Ucore Rare Metals Inc. today announces that the Investment Agreement announced on October 10, 2019 between Ucore's wholly owned subsidiary, Innovation Metals Corp. , and Hexagon Energy Materials Ltd. has been terminated. The Investment Agreement provided Hexagon with a 12-month option to acquire 49% of American Innovation Metals LLC, a prospective [...]
Ucore Rare Metals Inc. is pleased to provide the following message from Pat Ryan, Chairman & Interim CEO of Ucore: To our Valued Shareholders, The world is changing - and at an unprecedented pace. For Ucore's long-term shareholders and new supporters alike, this acceleration of change has generated opportunities that continue to evolve in our [...]
Ucore Rare Metals Inc. and its wholly owned subsidiary, Innovation Metals Corp. , applaud the new Executive Order from the United States Federal Government directing the enhancement of North American supply chains for critical minerals. The September 30, 2020 U.S. Presidential Executive Order, entitled, 'Executive Order on Addressing the Threat to [...]
Ucore Rare Metals Inc. is pleased to provide the following update on the Company's wholly owned subsidiary, Innovation Metals Corp. and the commercialization development program for IMC's RapidSX™ technology, at the RapidSX Commercialization and Development Facility in Kingston, Ontario, Canada. IMC's proprietary RapidSX technology is being [...]
Ucore Rare Metals provides an update on the complaint it filed on December 11, 2018, against IBC Advanced Technologies, Inc. and Steven R. Izatt in the Supreme Court of Nova Scotia. Background On Dec. 18, 2019, the NSSC issued an interlocutory injunction order preserving an agreement between the parties dated March 14, 2015, pending further order [...]
Ucore Rare Metals is pleased to announce that the United States Forest Service has reached an agreement with Newmont USA Limited and Dawn Mining Company to finance the environmental renewal of the former Ross Adams uranium mine site at Bokan Mountain. The on-site environmental reclamation project will be highly useful in setting a clean slate for [...]
Ucore Rare Metals is pleased to provide an update on the lawsuit that was initiated on February 19, 2019, by IBC Advanced Technologies, Inc. and Steven R. Izatt against Ucore and certain executives of the Company. Under the Second Utah Complaint, on March 6, 2020, IBC filed a Motion for Partial Summary Judgment seeking an outright judgment by the [...]
Ucore Rare Metals Inc. is pleased to announce that further to the Company's June 18, 2020 announcement titled 'Strategic Update About Ucore, Innovation Metals and the RapidSX™ Technology', Ucore's wholly owned subsidiary, Innovation Metals Corp. , has executed a binding agreement with Kingston Process Metallurgy Inc. to serve as IMC's long-term [...]
Ucore Rare Metals is pleased to provide the following corporate update regarding the Company, its wholly owned subsidiary, Innovation Metals Corp. and its proprietary RapidSX™ technology for the separation and purification of rare-earth elements and critical metals - including both heavy REE and light REEs, lithium, nickel, and cobalt. Ucore, IMC [...]
Ucore Rare Metals is pleased to provide the following information with respect to senior management appointments, in addition to the implementation of its MINE to METAL to MARKET plan of strategic actions. Management Team Appointments With the recent integration of the Company's acquisition of Innovation Metals Corp. and its proprietary RapidSX [...]
Ucore Rare Metals Inc. is pleased to announce that Jim McKenzie has transitioned from his role as President, CEO, and a Director of Ucore to a Strategic Advisor position to Ucore's Chairman, Pat Ryan. While Mr. McKenzie will pursue other business commitments and interests, he plans to remain with Ucore for the long term as a key strategist to Mr [...]
Ucore Rare Metals Inc. is pleased to announce that further to its previous announcements, the Company has closed the second and final tranche of its non-brokered private placement of unsecured convertible debentures . Pursuant to the Second Tranche, Ucore issued 1,520 Convertible Debentures at a price of $1,000 per debenture for aggregate gross [...]
