Ucore Rare Metals Inc.

Ucore Rare Metals Inc. is pleased to comment on the US Government's announcement to strengthen the developing American electric vehicle market through increased tariffs on imports from the People's Republic of China to protect American workers and businesses. On May 14, 2024, the White House announced: "With extensive subsidies and non-market practices leading to substantial risks of overcapacity, China's exports of EVs [...]

Ucore Rare Metals Inc. announces: the completion of initial testing of a rare earth carbonate sample generated from Defense Metals' Wicheeda Project in British Columbia; and determination of the suitability of the Wicheeda Project's mixed rare earth carbonate product for commercial-scale processing with Ucore's RapidSX™ technology. Ucore Rare Metals Inc. is pleased to announce continued progress toward collaborative [...]

Ucore Rare Metals Inc. is pleased to announce amendments to certain previously-issued convertible debentures with a current maturity of May 31, 2024 , and further amendments to certain debt agreements with Orca Holdings, LLC . The 2020 Convertible Debentures were originally sold and issued by the Company in May 2020. These unsecured 2020 Convertible Debentures bear interest at a rate of 7.5% payable semi-annually. At any [...]

Ucore Announces: Successfully separating holmium through lutetium from lanthanum through dysprosium on a scale of 1000s of liters and above the targeted purity of 99% with its RapidSX™ technology Demo Plant Completion of second DOD Project Milestone Ucore Rare Metals Inc. is pleased to report that it has completed the second milestone outlined in its US$4 million Other Transaction Agreement with the US Department of [...]

Ucore Rare Metals Inc. is pleased to announce that it will be attending the 2024 Prospectors & Developers Association of Canada Conference in Toronto, Ontario from March 3-6, 2024. Ucore representatives will be available at the PDAC Investors Exchange, Booth #2110 from Sunday, March 3 to Wednesday, March 6 and welcome the opportunity to update investors and other stakeholders on recent developments. Further, Ucore's [...]

Ucore Rare Metals Inc. is pleased to announce the closing of a second and final tranche of its previously announced non-brokered private placement of convertible debentures in the amount of $480,000 for cumulative gross proceeds of $1.99 million . The net proceeds from the Offering are to be used for general working capital purposes. Pursuant to the Second Closing, the Company has issued 480 Debentures, in addition to the [...]

Ucore Rare Metals Inc. is pleased to host Canadian Government officials at its RapidSX™ Commercialization and Demonstration Facility in Kingston, Ontario, for the formal announcement of $4.2 million of funding through Natural Resources Canada's Critical Minerals Research, Development and Demonstration program. This funding program was originally announced by Ucore on November 20, 2023. Today, Mark Gerretsen, Member [...]

Ucore Rare Metals Inc. is pleased to announce a closing of its previously announced non-brokered private placement of new convertible debentures for aggregate gross proceeds of $1.5 million . Proceeds from the Offering are to be used for general working capital purposes. Pursuant to the Offering, the Company has issued 1,510 convertible debentures at a price of $1,000 per Debenture. The Debentures bear interest at a rate [...]

Ucore Rare Metals Inc. is pleased to announce that it has been invited to present at the Mine to Magnet Workshop presented by the National Defense Industry Association on January 16 and 17, 2024, and hosted by Lockheed Martin. Ucore personnel will be presenting at the "Disruptions and Substitutes" Session, taking place on Wednesday, January 17, 2024. The Workshop will gather stakeholders from across the rare earth supply [...]

Ucore Rare Metals Inc. is pleased to announce anticipated amendments to, and the extension of, previously-issued convertible debentures with a current maturity of May 31, 2024 . The 2020 Convertible Debentures were originally sold and issued by the Company in May of 2020. On May 21 and 29, 2020, the Company issued 1,280 and 1,520 of the 2020 Convertible Debentures respectively, with a face value of $1,000 each for total [...]