Ucore Rare Metals Inc. is pleased to report on two very positive recent developments under the MINE Component of its M3 Plan of Action, regarding Shovel Ready initiatives for the Bokan-Dotson Ridge Rare Earth Project : VALUATION OF CO-PRODUCTS The Company has now received initial results from the first phase of a scientific co-products metals report conducted by Mr. Edwin H. Bentzen III, a consulting metallurgical [...]
On September 13, 2019, Ucore Rare Metals Inc. issued yet another misleading press release entitled "Update on IBC Acquisition Legal Proceedings." IBC Advanced Technologies, Inc. is very concerned about Ucore's on-going attempts to create confusion among IBC's customers, the Federal and Alaskan Governments, and the public at large, including IBC's shareholders, employees and suppliers. Ucore's so-called "update" is [...]
Ucore Rare Metals Inc. is pleased to provide an update on the legal proceedings in Nova Scotia and Utah involving the prospective acquisition of IBC Advanced Technologies, Inc. . As communicated in the Ucore Press Release of September 4, 2019, all significant rulings in the Proceedings to date have been in Ucore's favour. The following is a status update relative to the Proceedings in each of the jurisdictions, including [...]
Ucore Rare Metals Inc. is pleased to announce that it will be offering rights to holders of its common shares of record at the close of business on September 17, 2019 . Pursuant to the Rights Offering, each holder of Common Shares will receive one transferable right for each Common Share held. Each Right will entitle a holder to purchase one Common Share at a price of $0.10 . A maximum of 284,129,859 Common Shares will be [...]
Ucore Rare Metals Inc. is pleased to expand upon, and provide additional detail with respect to the roll-out of the following mine to metal to market plan of strategic actions; further to the Company's press release of September 4, 2019. "Current international events suggest that the U.S. is now on the threshold of a significant disruption to the domestic REE supply chain," said Jim McKenzie, President & CEO of Ucore [...]
Ucore Rare Metals Inc. recently announced, on September 4, 2019 , that it will be using "an SX-based platform for the [Alaskan Strategic Metal Complex] SMC." Despite this Announcement, Ucore continues to associate itself with IBC Advanced Technologies, Inc. and Molecular Recognition Technology , even though IBC has made numerous demands for Ucore to cease doing so. IBC has had no role in, or communication with Ucore regarding their embrace of solvent [...]
Ucore Rare Metals Inc. is pleased to provide the following message from Jim McKenzie, President & CEO of Ucore. Dear Ucore Shareholders, The past ten months have been an exciting yet tumultuous time for Ucore. I'd like at this time to reflect on Ucore's past and to provide you with an update as to where the Company is today, where we are going, and why it is important. Since 2007, when I took the helm at Ucore, the goal [...]
Ucore Rare Metals Inc. is pleased to provide the following message from Jim McKenzie, President & CEO of Ucore. Dear Ucore Shareholders, The past ten months have been an exciting yet tumultuous time for Ucore. I'd like at this time to reflect on Ucore's past and to provide you with an update as to where the Company is today, where we are going, and why it is important. Since 2007, when I took the helm at Ucore, the goal [...]
Ucore Rare Metals Inc. is pleased to announce that on August 9, 2019, Alaska Governor Michael J. Dunleavy submitted a nomination letter to the White House Council of Environmental Quality recommending that the Chairman of the CEQ designate the Bokan-Dotson Ridge Rare Earth Project as a High Priority Infrastructure Project . The HPIP program was instituted by the Trump Administration in 2017 as a means of expediting the [...]
Ucore Rare Metals Inc. recently issued a press release announcing that Ucore had made a proposal to the U.S. Department of Defense in response to a request for information from the Defense Production Act Title III Office. Although the exact terms of the Proposal are not evident, it appears that Ucore represented that the technology and services of IBC Advanced Technologies, Inc. would be involved in the processing and [...]
Ucore Rare Metals Inc. is pleased to announce that the Company recently hosted Senators Lisa Murkowski and Dan Sullivan in separate visits to Ketchikan, Alaska, to discuss Ucore's promise as a secure domestic supply source for rare earth elements crucial to U.S. defense, manufacturing, and industrial base needs. "We're delighted to be working with two influential federal Senators, both of whom recognize the importance of [...]
- - Ucore Rare Metals Inc. commends the White House for its five , presidential determinations issued July 22, 2019, concluding that domestic rare earth processing capabilities are essential to national defense . The Defense Production Act of 1950, as amended, requires the president to make one or more Determinations in order to authorize the U.S. government to invest directly into privately-owned manufacturing [...]