Ucore Rare Metals Inc. , a leading developer of rare earth element processing technology, is pleased to announce that it has been selected by the Global Affairs Canada to attend the Autotech CTA Fall 2023 Program in San Jose, California on October 10 -12, 2023. The Program, organized by The Government of Canada's Trade Commissioner Service in Palo Alto and the Province of Ontario Trade & Investment Office in San [...]
Ucore announces: Industrial Tax Exemption Program approval from the Louisiana Board of Commerce and Industry and the required local approvals from the Rapides Parish's Police Jury, School Board, and Sheriff's Office For its development of an 80,800 square-foot brownfield facility as the location of its first North American commercial rare earth element RapidSX™ processing facility in Alexandria, Louisiana Ultimately [...]
Ucore Rare Metals Inc. is pleased to announce a visit of staff from the United States Embassy in Canada to its RapidSX™ Commercial Demonstration Facility in Kingston, Ontario. This visit underscores the strategic importance of Ucore's innovative technology in rare earth element processing and the potential for international collaboration in advancing sustainable resource solutions, and it builds on the Company's [...]
Ucore Rare Metals Inc. is pleased to announce that it has closed the second and final tranche of its previously announced private placement offering of units of the Company , with the Second Tranche consisting of 413,000 Units at a price of $1.00 per Unit for additional gross proceeds of $413,000. Together with the initial tranche of the Offering , which closed yesterday with proceeds of $4,409,500, the Company has raised [...]
Ucore Rare Metals Inc. is pleased to announce that it has closed the first of two tranches of its previously announced private placement offering of units of the Company , pursuant to which the Company issued 4,409,500 Units at a price of $1.00 per Unit for aggregate gross proceeds of $4,409,500. The Company expects to complete the second tranche of the Offering on or about July 28, 2023. The brokered portion of the First [...]
Ucore: Completes the initial programmatic US DoD post-award conference Outlines the prospective pathway to a full-scale RapidSX™ US rare earth element separation facility Ucore Rare Metals Inc. is pleased to announce that it has conducted the initial programmatic post-award conference with the US Department of Defense for the Company's recently announced US$4 million Other Transaction Agreement . This Rare Earth [...]
Ucore has recently acquired more than 2 tonnes of a mixed light rare earth element chemical concentrate derived from a US mineralization source This light REE feedstock is the third and final feedstock the Company will use during commissioning trials at its Kingston, Ontario, RapidSX™ Demonstration Plant: The Company has also incorporated mixed chemical concentrates created from a synthetic monazite blend and a [...]
Ucore Rare Metals Inc. has entered into an engagement letter with Research Capital Corporation , on behalf of a syndicate of agents, including Canaccord Genuity Corp. and Echelon Wealth Partners Inc. , in connection with a 'best efforts' agency basis private placement of units of the Company at a price of $1.00 per Unit for minimum gross proceeds of $4.0 million and maximum gross proceeds of $5.35 million . Each Unit will [...]
Ucore Rare Metals Inc. announces the availability of a broadcast titled, "The Supply Crisis for Rare Earth Elements Intensifies." To hear the AudioPressRelease. Audio News Podcast To view the full editorial. For more than 15 years, Ucore Rare Metals Inc. has been an important part of the rare earth market, developing technology to disrupt the status quo of rare earth elements. The company is now in a position to help [...]
Ucore Rare Metals Inc. announces its placement in an editorial published by NetworkNewsWire, one of 50+ trusted brands within the InvestorBrandNetwork, a multifaceted financial news and publishing company for private and public entities. To view the full publication, "The Supply Crisis for Rare Earth Elements Intensifies," The transition from fossil fuels to electrification has created a huge increase in demand for rare [...]
Ucore Announces: A US$4 million award from the US Army Contracting Command-Orlando to demonstrate Rare Earth Element Separation Technology Capabilities at the RapidSX™ Commercialization and Demonstration Facility in Kingston, Ontario It is anticipated that upon successful completion of the Project, a follow-on production award may be issued to further support Ucore's REE separation capabilities in Louisiana [...]
Ucore Rare Metals Inc. is pleased to announce that it intends to extend the term of certain outstanding convertible debentures which currently have a maturity date of May 31, 2023 . The Convertible Debentures were originally issued in May of 2020, with a three-year term. On May 21 and 29, 2020, the Company issued 1,280 and 1,520 Convertible Debentures respectively, with a face value of $1,000 each for total gross proceeds [...]