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 [...]
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 extend the maturity date of the Loan for 24 months to November 30, 2023. In consideration of the Loan extension and subject to the approval of the TSX Venture Exchange, one million warrants will be issued to Orca. Each Warrant will entitle Orca to acquire one common [...]
Ucore conducted Bokan field mapping work in September 2021 Ucore to conduct the Bokan channel and bulk sampling program during the Summer 2022 field season All required state and federal permits are now in hand for the Summer 2022 field season Ucore Rare Metals Inc. is pleased to announce that on November 10, 2021, the United States Department of Agriculture's Forest Service issued a 1-year authorization for Ucore to [...]
Highlights Ucore is developing the Alaska SMC for the processing of rare earth elements in Southeast Alaska Vital Metals is producing rare earth concentrate from its Nechalacho rare earth project in NWT, Canada Vital Metals is constructing a Rare Earth Extraction Plant to produce a mixed rare earth chemical concentrate in Saskatoon, Saskatchewan from the Nechalacho deposit The Alaska SMC is planned to commence production [...]
Ucore Rare Metals Inc. and Alaska's Southeast Conference are pleased to announce the execution of a Memorandum Of Agreement , setting forth certain nonbinding understandings and binding agreements between Ucore and Southeast Conference for the evaluation and potential establishment of a Natural Resource Development Complex. The complex will include land and a building suitable to house Ucore's rare earth element [...]
Ucore Rare Metals Inc. advises that an aggregate of 480,000 options were granted to certain 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 C$1.30 per share and expire five years from September 1, 2021, the date of grant. One third of the options will vest after six months, with one third vesting every six months [...]
Ucore Rare Metals Inc. is pleased to announce that it has recently joined the National Mining Association as the Company prepares to construct the Alaska Strategic Metals Complex rare earth element processing facility by the end of 2023 and seeks to accelerate the long-term development of the Bokan-Dotson Ridge Rare Earth Element Project . Since 1995, the NMA has been the clear, strong voice in Washington, D.C., for U.S [...]
Ucore Rare Metals Inc. is very pleased to announce that the Company's wholly owned subsidiary, Innovation Metals Corp. , has successfully completed initial extraction-rate testing of its proprietary RapidSX™ separation technology and to provide an update on the company's RapidSX commercialization demonstration program and related timelines. Being a key technical milestone in the commercialization of RapidSX, the [...]
Ucore Rare Metals Inc. i is pleased with recent developments in Washington D.C. that are poised to strengthen United States supply chains and spur the domestic production capacity of rare earth elements and other critical materials. On Tuesday, June 8th, 2021, United States President Joe Biden released a review of US supply chain vulnerabilities pursuant to Executive Order 14017. The review shows that the US government [...]
Ucore Rare Metals Inc. [i] is pleased to announce that it has entered into agreements with third parties to provide marketing, investor relations, and consulting services to the Company for the purposes of raising awareness about the Company and the significance of the Company's planned Strategic Metals Complex as the first step of the Alaska2023 Business Plan to establish a complete, secure, domestic rare-earth element [...]
Ucore Rare Metals Inc. is very pleased to announce that the Company's wholly owned subsidiary, Innovation Metals Corp. , has established the IMC Technical Advisory Board. Comprised of internationally recognized industry experts and thought leaders, with significant scientific, technical, and market expertise relating to rare-earth elements and other critical materials, the Technical Advisory Board will advise and support [...]
Provided $1.9 million of funding to IMC for the further advancement of the RapidSX™ technology for commercial deployment; including a $1-million tranche transferred on April 26, 2021 Allocated funding for an Independent Evaluation of RapidSX™ technology for the separation of REEs - scheduled for completion in Summer 2021 Allocated $750,000 to further ongoing specific business-development activities and initial Alaska SMC [...]