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 1:05 AM EDT
Ucore Streamlines the Management and Technical Teams for the Commercial Deployment of RapidSX Technology
Halifax, Nova Scotia--(Newsfile Corp. - April 19, 2022) - Ucore Rare Metals Inc. (TSXV: UCU) (OTCQX: UURAF) (FSE: U9UA) ("Ucore" or the "Company") announces a restructuring of its wholly owned subsidiary, Innovation Metals Corp.'s ("IMC") board of directors, management team, and technical development and deployment team as the companies transition to the commercial deployment of the RapidSX™ technology platform. Ucore and IMC have spent the past 2-months coordinating efforts to more closely...
2022-04-19 6:40 PM EDT
Ucore Accepts Notices of Resignation From Members of IMC Management Team as Transition Plans Occur for the Upcoming Commercial Deployment of the RapidSX Technology
Halifax, Nova Scotia--(Newsfile Corp. - February 16, 2022) - Ucore Rare Metals Inc. (TSXV: UCU) (OTCQX: UURAF) ("Ucore" or the "Company") announces that it has accepted notices of resignations from members of the senior management team of Innovation Metals Corp. ("IMC"), including, IMC Co-founder, Chairman and Chief Executive Officer, Dr. Gareth Hatch; President and Executive Director, Tyler Dinwoodie; and Chief Operating Officer and Vice President, Metallurgy, Dr. Kurt Forrester. The...
2022-02-16 8:00 AM EST
Ucore Recaps its 2021 Rare Earth Supply Chain Groundwork Accomplishments and Outlines Direction for 2022
Halifax, Nova Scotia--(Newsfile Corp. - January 20, 2022) - Ucore Rare Metals Inc. (TSXV: UCU) (OTCQX: UURAF) ("Ucore" or the "Company") is pleased to provide the following overview of its 2021 North American rare earth element ("REE") supply chain groundwork activities, accomplishments and continuing planned direction for 2022. "Ucore has a very definitive vision and plan for an independent and comprehensive North American rare earth element supply chain," stated Pat Ryan, P.Eng., Ucore...
2022-01-20 11:24 AM EST
Ucore Provides Update on the Commercialization of IMC's RapidSX Rare-Earth-Elements Separation Technology
Halifax, Nova Scotia--(Newsfile Corp. - December 29, 2021) -
2021-12-29 7:30 AM EST
Ucore Extends Expiry Date of Long-Term Debt
Halifax, Nova Scotia--(Newsfile Corp. - December 2, 2021) - Ucore Rare Metals Inc. (TSXV: UCU) (OTCQX: UURAF) ("Ucore" or the "Company") is pleased to announce that it has renegotiated the terms of its long-term debt (the "Loan") owing to Orca Holdings, LLC ("Orca") and that Orca has agreed to extend the maturity date of the Loan for 24 months to November 30, 2023. In consideration of the Loan extension and subject to the approval of the TSX Venture Exchange, one million warrants ("Warrants")...
2021-12-02 8:04 AM EST
USFS Issues Authorization for Ucore's Bokan-Dotson Ridge Sampling Program
Halifax, Nova Scotia--(Newsfile Corp. - November 17, 2021) - Ucore Rare Metals Inc. (TSXV: UCU) (OTCQX: UURAF) ("Ucore" or the "Company") is pleased to announce that on November 10, 2021, the United States Department of Agriculture's Forest Service (the "USFS") issued a 1-year authorization for Ucore to commence with the
2021-11-17 7:00 AM EST
Ucore and Vital Metals Execute Feedstock Supply MOU for the Alaska SMC
Highlights Ucore is developing the Alaska SMC for the processing of rare earth elements in Southeast Alaska Vital Metals is producing rare earth concentrate from its Nechalacho rare earth project in NWT, Canada Vital Metals is constructing a Rare Earth Extraction Plant to produce a mixed rare earth chemical concentrate in Saskatoon, Saskatchewan from the Nechalacho deposit The Alaska SMC is planned to commence production of up to 2000 tonnes per annum (tpa) of individual rare earth oxides...
2021-10-19 9:07 AM EDT
Ucore and Alaska's Southeast Conference Execute MOA for the Funding of Strategic Metals Complex
Halifax, Nova Scotia--(Newsfile Corp. - October 7, 2021) - Ucore Rare Metals Inc. (TSXV: UCU) (OTCQX: UURAF) ("Ucore" or the "Company") and Alaska's Southeast Conference (collectively the "Parties") are pleased to announce the execution of a Memorandum Of Agreement ("MOA"), setting forth certain nonbinding understandings and binding agreements between Ucore and Southeast Conference for the evaluation and potential establishment of a Natural Resource Development Complex. The complex will...
2021-10-07 7:00 AM EDT
Ucore Grants Incentive Stock Options
Halifax, Nova Scotia--(Newsfile Corp. - September 2, 2021) - Ucore Rare Metals Inc. (TSXV: UCU) (OTCQX: UURAF) ("Ucore" or the "Company") advises that an aggregate of 480,000 options were granted to certain directors, officers, employees and consultants of the Company, subject to the approval of the TSX Venture Exchange. The options are exercisable at a price of C$1.30 per share and expire five years from September 1, 2021, the date of grant. One third of the options will vest after six...
2021-09-02 9:00 AM EDT
Ucore Joins National Mining Association; is Poised to Support the Biden Administration's Efforts to Strengthen the Domestic Supply Chain for 50% U.S. Vehicle Electrification by 2030
Halifax, Nova Scotia--(Newsfile Corp. - August 11, 2021) - Ucore Rare Metals Inc. (TSXV: UCU) (OTCQX: UURAF) ("Ucore" or the "Company") is pleased to announce that it has recently joined the National Mining Association ("NMA") as the Company prepares to construct the Alaska Strategic Metals Complex ("Alaska SMC") rare earth element ("REE") processing facility by the end of 2023 and seeks to accelerate the long-term development of the Bokan-Dotson Ridge Rare Earth Element Project ("Bokan" or...
