Ucore Increases Bokan Mineral Resource with Critical Co-Products
Halifax, Nova Scotia--(Newsfile Corp. - October 15, 2019) - Ucore Rare Metals Inc. (TSXV: UCU) (OTCQX: UURAF) ("Ucore" or "the Company") is pleased to announce an upgraded mineral resource ("Resource" or "Mineral Resource") estimate for the Bokan Dotson-Ridge Rare Earth Project in Southeast Alaska ("Bokan" or the "Bokan Project"). The upgrade to the Resource incorporates six additional critical co-product metals (as defined by the U.S. Federal Government)[1] not previously considered in...
2019-10-15 11:06 AM EDT
N.S. Appeal Court Decides In Ucore's Favour; IBC Must File Defence Within 10 Days
Halifax, Nova Scotia--(Newsfile Corp. - October 9, 2019) - Ucore Rare Metals Inc. (TSXV: UCU) (OTCQX: UURAF) ("Ucore", the "Company", or the "Respondent") is pleased to provide an update on the legal proceedings in Nova Scotia commenced on December 11, 2018, (the "Action") involving the prospective acquisition of IBC Advanced Technologies, Inc. ("IBC") and specifically, the enforceability of the Option to Purchase Agreement ("OTP") and defamatory public comments made by IBC and Steven R....
2019-10-09 11:50 AM EDT
Utah Court Dismisses IBC Complaint Against Ucore
Halifax, Nova Scotia--(Newsfile Corp. - September 24, 2019) - Ucore Rare Metals Inc. (TSXV: UCU) (OTCQX: UURAF) ("Ucore", the "Company", or the "Defendant") is pleased to provide an update on the lawsuit that was initiated on January 4, 2019, (the "Complaint") by IBC Advanced Technologies, Inc. and Steven R. Izatt (collectively the "Plaintiffs" or "IBC") against Ucore and certain executives of the Company (the "Individual Defendants"). During a hearing on May 23, 2019, when oral arguments...
2019-09-24 8:51 AM EDT
Ucore Updates on M3 Plan of Action: Co-Products & Permitting
Halifax, Nova Scotia--(Newsfile Corp. - September 23, 2019) - Ucore Rare Metals Inc. (TSXV: UCU) (OTCQX: UURAF) ("Ucore" or the "Company") is pleased to report on two very positive recent developments under the MINE Component of its M3 Plan of Action, regarding Shovel Ready initiatives for the Bokan-Dotson Ridge Rare Earth Project ("Bokan" or the "Project"): VALUATION OF CO-PRODUCTS The Company has now received initial results from the first phase of a scientific co-products metals report...
2019-09-23 9:01 AM EDT
Ucore Updates on IBC Acquisition Legal Proceedings
Halifax, Nova Scotia--(Newsfile Corp. - September 13, 2019) - Ucore Rare Metals Inc. (TSXV: UCU) (OTCQX: UURAF) ("Ucore" or the "Company") is pleased to provide an update on the legal proceedings (the "Proceedings") in Nova Scotia and Utah involving the prospective acquisition of IBC Advanced Technologies, Inc. ("IBC"). As communicated in the Ucore Press Release of September 4, 2019, all significant rulings in the Proceedings to date have been in Ucore's favour. The following is a status...
2019-09-13 11:27 AM EDT
Ucore Announces Rights Offering
Halifax, Nova Scotia--(Newsfile Corp. - September 10, 2019) - Ucore Rare Metals Inc. (TSXV: UCU) (OTCQX: UURAF) ("Ucore" or the "Company") is pleased to announce that it will be offering rights (the "Rights Offering") to holders of its common shares ("Common Shares") of record at the close of business on September 17, 2019 (the "Record Date"). Pursuant to the Rights Offering, each holder of Common Shares will receive one transferable right (a "Right") for each Common Share held. Each Right...
2019-09-10 11:30 AM EDT
Ucore Announces M(3) Plan of Action for Independent U.S. HREE Supply Chain
Halifax, Nova Scotia--(Newsfile Corp. - September 10, 2019) - Ucore Rare Metals Inc. (TSXV: UCU) (OTCQX: UURAF) ("Ucore" or the "Company") is pleased to expand upon, and provide additional detail with respect to the roll-out of the following mine to metal to market plan of strategic actions; further to the Company's press release of September 4, 2019. "Current international events suggest that the U.S. is now on the threshold of a significant disruption to the domestic REE supply chain," said...
