Ucore Rare Metals Inc.

Ucore Rare Metals Inc. is pleased to announce that the order book for its previously announced brokered private placement of units of the Company , is over-subscribed and closed. Red Cloud Securities Inc., as lead agent and sole bookrunner, together with Raymond James Ltd., are acting as agents in connection with the Offering. Pursuant to the Offering, the Company is issuing Units at the previously announced price of [...]

Ucore Rare Metals Inc. has entered into an engagement letter with Red Cloud Securities Inc. , on behalf of a syndicate of agents , in connection with a "best efforts" agency basis private placement of units of the Company at a price of $1.20 per Unit for maximum gross proceeds of $10 million . Each Unit will consist of one common share in the capital of the Company and one-half of one Common Share purchase warrant . Each [...]

Ucore Rare Metals Inc. is pleased to announce that the Company has executed the definitive contract for its largest financing agreement to date, the US$18.4 million follow-on first-stage production award from the U.S. Department of Defense that was previously announced on May 14, 2025. This award brings total funding under the Company's existing Other Transaction Agreement with U.S. Army Contracting Command-Orlando to [...]

Ucore Rare Metals Inc. is pleased to announce that it will hold a formal ground-breaking ceremony on Thursday, May 29th for its Louisiana Strategic Metals Complex , the Company's first commercial rare earth element refining facility, located at the England Airpark in Alexandria, Louisiana. The Louisiana SMC will produce high-purity rare earth oxides from mixed rare earth chemical concentrates obtained from multiple global [...]

A US$18.4 million funding agreement with the US Department of Defense to launch its RapidSX™ Rare Earth Element Separation Technology toward full-scale operation, including: Expansion of the current $4M US DOD demonstration project Commercial-scale RapidSX™ production module construction and operations System engineering technology transfer from Ucore's Canadian demonstration facility to its developing United [...]

Ucore Rare Metals is pleased to announce the following marketing and investor awareness engagements. The Company reports that it has engaged InvestorBrandNetwork, to provide corporate communications expertise and related services. The Company expects that IBN will leverage its investor-based distribution network of 5,000+ key syndication outlets, various newsletters and other outreach tools to generate awareness of the [...]

Ucore Rare Metals is pleased to announce that its Chairman and CEO, Pat Ryan, will be presenting at the Emerging Growth Conference on Wednesday, April 16, 2025 at 2:20pm Eastern Time. Mr. Ryan is looking forward to providing existing shareholders and the investment community with an overview of the Company and its operations, together with an update on recent developments in the rare earth sector. Prospective attendees [...]

Ucore Rare Metals acknowledges the recent joint announcement by China's Ministry of Commerce and the General Administration of Customs regarding export restrictions on critical rare earth elements effective April 4, 2025. As reported by multiple news sources, the export restrictions, applicable to all countries, include seven key medium and heavy rare earth elements, including samarium, gadolinium, terbium, dysprosium [...]

Ucore Rare Metals Inc. , is pleased to comment on the latest executive order issued by President Trump, invoking wartime powers under the Defense Production Act to address threats to the country's national and economic security by reliance upon "hostile foreign powers' mineral production" . The Executive Order outlines a number of initiatives to "facilitate domestic mineral production to the maximum extent possible" and [...]

Ucore Rare Metals Inc. is pleased to announce that it has closed a non-brokered private placement of 1,955,800 units at a price of CAD$0.60 per Unit . Each Unit consists of one common share in the capital of the Company and one Common Share purchase warrant . Each Warrant entitles the holder thereof to purchase one Common Share for a period of 36 months following the date of closing of the Offering at an exercise price of [...]