Ucore Rare Metals Inc. is pleased to announce developments related to its comprehensive M3 Plan of Action . The Company has finalized a project-specific advisory team for the purpose of designing its heavy rare earth element solvent extraction plant and processing capabilities in Southeast Alaska , and with respect to its forthcoming anticipated proposal for near term U.S. Government funding . The Company has attracted [...]
Ucore Rare Metals Inc. is pleased to provide an update on the legal proceedings in Nova Scotia commenced on December 11, 2018, involving the prospective 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 . On October 16, 2019, IBC submitted a motion [...]
Ucore Rare Metals Inc. is pleased to provide the following progress updates 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. "Ucore is advancing its flagship U.S. mineral resource at Bokan Mountain to diminish America's, and indeed the Western World's, dependence on Chinese [...]
Ucore Rare Metals Inc. is pleased to announce an upgraded mineral resource estimate for the Bokan Dotson-Ridge Rare Earth Project in Southeast Alaska . The upgrade to the Resource incorporates six additional critical co-product metals [1] not previously considered in mineral resource and economic estimates . Using a total rare earth oxide cut-off grade of 0.40 percent, an additional 38.5 thousand tonnes of the critical and [...]
Ucore Rare Metals Inc. is pleased to provide an update on the legal proceedings in Nova Scotia commenced on December 11, 2018, involving the prospective acquisition of IBC Advanced Technologies, Inc. and specifically, the enforceability of the Option to Purchase Agreement and defamatory public comments made by IBC and Steven R. Izatt . On April 23, 2019, Ucore successfully opposed IBC's motion challenging the Nova Scotia [...]
Ucore Rare Metals Inc. is pleased to provide an update on the lawsuit that was initiated on January 4, 2019, by IBC Advanced Technologies, Inc. and Steven R. Izatt against Ucore and certain executives of the Company . During a hearing on May 23, 2019, when oral arguments were presented, the Third District Court, Salt Lake Division, Salt Lake County, State of Utah orally granted a motion in favour of Ucore to dismiss the [...]
On January 4, 2019, IBC Advanced Technologies, Inc. filed a Complaint in the Third District Court of the State of Utah, against Ucore Rare Metals Inc. , Jim McKenzie, Mark MacDonald, Randy McGillivray, and John Does I and II , seeking damages of no less than USD $20 million based on violation of common law and statutory claims, including misappropriation of IBC's trade secrets and confidential information, infringement [...]
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 [...]
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