2019-09-10 9:00 AM EDT
RETRANSMISSION: McKenzie Provides Strategic Update to Ucore Shareholders
Halifax, Nova Scotia--(Newsfile Corp. - September 10, 2019) - Ucore Rare Metals Inc. (TSXV: UCU) (OTCQX: UURAF) ("Ucore" or the "Company") is pleased to provide the following message from Jim McKenzie, President & CEO of Ucore. Dear Ucore Shareholders, The past ten months have been an exciting yet tumultuous time for Ucore. I'd like at this time to reflect on Ucore's past and to provide you with an update as to where the Company is today, where we are going, and why it is important. Since...
2019-09-10 7:00 AM EDT
McKenzie Provides Strategic Update to Ucore Shareholders
Halifax, Nova Scotia--(Newsfile Corp. - September 4, 2019) - Ucore Rare Metals Inc. (TSXV: UCU) (OTCQX: UURAF) ("Ucore" or the "Company") is pleased to provide the following message from Jim McKenzie, President & CEO of Ucore. Dear Ucore Shareholders, The past ten months have been an exciting yet tumultuous time for Ucore. I'd like at this time to reflect on Ucore's past and to provide you with an update as to where the Company is today, where we are going, and why it is important. Since...
2019-09-04 8:43 AM EDT
AK Governor Nominates Ucore's Bokan as a High Priority Infrastructure Project
Halifax, Nova Scotia--(Newsfile Corp. - August 29, 2019) - Ucore Rare Metals Inc. (TSXV: UCU) (OTCQX: UURAF) ("Ucore" or the "Company") is pleased to announce that on August 9, 2019, Alaska Governor Michael J. Dunleavy submitted a nomination letter to the White House Council of Environmental Quality ("CEQ") recommending that the Chairman of the CEQ designate the Bokan-Dotson Ridge Rare Earth Project ("Bokan") as a High Priority Infrastructure Project ("HPIP"). The HPIP program was instituted...
2019-08-29 7:49 AM EDT
Ucore Hosts Two U.S. Senators, Submits Proposition to US Department of Defense
Halifax, Nova Scotia--(Newsfile Corp. - August 22, 2019) - Ucore Rare Metals Inc. (TSXV: UCU) (OTCQX: UURAF) ("Ucore" or the "Company") is pleased to announce that the Company recently hosted Senators Lisa Murkowski (R-AK) and Dan Sullivan (R-AK) in separate visits to Ketchikan, Alaska, to discuss Ucore's promise as a secure domestic supply source for rare earth elements (REE) crucial to U.S. defense, manufacturing, and industrial base needs. "We're delighted to be working with two...
2019-08-22 8:57 AM EDT
Presidential Determinations on REE Production a Defining Event for Ucore
Halifax, Nova Scotia--(Newsfile Corp. - July 25, 2019) - - (July 25, 2019) - Ucore Rare Metals Inc. (TSXV: UCU) (OTCQX: UURAF) ("Ucore" or the "Company") commends the White House for its five (5), presidential determinations issued July 22, 2019, concluding that domestic rare earth processing capabilities are essential to national defense (the "Determinations"). The Defense Production Act of 1950, as amended, requires the president to make one or more Determinations in order to authorize the...
2019-07-25 8:38 AM EDT
NS Supreme Court Grants Ucore Request for Case Management
Halifax, Nova Scotia--(Newsfile Corp. - July 15, 2019) - Ucore Rare Metals Inc. (TSXV: UCU) (OTCQX: UURAF) ("Ucore" or the "Company") is pleased to provide an update on the legal proceedings (the "Proceedings") in Nova Scotia commenced on December 11, 2018, involving the prospective acquisition of IBC Advanced Technologies, Inc. ("IBC"). The Supreme Court of Nova Scotia (the "Court") has now granted a request by Ucore to have a Case Management Judge ("CMJ") assigned to the Proceedings. "The...
2019-07-15 1:30 PM EDT
Ucore Applauds U.S. DOC Report on Supply of Critical Minerals
Halifax, Nova Scotia--(Newsfile Corp. - June 13, 2019) - Ucore Rare Metals, Inc. (TSXV: UCU) (OTCQX: UURAF) ("Ucore" or the "Company") is pleased to comment on the U.S. Department of Commerce's report: A Federal Strategy to Ensure Secure and Reliable Supplies of Critical Minerals (the "Report"). Published June 4, 2019, the Report is a direct response to President Donald J. Trump's Executive Order 13817 (of the same title) issued on December 20, 2017. The comprehensive Report presents 6 Calls...
