Ucore Comments on China's Immediate Restrictions on Rare Earth Exports
Halifax, Nova Scotia--(Newsfile Corp. - April 4, 2025) - Ucore Rare Metals Inc. (TSXV: UCU) (OTCQX: UURAF) ("Ucore" or the "Company"), acknowledges the recent joint announcement by China's Ministry of Commerce and the General Administration of Customs regarding export restrictions on critical rare earth elements effective April 4, 2025. As reported by multiple news sources, the export restrictions, applicable to all countries, include seven key medium and heavy rare earth elements, including samarium, gadolinium, terbium, dysprosium, lutetium, scandium...
2025-04-04 9:35 AM EDT
Ucore Applauds White House Executive Action to Strengthen Critical Mineral Production
Halifax, Nova Scotia--(Newsfile Corp. - March 21, 2025) - Ucore Rare Metals Inc. (TSXV: UCU) (OTCQX: UURAF) ("Ucore" or the "Company"), is pleased to comment on the latest executive order issued by President Trump, invoking wartime powers under the Defense Production Act to address threats to the country's national and economic security by reliance upon "hostile foreign powers' mineral production" (the "Executive Order").The Executive Order outlines a number of initiatives to "facilitate domestic mineral production to the maximum extent possible"...
2025-03-21 7:44 AM EDT
Ucore Closes Private Placement Financing
Halifax, Nova Scotia--(Newsfile Corp. - February 28, 2025) - Ucore Rare Metals Inc. (TSXV: UCU) (OTCQX: UURAF) ("Ucore" or the "Company") is pleased to announce that it has closed a non-brokered private placement of 1,955,800 units (the "Units") at a price of CAD$0.60 per Unit (the "Offering"). Each Unit consists of one common share in the capital of the Company (a "Common Share") and one Common Share purchase warrant (each whole warrant, a "Warrant"). Each Warrant entitles the...
2025-02-28 6:12 PM EST
Ucore Accepts $2M Investment from Hondo Private Equity LLC
Halifax, Nova Scotia--(Newsfile Corp. - January 31, 2025) - Ucore Rare Metals Inc. (TSXV: UCU) (OTCQX: UURAF) ("Ucore" or the "Company") is pleased to announce that has closed a non-brokered private placement offering with Hondo Private Equity LLC ("Hondo"). The placement consists of 3,600,000 units (the "Units") at a price of CAD$0.60 per Unit for gross proceeds of CAD$2,160,000 (the "Offering"). Hondo Private Equity is controlled by Shawn Matthews, Founder, CEO and Chief Investment Officer of Hondius...
2025-01-31 4:49 PM EST
Ucore Awarded Funding by Ontario Critical Minerals Innovation Fund
Halifax, Nova Scotia--(Newsfile Corp. - January 21, 2025) - Ucore Rare Metals Inc. (TSXV: UCU) (OTCQX: UURAF) ("Ucore" or the "Company"), is pleased to announce that the Company has been awarded $500,000 in partnership with Ontario's Critical Minerals Innovation Fund (the "Fund"). The non-dilutive funding contribution is for the advancement of the Continuous Improvement Process at the Company's RapidSXTM Commercial Demonstration Facility in Kingston, Ontario. "Investing in critical mineral advancements, like Ucore Rare Metals Inc.'s innovative RapidSX™...
2025-01-21 7:13 AM EST
Ucore Rare Metals: US DoD Approves US$1.8 Million Payment
Halifax, Nova Scotia--(Newsfile Corp. - December 13, 2024) - Ucore Rare Metals Inc. (TSXV: UCU) (OTCQX: UURAF) ("Ucore" or the "Company") is pleased to advise that the US Department of Defense (the "DoD") has approved modifications to the Company's existing Other Transaction Agreement (the "OT Agreement" or "Award") and the corresponding payment of US$1.8 million for the completion of milestones under the Award. The Award was made through the Company's wholly owned subsidiary, Innovation Metals Corp., to conduct...
2024-12-13 7:50 AM EST
Ucore Secures Strategic Advantage with Louisiana Foreign Trade Zone Amid Proposed U.S. Trade Policies
Ucore's proposed Louisiana rare earth refining facility is located within the England Airpark & Community, a Foreign Trade Zone.Foreign Trade Zones have the potential to mitigate the impact of proposed tariffs on the import and export of rare earth products.Halifax, Nova Scotia--(Newsfile Corp. - December 4, 2024) - Ucore Rare Metals Inc. (TSXV: UCU) (OTCQX: UURAF) ("Ucore" or the "Company"), noting the recent news about potentially increased tariffs, comments on the value of its new Strategic Metals Complex (SMC) in...
