Ucore Rare Metals Inc. and its named individual officers and IBC Advanced Technologies, Inc., its named individual officers, and all IBC shareholders that are party to the Option to Purchase Agreement ) announce that the Parties have reached a settlement agreement regarding all litigation activities between the Parties and any other associated [...]
This press release is issued pursuant to Multilateral Instrument 62-104 - Take-Over Bids and Issuer Bids and National Instrument 62-103 - The Early Warning System and Related Take-Over Bid and Insider Reporting Issues. On February 8, 2021, Ucore Rare Metals Inc. closed a non-brokered private placement that Ucore had announced via a press release on [...]
Ucore Rare Metals Inc. is pleased to announce that further to its previous announcements, the Company has closed its non-brokered private placement consisting of an aggregate of 6,700,000 units at a subscription price of C$1.00 per Unit, for aggregate gross proceeds to the Company of C$6.7 million. Each Unit consists of one common share of the [...]
Ucore Rare Metals Inc. is pleased to announce that, further to its announcement dated January 28, 2021, the Company's non-brokered private placement has been oversubscribed and the Company is no longer accepting subscription agreements. The target closing date for the transaction is Monday, February 8, 2021. # # # About Ucore Rare Metals Inc. Ucore [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
