Ucore Rare Metals Inc. is pleased to announce it has contracted with R&M Engineering-Ketchikan, Inc. of Ketchikan, Alaska to commence with the required due diligence regarding the purchase agreement of a comprehensive land package for the Company's forthcoming rare earth and strategic metals refinery and separation plant in Southeast Alaska, the [...]
Ucore Rare Metals Inc. is pleased to announce it has entered into an agreement to purchase a comprehensive land package for the development of the Company’s forthcoming rare earth and strategic metals refinery and separation plant in Southeast Alaska-based . The development site is located on the North Tongass Highway, Ketchikan, AK [...]
Ucore Rare Metals Inc. applauds Congress for including significant funding for further research and development of domestic rare earth resources in the Energy and Water, Legislative Branch, and Military Construction and Veterans Affairs Appropriations Act, 2019. The bill comprises $727 million for Fossil Energy Research and Development, which [...]
Ucore Rare Metals Inc. is pleased to comment on the John S. McCain National Defense Authorization Act for Fiscal Year 2019, which was yesterday signed into law by the President of the United States. The new legislation prohibits the U.S. Department of Defense from acquiring Rare Earth Magnets from China. “This is a turning-point in the [...]
HALIFAX, Nova Scotia, July 31, 2018 -- Ucore Rare Metals Inc. is pleased to announce that Michael O. Barry, the current Chairman of the Board of Alaska Power & Telephone Inc. and former Chairman of the Board of the Alaska Industrial Development & Export Authority has accepted an appointment to the Ucore Advisory Board. In addition to his tenures at [...]
HALIFAX, Nova Scotia, July 26, 2018 -- Ucore Rare Metals Inc. is pleased to comment on the filing of the Fiscal Year 2019 National Defense Authorization Act by the Committees on Armed Services of the Senate and the US House of Representatives. The bill is expected to be passed by both chambers of Congress over the next few days1.The legislation [...]
Ucore Rare Metals is pleased to comment on recent initiatives by the Trump Administration to bolster United States rare earth element supply-chains. The U.S. Trade Representative last week provided notice of an initial action under Section 301 of the Trade Act of 1974 to levy a 10% incremental tariff on all REE and associated alloys purchased by [...]
HALIFAX, Nova Scotia, July 03, 2018 -- Ucore Rare Metals Inc. is pleased to comment on recent activity in Washington, DC related to efforts to end dependence on Chinese-sourced critical rare earths and ensuring future domestic production. During the week of June 25th, 2018, senior Ucore representatives met with senior Trump Administration and [...]
HALIFAX, Nova Scotia, June 28, 2018 -- Ucore Rare Metals Inc. is pleased to announce that further to its news release dated June 20, 2018, the Company has now accepted additional proceeds in relation to the Company’s previously announced non-brokered private placement by issuing an additional 555,555 units at a subscription price of $0.18 per [...]
HALIFAX, Nova Scotia, June 20, 2018 -- Ucore Rare Metals Inc. announces that Orca Holdings, LLC , a company owned and controlled by Randy T. Johnson of Ketchikan, Alaska, has notified the Company of a prospective desire to increase Orca’s investment in the Company such that Orca would control in excess of 20% of the Company’s voting [...]
Nova Scotia, June 11, 2018 -- Ucore Rare Metals Inc. is pleased to announce that further to its news release dated May 23, 2018, the Company has successfully closed the first tranche of its non-brokered private placement by issuing 6,344,074 units at a subscription price of $0.18 per Unit for gross proceeds of approximately $1,142,000. Each Unit [...]
HALIFAX, Nova Scotia, May 23, 2018 -- Ucore Rare Metals Inc. is pleased to announce that it is conducting a non-brokered private placement of up to 8,000,000 units at $0.18 per unit, for total potential proceeds of $1,440,000 . Each unit consists of one common share and one common share purchase warrant. Each warrant gives the holder the right to [...]