2019-06-13 12:21 PM EDT
Utah Court Dismisses IBC Complaint Against Ucore
Halifax, Nova Scotia--(Newsfile Corp. - May 29, 2019) - Ucore Rare Metals Inc. (TSXV: UCU) (OTCQX: UURAF) ("Ucore" or the "Company") is pleased to provide an update on the legal proceedings in Utah commenced by IBC Advanced Technologies, Inc. ("IBC") and Steven R. Izatt against Ucore and some of its executives. During a hearing on May 23, 2019, the Third District Court, Salt Lake Division, Salt Lake County, State of Utah (the "Court") granted a motion submitted by Ucore to dismiss the January...
2019-05-29 8:17 AM EDT
Ucore Updates on Acquisition of IBC Legal Process
Halifax, Nova Scotia--(Newsfile Corp. - April 29, 2019) - Ucore Rare Metals Inc. (TSXV: UCU) (OTCQX: UURAF) ("Ucore" or the "Company") is pleased to provide an update on the legal proceedings in Nova Scotia commenced on December 11, 2018 involving the prospective acquisition of IBC Advanced Technologies, Inc. ("IBC"). During a hearing on April 23, 2019, the Supreme Court of Nova Scotia (the "Court") dismissed a motion submitted by IBC and Steven R. Izatt asking the Court to dismiss or...
2019-04-29 8:54 AM EDT
Ucore Updates on Acquisition of IBC Legal Process
Halifax, Nova Scotia--(Newsfile Corp. - April 8, 2019) - Ucore Rare Metals Inc. (TSXV: UCU) (OTCQX: UURAF) ("Ucore" or the "Company") is pleased to provide an update on the legal proceedings in Nova Scotia commenced on December 11, 2018. On March 25, 2019, the Nova Scotia Supreme Court confirmed amendments to Ucore's pleadings. The amendments expressly seek injunctive relief against IBC Advanced Technologies, Inc. ("IBC"), as well as explicitly seeking redress for IBC's alleged breach of the...
2019-04-08 9:52 AM EDT
Ucore Closes $3.6 M Non-Dilutive Financing
Halifax, Nova Scotia--(Newsfile Corp. - April 2, 2019) - Ucore Rare Metals Inc. (TSXV: UCU) (OTCQX: UURAF) ("Ucore" or the "Company") is pleased to announce that the Company has entered into a secured loan agreement (the "Loan") with Orca Holdings, LLC ("Orca") in the amount of CAD $3.6 million (USD $2.7 million). The proceeds from the Loan will be used for general working capital purposes, and to dismiss any short term amounts owing to Orca over the next six months (the "Short Term...
2019-04-02 8:30 AM EDT
Ucore Granted Interim Injunction to Preserve the Right to Acquire IBC
Halifax, Nova Scotia--(Newsfile Corp. - February 28, 2019) - Ucore Rare Metals Inc. (TSXV: UCU) (OTCQX: UURAF) ("Ucore" or the "Company") announces that on Monday February 25, 2019 it filed a Request for Emergency Motion for Interim Injunction to the Supreme Court of Nova Scotia (the "Court") in response to IBC Advanced Technologies, Inc.'s ("IBC") February 19, 2019, Notice of Termination of the Option Agreement. The Court agreed to hear this request yesterday, February 27, 2019. The Company...
2019-02-28 8:42 AM EST
Ucore Updates and Reiterates Position on Acquisition of IBC
Halifax, Nova Scotia--(Newsfile Corp. - February 21, 2019) - Ucore Rare Metals Inc. (TSXV: UCU) (OTCQX: UURAF) ("Ucore" or the "Company") announces its acknowledgement of a press release issued by IBC Advanced Technologies, Inc. ("IBC") on February 20, 2019, at 9:00 AM EST. This press release purports to announce IBC's decision to terminate the letter agreement, dated March 14, 2015, between Ucore and IBC, entitled "Option to Purchase IBC", as amended and extended (the "Option Agreement")....
2019-02-21 2:20 PM EST