Ucore Closes Private Placement Financing for $4.59 Million
Halifax, Nova Scotia--(Newsfile Corp. - December 23, 2022) - Ucore Rare Metals Inc. (TSXV: UCU) (OTCQX: UURAF) ("Ucore" or the "Company") is pleased to announce that further to its previous announcements, the Company has closed its non-brokered private placement (the "Private Placement") consisting of a total of 7,055,795 units (the "Units") at a subscription price of $0.65 per Unit, for aggregate gross proceeds to the Company of $ $4,586,266.75. Each Unit consisted of one common share of the...
2022-12-23 7:59 AM EST
Ucore Announces Increase in Private Placement Financing to $4.2 Million and Update
Halifax, Nova Scotia--(Newsfile Corp. - December 19, 2022) - On December 6, 2022, Ucore Rare Metals Inc. (TSXV: UCU) (OTCQX: UURAF) ("Ucore" or the "Company") announced its plans to complete a non-brokered private placement of approximately 3.1 million units ("Units") for total proceeds of $2 million (the "Offering"). The Company is pleased to announce that it has received subscription agreements for in excess of $4.2 million and that the Company intends to increase the size of the Offering...
2022-12-19 8:30 AM EST
Ucore Receives 2 tonnes of HREE Feedstock for Demo Plant Commissioning Trials
Halifax, Nova Scotia--(Newsfile Corp. - December 8, 2022) - Ucore Rare Metals Inc. (TSXV: UCU) (OT
2022-12-08 7:30 AM EST
Ucore Announces Increase in Private Placement Financing
Halifax, Nova Scotia--(Newsfile Corp. - December 7, 2022) - On December 6, 2022, Ucore Rare Metals Inc. (TSXV: UCU) (OTCQX: UURAF) ("Ucore" or the "Company") announced its plans to complete a non-brokered private placement of approximately 3.1 million units ("Units") for total proceeds of $2 million (the "Offering"). The Company is pleased to announce that it has received expressions of interest that are expected to result in subscriptions for Units from accredited investors in an amount in...
2022-12-07 2:41 PM EST
Ucore Announces Private Placement Financing
Halifax, Nova Scotia--(Newsfile Corp. - December 6, 2022) - Ucore Rare Metals Inc. (TSXV: UCU) (OTCQX: UURAF) ("Ucore" or the "Company") is pleased to announce plans to complete a non-brokered private placement of approximately 3.1 million units ("Units") for total proceeds of $2 million (the "Offering"). Proceeds from the Offering are expected to be used towards the commissioning of the Company's planned RapidSXTM demonstration plant; the processing of initial feedstock through the...
2022-12-06 8:29 AM EST
Ucore Finalizes Louisiana SMC Site Selection Process
Halifax, Nova Scotia--(Newsfile Corp. - November 22, 2022) - Ucore Rare Metals Inc. (TSXV: UCU) (OTCQX: UURAF) ("Ucore" or the "Company") is pleased to provide an upda
2022-11-22 7:30 AM EST
Ucore's Rare Earth Commercial Demo Plant On-Track for December 2022 Commissioning
Ucore's rare earth element commercial demonstration plant is designed to process:Tens of tonnes of mixed rare earth concentrates on a per annum basis. Multiple feedstock sources, including heavy and light rare earth element feedstocks planned for the full-scale Louisiana Strategic Metals Complex. All RapidSX™ splits required to produce individual praseodymium, neodymium, terbium, and dysprosium. Planned start of commissioning during the week of December 19, 2022, followed by feedstock...
2022-11-16 7:51 AM EST
RETRANSMISSION: The US State of Louisiana Offers C$15M+ Incentive Package for Ucore's First RapidSX Rare Earth Processing Facility - the Louisiana SMC
Halifax, Nova Scotia--(Newsfile Corp. - October 18,
2022-10-18 7:00 AM EDT
The US State of Louisiana Offers C$15M+ Incentive Package for Ucore's First RapidSX Rare Earth Processing Facility - the Louisiana SMC
Halifax, Nova Scotia--(Newsfile Corp. - October 17,
2022-10-17 4:19 PM EDT
Ucore Updates on Bokan 2022 Field Sampling Program
Ucore continues to advance its Bokan project as a long-range heavy rare earth source to eventually complement the planned Western feedstock sources for its near-term Strategic Metals Complexes. A summary of the 2022 field sampling program: Two new ≈25-ton bulk samples were collected from the western portion of the main Dotson Ridge mineralized zone A total of 31 new sites across the entire Dotson Ridge mineralized zone were channel sampled and consisted of 137 samples The geological team...
2022-10-06 7:30 AM EDT
Ucore's Rare Earth Separation Commercial Demonstration Plant On-Track for Q4-2022 Commissioning
Ucore's rare earth separation commercial demonstration plant is designed to process:Tens of tonnes of mixed rare earth concentrates on a per annum basis. Many feedstock sources, including heavy and light rare earth element feedstocks planned for the full-scale Strategic Metals Complexes (SMC). All RapidSX™ splits required to produce individual praseodymium, neodymium, terbium, and dysprosium. Planned commissioning in Q4-2022, followed by product qualification trials for prospective North...
