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 [...]
Ucore Rare Metals Inc. is very pleased to announce that the Company's wholly owned subsidiary, Innovation Metals Corp. , has entered into a Technology Testing Agreement with a mining company , located in a US-allied country whose principal product from its current mining operations is a mixed rare-earth element concentrate . The purpose of the TTA is to generate empirical data for joint evaluation by IMC and the REE [...]
HALIFAX, NS, March 26, 2021 /CNW/ - Ucore Rare Metals Inc. advises that an aggregate of 190,000 options were granted to three senior officers of Innovation Metals Corp. as well as to a consultant 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 March 26, 2021, the date of grant. One third of the options will vest [...]
Ucore Rare Metals Inc. is pleased to announce that Stormcrow Capital Ltd. , a Canadian-based securities dealer as well as research and technical consulting firm specializing in critical materials, has initiated equity analyst coverage on Ucore. The initiation research report on Ucore, dated March 8, 2021, was written and produced by Stormcrow Capital's President, Dr. Jon Hykawy, as an independent analysis of Ucore's [...]
Ucore Rare Metals Inc. and its named individual officers and IBC Advanced Technologies, Inc., its named individual officers, and all IBC shareholders that are party to the Option to Purchase Agreement ) announce that the Parties have reached a settlement agreement regarding all litigation activities between the Parties and any other associated individuals. The specific terms of the Agreement are confidential. The terms [...]
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. On February 8, 2021, Ucore Rare Metals Inc. closed a non-brokered private placement that Ucore had announced via a press release on January 28, 2021 . The closing of the Offering consisted of the issuance [...]
Ucore Rare Metals Inc. is pleased to announce that further to its previous announcements, the Company has closed its non-brokered private placement consisting of an aggregate of 6,700,000 units at a subscription price of C$1.00 per Unit, for aggregate gross proceeds to the Company of C$6.7 million. Each Unit consists of one common share of the Company and one-half of one Common Share purchase warrant . Each Warrant [...]