Ucore Rare Metals Inc. announces its acknowledgement of a press release issued by IBC Advanced Technologies, Inc. on February 20, 2019, at 9:00 AM EST. This press release purports to announce IBC's decision to terminate the letter agreement, dated March 14, 2015, between Ucore and IBC, entitled "Option to Purchase IBC", as amended and extended [...]
Ucore Rare Metals Inc. is pleased to announce that it has completed the shares for debt transaction originally announced on December 27, 2018 , after receiving the requisite approval of the TSX Venture Exchange to settle certain consulting fees payable to Orca Holdings, LLC. Pursuant to this settlement arrangement, the company has issued to Orca an [...]
Ucore Rare Metals Inc. is pleased to announce that it has negotiated that certain consulting fees payable to Orca Holdings, LLC shall be paid through the issuance of common shares in the capital of Ucore rather than a cash payment. Pursuant to this settlement arrangement, the Company has agreed to issue to Orca an aggregate of 2,702,702 Common [...]
Ucore Rare Metals Inc. is pleased to announce that it has retained the services of the law firm of Cox & Palmer as the Company's Canadian legal counsel to respond to certain erroneous public assertions made by IBC Advanced Technologies Inc. and Mr. Steve Izatt on November 26, 2018, regarding the Company's Option to Purchase IBC , and to commence [...]
Ucore Rare Metals Inc. is pleased to announce that it has closed its previously announced non-brokered private placement for total proceeds of $500,000, an increase from the initially expected $350,000 announced on November 30, 2018 . Subscribers to the Placement included Orca Holdings LLC and Concept Capital Management Ltd . A total of 3,333,333 [...]
Ucore Rare Metals Inc. is pleased to announce that it is conducting a non-brokered private placement of up to 2,333,333 units at $0.15 per unit, for total potential proceeds of $350,000 . Each unit consists of one common share and one half of one common share purchase warrant. Each whole warrant gives the holder the right to purchase one common [...]
Ucore Rare Metals Inc. is pleased to provide an update on the Company's recently announced intention to exercise its binding option to purchase IBC Advanced Technologies, Inc. of American Fork, Utah . Ucore has retained the services of the international law firm of Dorsey & Whitney LLP as the Company's U.S. legal counsel to facilitate the [...]
Ucore Rare Metals Inc. is pleased to report that it has initiated the consultation process with local government officials on the planned construction of the Alaska Strategic Metals Complex , to be located in Ketchikan Gateway Borough in Southeast Alaska. The commencement of consultations is yet another milestone in the overall process of [...]
Ucore Rare Metals, Inc. is pleased to announce its intention to exercise its Option to Purchase IBC Advanced Technologies Inc. in accordance with the terms previously agreed to by Ucore, IBC, and majority shareholders of IBC, and embodied in the Option to Purchase Agreement dated March 14, 2015, as amended on June 1, 2016 . Pursuant to the terms of [...]
Ucore Rare Metals Inc. is pleased to announce that it has entered financing discussions with the Alaska Industrial Development and Export Authority for Ucore's Strategic Metals Complex , as the initial phase of Ucore's overall Bokan-Dotson Ridge Rare Earth Mine Project . The commencement of discussions has been documented by a Letter of Support [...]
Ucore Rare Metals Inc. is pleased to announce that it has accepted an invitation to join the Critical Materials Institute . Established in 2013, CMI is an operating unit of Ames Laboratory, a US Department of Energy national laboratory located in Ames, Iowa. The mission of CMI is to develop solutions to domestic shortages of Rare Earth Elements and [...]