2022-09-15 8:59 AM EDT
Ucore Grants Incentive Stock Options
Halifax, Nova Scotia--(Newsfile Corp. - August 10, 2022) - Ucore Rare Metals Inc. (TSXV: UCU) (OTCQX: UURAF) ("Ucore" or the "Company") advises that an aggregate of 2,325,000 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 $0.85 per share and the options expire five years from August 9, 2022, the date of grant. One third of the options...
2022-08-10 2:00 PM EDT
Ucore Secures Line of Credit Financing, Maintains Its Fast Track Plan for RapidSX Commercial Deployment
Halifax, Nova Scotia--(Newsfile Corp. - July 21, 2022) - Ucore Rare Metals Inc. (TSXV: UCU) (OTCQX: UURAF) ("Ucore" or the "Company") is pleased to announce the receipt of financing by way of a secured line of credit facility in the amount of up to USD$2 million (the "Line of Credit"). Proceeds from the Line of Credit will primarily be used to con
2022-07-21 8:51 AM EDT
Ucore Upscales its REE Demo Plant Capabilities and Streamlines the RapidSX Commercial Deployment Plan
Halifax, Nova Scotia--(Newsfile Corp. - July 12,
2022-07-12 7:33 AM EDT
Ucore Hosts 'Secure Supply Chains' Panel at PDAC 2022 - Rare Earths and other Critical Metals
Halifax, Nova Scotia--(Newsfile Corp. - June 13, 2022) - Ucore Rare Metals Inc. (TSXV: UCU) (OTCQX: UURAF) ("Ucore" or the "Company") is pleased to announce that
2022-06-13 8:22 AM EDT
Ucore Comments on Uranium and Recent External Interest in Ucore's Ross-Adams Uranium Mine Property
Halifax, Nova Scotia--(Newsfile Corp. - June 8, 2022) - Ucore Rare Metals Inc. (TSXV: UCU) (OTCQX: UURAF) ("Ucore" or the "Company") is pleased to comment on the recent increasing interest in uranium as an energy source and also current interest in Ucore's not-often-mentioned Ross-Adams mine property (the "Mine"), a former producing uranium mine located on the Ross-Adams portion of Ucore's Alaskan mineral property (the "Property"). The Property is located on Prince of Wales Island,...
2022-06-08 7:30 AM EDT
Ucore Mobilizes Geological Crew to Bokan Mountain as Prices for Heavy Rare Earth Oxides Continue to Rise
Ucore's subcontracted geological team, Aurora Geosciences Ltd., is mobilizing for deployment to the Bokan Mountain Complex during the week of May 9, 2022, for Ucore's Summer 2022 Resource Upgrade Program, a program intended to: upgrade the Bokan-Dotson Ridge Zone Mineral Resource estimate from the current ≈18% Indicated and ≈82% Inferred classifications to include a ≈17% to 20% Measured classification later in 2022 by: obtaining ≈50 additional channel samples along the ≈2 km exposed vein...
2022-05-10 7:30 AM EDT
Ucore Announces Successful Independent Expert Evaluation of RapidSX Rare Earth Separation Technology
Halifax, Nova Scotia--(Newsfile Corp. - April 27, 2022) - Ucore Rare Metals Inc. (TSXV: UCU) (OTCQX: UURAF) ("Ucore" or the "Company") is pleased to report the positive conclusions of a multi-phase, independent, third-party technical review of RapidSX™ technology (the "Independent Evaluation" or the "Evaluation") prepared by Dr. Ahmad Ghahreman of AG Hydrometallurgy Services Inc. ("AGHS") as a noted subject-matter-expert1. With a focus on the technical assuredness, benefits, and scalability...
2022-04-27 8:00 AM EDT
Ucore And thyssenkrupp Materials Trading Unterzeichnen Absichtserklärung Für Die Belieferung des SMC in Alaska Mit Rohmaterial
Wichtige Eckdaten Ucore errichtet derzeit im Südosten Alaskas den 'Alaska Strategic Metals Complex' (SMC) für die Verarbeitung von Seltenerdmetallen thyssenkrupp Materials Trading GmbH hat mit bestehenden und im Aufbau befindlichen Produzenten von Seltenerdkonzentraten, -karbonaten und -oxiden umfassende Spotlieferverträge und Abnahmevereinbarungen abgeschlossen Der Alaska SMC soll laut Plan ab dem Jahr 2024 jährlich bis zu 2.000 Tonnen einzelner Seltenerdoxide produzieren thyssenkrupp...
2022-04-20 10:18 AM EDT
RETRANSMISSION: Ucore And thyssenkrupp Materials Trading Execute Feedstock Supply MOU For The Alaska SMC
Highlights Ucore is developing the Alaska Strategic Metals Complex (SMC) for the processing of rare earth elements in Southeast Alaska thyssenkrupp Materials Trading GmbH has extensive spot supply and offtake arrangements with existing and developing producers of rare earth concentrate, carbonates, and oxides The Alaska SMC is planned to commence production of up to 2,000 tpa of individual rare earth oxides by 2024 thyssenkrupp Materials Trading is expected to begin the supply of a minimum of...
2022-04-20 9:49 AM EDT