2024-12-04 8:01 AM EST
Ucore Provides Corporate Update
Halifax, Nova Scotia--(Newsfile Corp. - December 3, 2024) - Ucore Rare Metals Inc. (TSXV: UCU) (OTCQX: UURAF) ("Ucore" or the "Company") announces that the Company intends to extend the term of a total of 7,055,795 common share purchase warrants (the "Warrants"). The Warrants were originally issued pursuant to a non-brokered private placement of the Company, which closed on December 22, 2022. Each Warrant is exercisable at a strike price of $0.85, with an original 24-month term. The...
2024-12-03 4:48 PM EST
Ucore Closes Private Placement Financing
Halifax, Nova Scotia--(Newsfile Corp. - November 14, 2024) - Ucore Rare Metals Inc. (TSXV: UCU) (OTCQX: UURAF) ("Ucore" or the "Company") is pleased to announce that has closed its previously announced non-brokered private placement offering of 4,803,329 units (the "Units") at a price of $0.50 per Unit for gross proceeds of $2,401,665 (the "Offering"). Each Unit consists of one common share in the capital of the Company (a "Common Share") and one-half of one Common Share purchase warrant...
2024-11-14 4:05 PM EST
Ucore Announces Private Placement Financing
Halifax, Nova Scotia--(Newsfile Corp. - November 12, 2024) - Ucore Rare Metals Inc. (TSXV: UCU) (OTCQX: UURAF) ("Ucore" or the "Company") is pleased to announce that it is proposing to complete, and has accepted subscription agreements for, a non-brokered private placement offering of 4,803,329 units (the "Units") at a price of $0.50 per Unit for gross proceeds of $2,401,665 (the "Offering"). Each Unit will consist of one common share in the capital of the Company (a "Common Share") and...
2024-11-12 3:31 PM EST
Ucore Continues to Advance its US DoD Demonstration Project towards Louisiana REE Commercialization
Halifax, Nova Scotia--(Newsfile Corp. - October 24, 2024) - Ucore Rare Metals Inc. (TSXV: UCU) (OTCQX: UURAF) ("Ucore" or the "Company") is pleased to update on its US$4 million Other Transaction Agreement
2024-10-24 11:19 AM EDT
Ucore Demonstrates Louisiana-SMC Heavy Rare Earth Processing Flowsheet at Kingston Ontario Commercialization Facility
Halifax, Nova Scotia--(Newsfile Corp. - September 12, 2024) - Ucore Rare Metals Inc. (TSXV: UCU) (OTCQX: UURAF) ("Ucore" or the "Company") is pleased to provide an update on its latest advancements associated with the commercialization of its RapidSX™ rare earth separation technology. In addition to demonstrating its patent-pending RapidSX™ technology platform at the Commercialization and Demonstration Facility ("CDF") in Kingston, Ontario, for the separation of heavy and light rare earth elements ("REE"), the Company is trialing a number of ancillary...
2024-09-12 10:21 AM EDT
ABx Group and Ucore Rare Metals Sign MoU for Australia-USA Rare Earths Supply Chain
Key Objectives:Work to establish a binding offtake agreement for the supply of mixed rare earth carbonates from Australia to the USA through enhanced collaborationEstablish an investment pathway for Ucore into ABxBolster relationships between the United States and Australia as both countries strive to enhance critical minerals and clean energy projectsSouth Melbourne, Victoria and Halifax, Nova Scotia--(Newsfile Corp. - September 4, 2024) - ABx Group (ASX: ABX) ("ABx") and Ucore Rare Metals Inc. (TSXV: UC
2024-09-04 12:05 AM EDT
Ucore Grants Incentive Stock Options and Provides Corporate Updates
Halifax, Nova Scotia--(Newsfile Corp. - September 2, 2024) - Ucore Rare Metals Inc. (TSXV: UCU) (OTCQX: UURAF) ("Ucore" or the "Company") advises that an aggregate of 965,000 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 $0.70 per share and the options expire five years from September 2, 2024, the date of grant. One...
