Ucore Rare Metals Inc. is pleased to provide the following progress update with respect to the roll-out of its MINE to METAL to MARKET plan of strategic actions for its Bokan-Dotson Ridge Rare Earth Project ; further to the Company’s press release of September 10, 2019. Bokan Project - Mill Flowsheet Design Upgrade for 2020 Pursuant to the MINE component of the M³ Plan, the Company has engaged SGS Canada Inc [...]
Ucore Rare Metals Inc. is pleased to announce that it has partnered with Materion Corporation of Ohio to respond to an open U.S. Government solicitation for a strategic assessment of the domestic heavy rare earth element market, in conjunction with an engineering evaluation of the viability of HREE separation capabilities at various sites within the United States. Ucore and Materion have signed a memorandum of [...]
Ucore Rare Metals Inc. is pleased to announce that it has partnered with Materion Corporation of Ohio to respond to an open U.S. Government solicitation for a strategic assessment of the domestic heavy rare earth element market, in conjunction with an engineering evaluation of the viability of HREE separation capabilities at various sites within the United States. Ucore and Materion have signed a memorandum of [...]
At the request of the Investment Industry Regulatory Organization of Canada , Ucore Rare Metals Inc. confirms that the Company's management is unaware of any material change in the Company's operations that would account for the recent increase in market activity. About Ucore Ucore Rare Metals is a company focused on rare and critical metals resources, extraction and beneficiation technologies with near term potential for [...]
Ucore Rare Metals Inc. is pleased to announce that on December 4, 2019, the Supreme Court of Nova Scotia orally granted the interlocutory injunction requested by Ucore against IBC Advanced Technologies, Inc. and Steven R. Izatt . The Injunction shall remain in place until the conclusion of the trial regarding the December 11, 2018 action brought forth by Ucore against IBC. The Injunction will require IBC and its material [...]
Ucore Rare Metals Inc. , is pleased to announce that it has renegotiated the terms of its long-term debt owing to Orca Holdings, LLC and that Orca has agreed to a reduction in the interest rate and an extension of the maturity date of the loan , as well as an immediate repayment of a portion of the debt. As described in the Company's press release dated April 2, 2019, the Loan is a secured loan between the Company and [...]
Ucore Rare Metals Inc. advises that an aggregate of 4,300,000 options have been granted to 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 $0.12 per share and expire five years from November 15, 2019, the date of grant. One third of the options will vest after six months, with one third vesting every six months [...]
This press release is issued pursuant to Multilateral Instrument 62-104 - Take-Over Bids and Issuer Bids and National Instrument 62-103 - The Early Warning System and Related Take-Over Bid and Insider Reporting Issues. This release is being made by Randy Johnson to report information concerning holdings of Mr. Johnson and Orca Holdings, LLC in Ucore Rare Metals Inc. . Orca Holdings, LLC is wholly-owned by Mr. Johnson [...]
On October 25, 2019, Ucore Rare Metals Inc. closed its previously announced rights offering which expired on October 23, 2019 . At closing, Ucore issued 80,986,555 common shares of the Issuer at a price of CAD$0.10 per Share for total gross proceeds of CAD$8,098,655.50. Following the closing of the Rights Offering, Ucore has 365,116,414 Shares issued and outstanding. At the time of the previous early warning report filed [...]
Ucore Rare Metals Inc. announces the following updates regarding legal actions stemming from the proposed acquisition of IBC Advanced Technologies, Inc. and specifically, the enforceability of the Option to Purchase Agreement and allegedly defamatory public comments made by IBC Advanced Technologies, Inc. and Steven R. Izatt . Ucore vs. IBC commenced on December 11, 2018, in the Supreme Court of Nova Scotia. After an [...]
Ucore Rare Metals Inc. , is pleased to announce that it has closed its previously announced rights offering which expired on October 23, 2019 . At closing, Ucore issued 80,986,555 common shares of the Company at a price of CAD$0.10 per Share for total gross proceeds of $8,098,655.50. Following the closing of the Rights Offering, Ucore has 365,116,414 Shares issued and outstanding. A total of 66,552,655 Shares were issued [...]
Ucore Rare Metals Inc. is pleased to announce the completion of its rights offering , which expired at 5:00 pm EDT on October 23, 2019. The Rights Offering will result in the expected issuance of approximately 80,986,555 common shares of Ucore at a price of $0.10 CAD per share for gross proceeds of approximately $8,098,656 CAD. Ucore is now working with its subscription agent to process the subscriptions and the exact [...]
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