Ucore Rare Metals Inc.

Ucore Rare Metals Inc. , 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 [...]

Ucore Rare Metals Inc. , 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 outlines a number of initiatives to "facilitate domestic mineral production to the maximum extent possible" and [...]

Ucore Rare Metals Inc. is pleased to announce that it has closed a non-brokered private placement of 1,955,800 units at a price of CAD$0.60 per Unit . Each Unit consists of one common share in the capital of the Company and one Common Share purchase warrant . Each Warrant entitles the holder thereof to purchase one Common Share for a period of 36 months following the date of closing of the Offering at an exercise price of [...]

Ucore Rare Metals Inc. is pleased to announce that has closed a non-brokered private placement offering with Hondo Private Equity LLC . The placement consists of 3,600,000 units at a price of CAD$0.60 per Unit for gross proceeds of CAD$2,160,000 . Hondo Private Equity is controlled by Shawn Matthews, Founder, CEO and Chief Investment Officer of Hondius Capital Management, LP . Hondius is an alternative investment manager [...]

Ucore Rare Metals Inc. , is pleased to announce that the Company has been awarded $500,000 in partnership with Ontario's Critical Minerals Innovation 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 [...]

Ucore Rare Metals Inc. is pleased to advise that the US Department of Defense has approved modifications to the Company's existing Other Transaction Agreement 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 rare earth element separation work at the Company's RapidSXTM [...]

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. Ucore Rare Metals Inc. , noting the recent news about potentially increased tariffs, comments on the value of its new Strategic Metals Complex in the favorable [...]

Ucore Rare Metals Inc. announces that the Company intends to extend the term of a total of 7,055,795 common share purchase 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 Company intends to extend the expiry date for these Warrants by 12 [...]

Ucore Rare Metals Inc. is pleased to announce that has closed its previously announced non-brokered private placement offering of 4,803,329 units at a price of $0.50 per Unit for gross proceeds of $2,401,665 . Each Unit consists of one common share in the capital of the Company and one-half of one Common Share purchase warrant . Each Warrant entitles the holder thereof to purchase one Common Share for a period of 24 [...]

Ucore Rare Metals Inc. 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 at a price of $0.50 per Unit for gross proceeds of $2,401,665 . Each Unit will consist of one common share in the capital of the Company and one-half of one Common Share purchase warrant . Each Warrant will entitle the holder thereof to [...]