Ucore Rare Metals Inc.

Ucore Rare Metals Inc. is pleased to provide the following update regarding the Company's wholly owned subsidiary, Innovation Metals Corp. , and its ongoing commercialization development program for its RapidSX™ separation technology which is principally occurring at the RapidSX Commercialization and Development Facility in Kingston, Ontario, Canada. IMC's proprietary RapidSX technology is being commercialized for the [...]

Ucore Rare Metals Inc. is pleased to announce that it has received commitments from lead orders for an expected C$5 million private placement of units on a non-brokered basis at a price of C$1.00 per Unit . Each Unit will consist of one common share of the Company and one-half of one Common Share purchase warrant . Each Warrant will entitle the holder thereof to acquire one additional Common Share at a price of C$1.50 per [...]

Ucore Rare Metals Inc. is pleased to announce that the Board of Directors of the Alaska Industrial Development and Export Authority unanimously passed a resolution authorizing the formalization of the preliminary due-diligence process that Ucore has been conducting with AIDEA staff since October of 2020. Ucore had then approached AIDEA regarding a prospective US$3.5-million investment for the development and [...]

Ucore Rare Metals Inc. is pleased to announce that the Company's 1-for-10 share consolidation, as previously described in the Company's press releases dated October 20, 2020 and December 3, 2020, is now effective . Trading of the Company's shares on a post-consolidated basis commenced at market open on Friday, December 11, 2020. The Share Consolidation was approved at the Company's Special Meeting of Shareholders held on [...]

Ucore Rare Metals Inc. is pleased to report on several developments with rare earth elements involving the US government's National Defense Authorization Act for Fiscal Year 2021. The bill, which passed the U.S. House of Representatives by a vote of 335 to 78 on December 8, 2020, requires most Department of Defense systems to use REE mined and refined entirely outside of China within five years and directs the government [...]

Ucore Rare Metals Inc. is pleased to announce the voting results of the Company's Special Meeting of Shareholders held on December 3, 2020 regarding the Company's proposed 1-for-10 share consolidation . At total of 80,188,966 shares were voted at the meeting either in person or by proxy, with a total of 76,866,649 shares, or 96% of total votes, being in favour of the Share Consolidation, as described in the Company's [...]

Ucore Rare Metals Inc. announces its intention to affect a consolidation of its outstanding common shares on the basis of one post consolidation share for every ten pre-consolidation shares outstanding. Based on the number of shares currently outstanding, the outstanding shares of the Company will be reduced from 410,499,826 to approximately 41,049,982 on a non-diluted basis. The percentage of the Company owned by each [...]

Ucore Rare Metals Inc. , is pleased to announce that the Company has shipped more than 1.5 tonnes of rare-earth elements feedstock material produced from Ucore's Bokan-Dotson Ridge Heavy Rare Earth Project in Alaska, USA, to the Innovation Metals Corp. RapidSX™ Commercialization and Development Facility in Kingston, Ontario, Canada. The Bokan REE feedstock was shipped from SGS Canada Inc.'s facilities in Lakefield [...]

Ucore Rare Metals Inc. today announces that the Investment Agreement announced on October 10, 2019 between Ucore's wholly owned subsidiary, Innovation Metals Corp. , and Hexagon Energy Materials Ltd. has been terminated. The Investment Agreement provided Hexagon with a 12-month option to acquire 49% of American Innovation Metals LLC, a prospective joint-venture company that on exercise of the Option, would have had the [...]

Ucore Rare Metals Inc. is pleased to provide the following message from Pat Ryan, Chairman & Interim CEO of Ucore: To our Valued Shareholders, The world is changing - and at an unprecedented pace. For Ucore's long-term shareholders and new supporters alike, this acceleration of change has generated opportunities that continue to evolve in our favour. Many of these opportunities are linked to emerging supply chain chaos [...]