
Provided $1.9 million of funding to IMC for the further advancement of the RapidSX™ technology for commercial deployment; including a $1-million tranche transferred on April 26, 2021 Allocated funding for an Independent Evaluation of RapidSX™ technology for the separation of REEs - scheduled for completion in Summer 2021 Allocated $750,000 to further ongoing specific business-development activities and initial Alaska SMC engineering to ensure that project timelines are achieved Finalizing a...
2021-05-12 9:42 AM EDT
Ucore Subsidiary, Innovation Metals Corp., Commences RapidSX Separation Testing with Rare-Earth Producer
Halifax, Nova Scotia--(Newsfile Corp. - May 4, 2021) - Ucore Rare Metals Inc. (TSXV: UCU) (OTCQX: UURAF) ("Ucore" or the "Company") is very pleased to announce that the Company's wholly owned subsidiary, Innovation Metals Corp. ("IMC"), has entered into a Technology Testing Agreement ("TTA") with a mining company (the "REE Producer"), located in a US-allied country whose principal product from its current mining operations is a mixed rare-earth element concentrate ("MREC"). The purpose of the...
2021-05-04 9:23 AM EDT
Ucore Announces Analyst Coverage Initiated by Stormcrow Capital Ltd.
Halifax, Nova Scotia--(Newsfile Corp. - March 9, 2021) - Ucore Rare Metals Inc. ("Ucore" or the "Company") (TSXV: UCU) (OTCQX: UURAF) is pleased to announce that Stormcrow Capital Ltd. ("Stormcrow Capital"), a Canadian-based securities dealer as well as research and technical consulting firm specializing in critical materials, has initiated equity analyst coverage on Ucore. The initiation research report on Ucore, dated March 8, 2021, was written and produced by Stormcrow Capital's President,...
2021-03-09 8:44 AM EST
IBC and Ucore Reach an Amicable Settlement Agreement
Utah and Halifax, Nova Scotia--(Newsfile Corp. - February 19, 2021) - Ucore Rare Metals Inc. (TSXV: UCU) (OTCQX: UURAF) and its named individual officers (collectively, "Ucore" or "Party") and IBC Advanced Technologies, Inc., its named individual officers, and all IBC shareholders that are party to the Option to Purchase Agreement (collectively, "IBC" or "Party")) announce that the Parties have reached a settlement agreement (the "Agreement") regarding all litigation activities between the...
2021-02-19 7:30 AM EST
Ucore Rare Metals Announces Closing of Non-Brokered Private Placement
Halifax, Nova Scotia--(Newsfile Corp. - February 9, 2021) - Ucore Rare Metals Inc. (TSXV: UCU) (OTCQX: UURAF) ("Ucore" or the "Company") is pleased to announce that further to its previous announcements, the Company has closed its non-brokered private placement (the "Private Placement") consisting of an aggregate of 6,700,000 units (the "Units") at a subscription price of C$1.00 per Unit, for aggregate gross proceeds to the Company of C$6.7 million. Each Unit consists of one common share of...
2021-02-09 9:59 AM EST
Ucore Rare Metals Provides an Update Regarding Its Non-Brokered Private Placement
Halifax, Nova Scotia--(Newsfile Corp. - February 2, 2021) - Ucore Rare Metals Inc. (TSXV: UCU) (OTCQX: UURAF) ("Ucore" or the "Company") is pleased to announce that, further to its announcement dated January 28, 2021, the Company's non-brokered private placement has been oversubscribed and the Company is no longer accepting subscription agreements. The target closing date for the transaction is Monday, February 8, 2021. # # # About Ucore Rare Metals Inc. Ucore is focused on rare and critical...
2021-02-02 2:18 PM EST
Ucore Provides Update on RapidSX(TM) Technology for Near-Term Commercial Rare-Earth Elements Separation in USA
Halifax, Nova Scotia--(Newsfile Corp. - January 29, 2021) - Ucore Rare Metals Inc. (TSXV: UCU) (OTCQX: UURAF) ("Ucore" or the "Company") is pleased to provide the following update regarding the Company's wholly owned subsidiary, Innovation Metals Corp. ("IMC"), and its ongoing commercialization development program for its RapidSX™ separation technology which is principally occurring at the RapidSX Commercialization and Development Facility ("CDF") in Kingston, Ontario
2021-01-29 8:47 AM EST
Ucore Rare Metals Announces Non-Brokered Private Placement of Units
Halifax, Nova Scotia--(Newsfile Corp. - January 28, 2021) - Ucore Rare Metals Inc. (TSXV: UCU) (OTCQX: UURAF) ("Ucore" or the "Company") is pleased to announce that it has received commitments from lead orders for an expected C$5 million private placement of units (the "Units") on a non-brokered basis at a price of C$1.00 per Unit (the "Private Placement"). Each Unit will consist of one common share of the Company (a "Common Share") and one-half of one Common Share purchase warrant (each...
2021-01-28 4:30 PM EST
AIDEA Board Approves First Step Toward Ucore's Alaska SMC Development; Corresponds with Significant Rise in REO Prices over 2020
Halifax, Nova Scotia--(Newsfile Corp. - January 21, 2021) - Ucore Rare Metals Inc. (TSXV: UCU) (OTCQX: UURAF) ("Ucore" or the "Company") is pleased to announce that the Board of Directors (the "Board") of the Alaska Industrial Development and Export Authority ("AIDEA") unanimously passed a resolution authorizing the formalization of the preliminary due-diligence process that Ucore has been conducting with AIDEA staff since October of 2020. Ucore had then approached AIDEA regarding a...
2021-01-21 12:57 PM EST
Ucore Rare Metals Completes Share Consolidation
Halifax, Nova Scotia--(Newsfile Corp. - December 11, 2020) - Ucore Rare Metals Inc. (TSXV: UCU) (OTCQX: UURAF) ("Ucore" or the "Company") is pleased to announce that the Company's 1-for-10 share consolidation, as previously described in the Company's press releases dated October 20, 2020 and December 3, 2020, is now effective (the "Share Consolidation"). Trading of the Company's shares on a post-consolidated basis commenced at market open on Friday, December 11, 2020. The Share Consolidation...
2020-12-11 8:05 AM EST
Ucore Reports: US National Defense Authorization Act Mandates REE Mined and Refined Outside of China
Halifax, Nova Scotia--(Newsfile Corp. - December 9, 2020) - Ucore Rare Metals Inc. (TSXV: UCU) (OTCQX: UURAF) ("Ucore" or the "Company") is pleased to report on several developments with rare earth elements ("REE") involving the US government's National Defense Authorization Act ("NDAA" or "the bill") for Fiscal Year ("FY") 2021. The bill, which passed the U.S. House of Representatives by a vote of 335 to 78 on December 8, 2020, requires most Department of Defense systems to use REE mined and...
2020-12-09 10:08 AM EST