Ucore Rare Metals Inc. is pleased to announce that has closed its previously announced non-brokered private placement offering of 4,803,329 units at a price of $0.50 per Unit for gross proceeds of $2,401,665 . Each Unit consists of one common share in the capital of the Company and one-half of one Common Share purchase warrant . Each Warrant [...]
Ucore Rare Metals Inc. is pleased to announce that it is proposing to complete, and has accepted subscription agreements for, a non-brokered private placement offering of 4,803,329 units at a price of $0.50 per Unit for gross proceeds of $2,401,665 . Each Unit will consist of one common share in the capital of the Company and one-half of one Common [...]
Ucore Rare Metals Inc. is pleased to update on its US$4 million Other Transaction Agreement with the US Department of Defense . The work is taking place at the Company's Commercialization and Demonstration Facility in Kingston, Ontario, utilizing its 52-Stage RapidSX™ Demonstration Plant for the separation of mixed heavy and light rare earth [...]
Ucore Rare Metals Inc. is pleased to provide an update on its latest advancements associated with the commercialization of its RapidSX™ rare earth separation technology. In addition to demonstrating its patent-pending RapidSX™ technology platform at the Commercialization and Demonstration Facility in Kingston, Ontario, for the [...]
Key Objectives: Work to establish a binding offtake agreement for the supply of mixed rare earth carbonates from Australia to the USA through enhanced collaboration Establish an investment pathway for Ucore into ABx Bolster relationships between the United States and Australia as both countries strive to enhance critical minerals and clean energy [...]
Ucore Rare Metals Inc. advises that an aggregate of 965,000 options have been granted to directors, officers, employees and consultants of the Company, subject to the approval of the TSX Venture Exchange. The options are exercisable into common shares at a price of $0.70 per share and the options expire five years from September 2, 2024, the date [...]
Meteoric Resources NL and Ucore Rare Metals Inc. announce the August 2024 execution of a memorandum of understanding for the supply of 3,000 metric tonnes of total rare earth oxide from Meteoric's forthcoming Caldeira Rare Earth Ionic Clay Project in the Minas Gerais State of Brazil to Ucore's developing Alexandria, Louisiana, USA, rare earth oxide [...]
Ucore Rare Metals Inc. announces: The execution of a memorandum of understanding with Cyclic Materials for the future supply of recycled mixed rare earth oxide : trial quantities to support its rare earth demonstration program at its RapidSX™ Commercialization and Demonstration Facility in Kingston, Ontario as an intended long-term source for [...]
Ucore Rare Metals Inc. is pleased to announce amendments to, and the extension of, certain debt agreements with Orca Holdings, LLC . Immediately following specified amendments and extensions to debt arrangements between the parties, which are described in Ucore's press release dated December 22, 2023, the Company was party to two short-term secured [...]
Ucore Rare Metals Inc. is pleased to comment on the US Government's announcement to strengthen the developing American electric vehicle market through increased tariffs on imports from the People's Republic of China to protect American workers and businesses. On May 14, 2024, the White House announced: "With extensive subsidies and non-market [...]
Ucore Rare Metals Inc. announces: the completion of initial testing of a rare earth carbonate sample generated from Defense Metals' Wicheeda Project in British Columbia; and determination of the suitability of the Wicheeda Project's mixed rare earth carbonate product for commercial-scale processing with Ucore's RapidSX™ technology. [...]
Ucore Rare Metals Inc. is pleased to announce amendments to certain previously-issued convertible debentures with a current maturity of May 31, 2024 , and further amendments to certain debt agreements with Orca Holdings, LLC . The 2020 Convertible Debentures were originally sold and issued by the Company in May 2020. These unsecured 2020 [...]