2024-09-02 3:43 PM EDT
Ucore Rare Metals and Meteoric Resources Sign MOU for Offtake of Caldeira Project MREC in Brazil to USA Oxide Production Project
Halifax, Nova Scotia and Perth, Australia--(Newsfile Corp. - August 20, 2024) - Meteoric Resources NL (ASX: MEI) ("Meteoric") and Ucore Rare Metals Inc. (TSXV: UCU) (OTCQX: UURAF) ("Ucore") announce the August 2024 execution of a memorandum of understanding ("MOU") for the supply of 3,000 metric tonnes ("MT") of total rare earth oxide ("TREO") from Meteoric's forthcoming Caldeira Rare Earth Ionic Clay Project ("Caldeira") in the Minas Gerais State of Brazil to Ucore's developing Alexandria, Louisiana, USA, rar
2024-08-20 11:01 PM EDT
Ucore Announces Memorandum of Understanding and Project Collaboration with Cyclic Materials
Ucore Rare Metals Inc. announces:The execution of a memorandum of understanding ("MOU") with Cyclic Materials for the future supply of recycled mixed rare earth oxide ("rMREO"):trial quantities to support its rare earth demonstration program at its RapidSX™ Commercialization and Demonstration Facility in Kingston, Ontarioas an intended long-term source for Ucore's developing commercial rare earth element separation and oxide production plants across the United States and CanadaHalifax, Nova Scotia--(Newsfile Corp. - July 25, 2024) - Ucore Rare Metals Inc.
2024-07-25 7:02 AM EDT
Ucore's Louisiana Rare Earth Refinery is Strategically Aligned with the United States' Objectives on Western Supply Chain Resilience
Halifax, Nova Scotia--(Newsfile Corp. - May 15, 2024) - Ucore Rare Metals Inc. (TSXV: UCU) (OTCQX: UURAF) ("Ucore" or the "Company") is pleased to comment on the US Government's announcement to strengthen the developing American electric vehicle ("EV") market through increased tariffs on imports from the People's Republic of China ("PRC") to protect American workers and businesses. On May 14, 2024, the White House announced:"With extensive subsidies and non-market practices leading to substantial risks of overcapacity, China's exports of EVs...
2024-05-15 9:48 AM EDT
Ucore Qualifies Wicheeda Mixed Rare Earth Carbonate for RapidSX Technology Processing at Commercial-Scale Facilities
Ucore Rare Metals Inc. announces:the completion of initial testing of a rare earth carbonate sample generated from Defense Metals' Wicheeda Project in British Columbia; and determination of the suitability of the Wicheeda Project's mixed rare earth carbonate (MREC) product for commercial-scale processing with Ucore's RapidSX™ technology.Halifax, Nova Scotia--(Newsfile Corp. - April 29, 2024) - Ucore Rare Metals Inc. (TSXV: UCU) (OTCQX: UURAF) ("Ucore" or the "Company") is pleased to announce continued progress toward collaborative opportunities with Def
2024-04-29 9:15 AM EDT
Ucore Progresses Through Heavy Rare Earth Processing as It Completes Second Milestone of Strategic US DoD Contract
Ucore Announces:Successfully separating holmium through lutetium from lanthanum through dysprosium on a scale of 1000s of liters and above the targeted purity of 99% with its RapidSX™ technology Demo PlantCompletion of second DOD Project MilestoneHalifax, Nova Scotia--(Newsfile Corp. - March 4, 2024) - Ucore Rare Metals Inc. (TSXV: UCU) (OTCQX: UURAF) ("Ucore" or the "Company") is pleased to report that it has completed the second milestone outlined in its US$4 million Other Transaction Agreement (the "OTA") with the US Department...
2024-03-04 9:02 AM EST
Ucore Rare Metals to Present at the 2024 PDAC Conference
Halifax, Nova Scotia--(Newsfile Corp. - February 29, 2024) - Ucore Rare Metals Inc. (TSXV: UCU) (OTCQX: UURAF) ("Ucore" or the "Company") is pleased to announce that it will be attending the 2024 Prospectors & Developers Association of Canada Conference in Toronto, Ontario from March 3-6, 2024. Ucore representatives will be available at the PDAC Investors Exchange, Booth #2110 from Sunday, March 3 to Wednesday, March 6 and welcome the opportunity to update investors and other stakeholders on recent...
2024-02-29 11:20 AM EST