Ucore Engages Investor Relations Firm

HALIFAX, NOVA SCOTIA--(Marketwired - Sep 18, 2013) - Ucore Rare Metals Inc. (TSX VENTURE:UCU) (OTCQX:UURAF) ("Ucore" or "the Company") is pleased to announce that it has retained the services of Star Finance GmbH ("Star"), an investor relations firm from Switzerland ("Star Finance") to assist with its investor relations activities.

In consideration of the services to be provided, the Company has agreed to pay Star EUR9,000 per quarter for an initial period of one year. In addition, the Company has agreed to grant to Star incentive stock options to purchase up to 300,000 shares of the company at $0.28 per share for 5 years.

Background

Ucore Rare Metals Inc. is a well-funded junior exploration company focused on establishing REE, uranium and other rare metal resources through exploration and property acquisition. With multiple projects across North America, Ucore's primary focus is the Bokan - Dotson Ridge REE property in Alaska. The Bokan - Dotson Ridge REE project is located 60 km southwest of Ketchikan, Alaska and 140 km northwest of Prince Rupert, British Columbia and has direct ocean access to the western seaboard and the Pacific Rim, a significant advantage in expediting mine production and limiting the capital costs associated with mine construction. The Bokan properties are located in an area reserved for sustainable resource development.

Star Finance GmbH is one of the founding members of Stockteam Germany - a network of Europe-based individual investor relations companies and communication specialists (www.stockteam-germany.com). Stockteam Germany is a one-stop-shop for European investor relations and corporate communication activities and is offering a large variety of state-of-the-art services to its clients, including lead generation, media coverage and dissemination (on- and offline), news release translation and dissemination, social media relations, online investor video conferences, institutional roadshows and (dual-) listing assistance for German stock exchanges. These activities are long-term focuses and bundled into tailor-made packages for each individual client.