Ucore Rare Metals Inc
Company Overview
Mining company
Latest News
Ucore Announces Automatic Conversion of Debentures
Ucore's $1.1M convertible debentures automatically converted into equity after shares traded above $2.20 for 20 days, issuing 1,222,219 units, with no remaining debentures.
Ucore Executes Supply Agreement with Critical Metals Corp.
Ucore and Critical Metals plan a 10-year offtake agreement for rare earths from Greenland's Tanbreez project to support Ucore's U.S. and Canadian facilities, reducing reliance on China.
Ucore Announces Books Closed on C$15.5 Million LIFE Offering and Full Exercise of Agents' Option
Ucore's private placement closed at C$15.5 million, oversubscribed, with strong investor demand, expected to close by June 19, 2025, subject to approvals.
Ucore Closes Books on Over-Subscribed Brokered LIFE Offering
Ucore's oversubscribed private placement closed, raising funds for rare-earth projects, agreements, testing, engineering, and working capital, with an option for additional units.
Ucore Announces Brokered LIFE Offering of Units for up to $10 Million
Ucore plans a private placement of up to $11.5M with Red Cloud Securities, offering units with shares and warrants, in Canada and the U.S., under prospectus exemptions.
Ucore Executes US$18.4M Award with U.S. DoD for Rare Earth Processing
Ucore secures $18.4M DoD funding for its first commercial RapidSX™ machine at Louisiana SMC, supporting design, construction, and production of rare-earth elements by 2026.
Ucore Corporate Update
<img height="2" id="306" src="https://api.newsfilecorp.com/newsinfo/248449/306" style="width: 1px; height: 1px; border: 0px solid;" width="2" /><p>Halifax, Nova Scotia--(Newsfile Corp. - April 14, 2025) - <a href="https://api.newsfilecorp.com/redirect/v1xKbsjpYP"><b>Ucore Rare Metals Inc.</b></a><b>  (TSXV: UCU) (OTCQX: UURAF) …
Ucore Comments on China's Immediate Restrictions on Rare Earth Exports
Ucore Rare Metals Inc. acknowledges China's export restrictions on key rare earth elements, emphasizing the need for a secure North American supply chain. The company is advancing its RapidSX™ technology, …
Ucore Applauds White House Executive Action to Strengthen Critical Mineral Production
Ucore Rare Metals Inc. comments on President Trump's executive order invoking wartime powers to boost domestic mineral production, particularly rare earth elements. The order aims to enhance national security and …
Ucore Closes Private Placement Financing
Ucore Rare Metals Inc. closed a private placement of 1,955,800 units at CAD$0.60 each, raising CAD$1,173,480 for corporate purposes. Each unit includes a common share and a warrant. The offering …
Ucore Accepts $2M Investment from Hondo Private Equity LLC
Ucore Rare Metals Inc. has closed a non-brokered private placement with Hondo Private Equity, raising CAD$2.16 million by issuing 3.6 million units at CAD$0.60 each. Proceeds will support general corporate …
Ucore Awarded Funding by Ontario Critical Minerals Innovation Fund
Ucore Rare Metals Inc. has secured $500,000 from Ontario's Critical Minerals Innovation Fund to enhance its RapidSX™ technology at its Kingston facility. This funding aims to strengthen the North American …
Ucore Rare Metals: US DoD Approves US$1.8 Million Payment
Ucore Rare Metals Inc. announced the US Department of Defense approved modifications to its OT Agreement, granting US$1.8 million for rare earth element separation work. This funding supports the establishment …
Ucore Secures Strategic Advantage with Louisiana Foreign Trade Zone Amid Proposed U.S. Trade Policies
Ucore Rare Metals plans to establish a rare earth refining facility in Louisiana's England Airpark Foreign Trade Zone, aiming to mitigate tariff impacts and support U.S. supply chains for critical …
Ucore Provides Corporate Update
Ucore Rare Metals Inc. plans to extend the term of 7,055,795 common share purchase warrants by 12 months to December 22, 2025, subject to TSX Venture Exchange approval. This is …
Ucore Closes Private Placement Financing
Ucore Rare Metals Inc., has successfully closed its non-brokered private placement offering of 4,803,329 units at $0.50 per unit, resulting in gross proceeds of $2,401,665. Each unit consists of one …
Ucore Announces Private Placement Financing
Ucore Rare Metals Inc. has proposed a non-brokered private placement offering of 4,803,329 units at $0.50 per unit, aiming to raise approximately $2.4 million. Each unit includes one common share …
Ucore Continues to Advance its US DoD Demonstration Project towards Louisiana REE Commercialization
Ucore Rare Metals Inc. is making significant progress on its US$4 million project with the US Department of Defense. The project involves the separation of mixed heavy and light rare …
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Bokan Mountain Rare Earth Element Project
A rare earth element project in Alaska with technical reports and resource estimates, aiming for economic viability for REE and co-product metals.
Executive Team
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