Ucore Rare Metals Inc. is pleased to report on several developments with rare earth elements involving the US government's National Defense Authorization Act for Fiscal Year 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 refined entirely outside of China within five years and directs the government [...]
Ucore Rare Metals Inc. is pleased to announce the voting results of the Company's Special Meeting of Shareholders held on December 3, 2020 regarding the Company's proposed 1-for-10 share consolidation . At total of 80,188,966 shares were voted at the meeting either in person or by proxy, with a total of 76,866,649 shares, or 96% of total votes, being in favour of the Share Consolidation, as described in the Company's [...]
Ucore Rare Metals Inc. announces its intention to affect a consolidation of its outstanding common shares on the basis of one post consolidation share for every ten pre-consolidation shares outstanding. Based on the number of shares currently outstanding, the outstanding shares of the Company will be reduced from 410,499,826 to approximately 41,049,982 on a non-diluted basis. The percentage of the Company owned by each [...]
Ucore Rare Metals Inc. , is pleased to announce that the Company has shipped more than 1.5 tonnes of rare-earth elements feedstock material produced from Ucore's Bokan-Dotson Ridge Heavy Rare Earth Project in Alaska, USA, to the Innovation Metals Corp. RapidSX™ Commercialization and Development Facility in Kingston, Ontario, Canada. The Bokan REE feedstock was shipped from SGS Canada Inc.'s facilities in Lakefield [...]
Ucore Rare Metals Inc. today announces that the Investment Agreement announced on October 10, 2019 between Ucore's wholly owned subsidiary, Innovation Metals Corp. , and Hexagon Energy Materials Ltd. has been terminated. The Investment Agreement provided Hexagon with a 12-month option to acquire 49% of American Innovation Metals LLC, a prospective joint-venture company that on exercise of the Option, would have had the [...]
Ucore Rare Metals Inc. is pleased to provide the following message from Pat Ryan, Chairman & Interim CEO of Ucore: To our Valued Shareholders, The world is changing - and at an unprecedented pace. For Ucore's long-term shareholders and new supporters alike, this acceleration of change has generated opportunities that continue to evolve in our favour. Many of these opportunities are linked to emerging supply chain chaos [...]
Ucore Rare Metals Inc. and its wholly owned subsidiary, Innovation Metals Corp. , applaud the new Executive Order from the United States Federal Government directing the enhancement of North American supply chains for critical minerals. The September 30, 2020 U.S. Presidential Executive Order, entitled, 'Executive Order on Addressing the Threat to the Domestic Supply Chain from Reliance on Critical Minerals from Foreign [...]
Ucore Rare Metals Inc. is pleased to provide the following update on the Company's wholly owned subsidiary, Innovation Metals Corp. and the commercialization development program for IMC's RapidSX™ technology, at the RapidSX Commercialization and Development Facility in Kingston, Ontario, Canada. IMC's proprietary RapidSX technology is being commercialized for the cost-effective bulk separation and purification of [...]
Ucore Rare Metals provides an update on the complaint it filed on December 11, 2018, against IBC Advanced Technologies, Inc. and Steven R. Izatt in the Supreme Court of Nova Scotia. Background On Dec. 18, 2019, the NSSC issued an interlocutory injunction order preserving an agreement between the parties dated March 14, 2015, pending further order of the Court and, inter alia, prohibiting IBC from: Taking any further steps [...]
Ucore Rare Metals is pleased to announce that the United States Forest Service has reached an agreement with Newmont USA Limited and Dawn Mining Company to finance the environmental renewal of the former Ross Adams uranium mine site at Bokan Mountain. The on-site environmental reclamation project will be highly useful in setting a clean slate for the permitting and commencement of planned mining activities at the [...]
Ucore Rare Metals is pleased to provide an update on the lawsuit that was initiated on February 19, 2019, by IBC Advanced Technologies, Inc. and Steven R. Izatt against Ucore and certain executives of the Company. Under the Second Utah Complaint, on March 6, 2020, IBC filed a Motion for Partial Summary Judgment seeking an outright judgment by the U.S. District Court, District of Utah declaring: 1) the Option to Purchase [...]
Ucore Rare Metals Inc. is pleased to announce that further to the Company's June 18, 2020 announcement titled 'Strategic Update About Ucore, Innovation Metals and the RapidSX™ Technology', Ucore's wholly owned subsidiary, Innovation Metals Corp. , has executed a binding agreement with Kingston Process Metallurgy Inc. to serve as IMC's long-term laboratory partner for the commercialization of the RapidSX™ technology. IMC's [...]
+46,85 %
-15,97 %