2021-08-11 7:45 AM EDT
Ucore Updates on Innovation Metals Corp.'s Successful Completion of Initial Extraction-Rate Testing of the RapidSX Technology for Rare-Earth Elements Separation
Halifax, Nova Scotia--(Newsfile Corp. - June 30, 2021) - Ucore Rare Metals Inc. (TSXV: UCU) (OTCQX: UURAF) ("Ucore" or the "Company") is very pleased to announce that the Company's wholly owned subsidiary, Innovation Metals Corp. ("IMC" or the "company"), has successfully completed initial extraction-rate testing of its proprietary RapidSX™ separation technology and to provide an update on the company's RapidSX commercialization demonstration program and related timelines. Being a key...
2021-06-30 10:49 AM EDT
Ucore's ALASKA2023 Plan Bolstered by President Biden's 100-Day Review of the Critical Mineral Supply Chain
Halifax, Nova Scotia--(Newsfile Corp. - June 9, 2021) - Ucore Rare Metals Inc. (TSXV: UCU) (OTCQX: UURAF)i ("Ucore" or the "Company") is pleased with recent developments in Washington D.C. that are poised to strengthen United States supply chains and spur the domestic production capacity of rare earth elements ("REEs") and other critical materials. On Tuesday, June 8th, 2021, United States President Joe Biden released a review of US supply chain vulnerabilities pursuant to Executive Order...
2021-06-09 11:38 AM EDT
Ucore Announces Retention of Advisors for a Sustained Online Awareness Campaign
Halifax, Nova Scotia--(Newsfile Corp. - June 2, 2021) - Ucore Rare Metals Inc. (TSXV: UCU) (OTCQX: UURAF)[i] ("Ucore" or the "Company") is pleased to announce that it has entered into agreements with third parties to provide marketing, investor relations, and consulting services to the Company for the purposes of raising awareness about the Company and the significance of the Company's planned Strategic Metals Complex ("SMC") as the first step of the Alaska2023 Business Plan to establish a...
2021-06-02 8:03 AM EDT
Ucore Announces: Innovation Metals Corp. Establishes Technical Advisory Board of Renowned Rare-Earth and Critical-Metals Experts
Halifax, Nova Scotia--(Newsfile Corp. - May 18, 2021) - Ucore Rare Metals Inc. ("Ucore" or the "Company") (TSXV: UCU) (OTCQX: UURAF) is very pleased to announce that the Company's wholly owned subsidiary, Innovation Metals Corp. ("IMC" or the "company"), has established the IMC Technical Advisory Board. Comprised of internationally recognized industry experts and thought leaders, with significant scientific, technical, and market expertise relating to rare-earth elements ("REEs") and other...
2021-05-18 12:49 PM EDT
Ucore Chairman & CEO Provides Strategic Update to Shareholders: Taking Action Today to Secure Tomorrow
Provided $1.9 million of funding to IMC for the further advancement of the RapidSX™ technology for commercial deployment; including a $1-million tranche transferred on April 26, 2021 Allocated funding for an Independent Evaluation of RapidSX™ technology for the separation of REEs - scheduled for completion in Summer 2021 Allocated $750,000 to further ongoing specific business-development activities and initial Alaska SMC engineering to ensure that project timelines are achieved Finalizing a...
2021-05-12 9:42 AM EDT
Ucore Subsidiary, Innovation Metals Corp., Commences RapidSX Separation Testing with Rare-Earth Producer
Halifax, Nova Scotia--(Newsfile Corp. - May 4, 2021) - Ucore Rare Metals Inc. (TSXV: UCU) (OTCQX: UURAF) ("Ucore" or the "Company") is very pleased to announce that the Company's wholly owned subsidiary, Innovation Metals Corp. ("IMC"), has entered into a Technology Testing Agreement ("TTA") with a mining company (the "REE Producer"), located in a US-allied country whose principal product from its current mining operations is a mixed rare-earth element concentrate ("MREC"). The purpose of the...
2021-05-04 9:23 AM EDT
Ucore Announces Analyst Coverage Initiated by Stormcrow Capital Ltd.
Halifax, Nova Scotia--(Newsfile Corp. - March 9, 2021) - Ucore Rare Metals Inc. ("Ucore" or the "Company") (TSXV: UCU) (OTCQX: UURAF) is pleased to announce that Stormcrow Capital Ltd. ("Stormcrow Capital"), a Canadian-based securities dealer as well as research and technical consulting firm specializing in critical materials, has initiated equity analyst coverage on Ucore. The initiation research report on Ucore, dated March 8, 2021, was written and produced by Stormcrow Capital's President,...
2021-03-09 8:44 AM EST
IBC and Ucore Reach an Amicable Settlement Agreement
Utah and Halifax, Nova Scotia--(Newsfile Corp. - February 19, 2021) - Ucore Rare Metals Inc. (TSXV: UCU) (OTCQX: UURAF) and its named individual officers (collectively, "Ucore" or "Party") and IBC Advanced Technologies, Inc., its named individual officers, and all IBC shareholders that are party to the Option to Purchase Agreement (collectively, "IBC" or "Party")) announce that the Parties have reached a settlement agreement (the "Agreement") regarding all litigation activities between the...
2021-02-19 7:30 AM EST
Ucore Rare Metals Announces Closing of Non-Brokered Private Placement
Halifax, Nova Scotia--(Newsfile Corp. - February 9, 2021) - 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 an aggregate of 6,700,000 units (the "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...
2021-02-09 9:59 AM EST