Ucore Rare Metals Inc.

Halifax, Nova Scotia--(Newsfile Corp. - May 10, 2023) - Ucore Rare Metals Inc. (TSXV: UCU) (OTCQX: UURAF) ("Ucore" or the "Company") is pleased to announce that it intends to extend the term of certain outstanding convertible debentures which currently have a maturity date of May 31, 2023 (the "Convertible Debentures").The Convertible Debentures were originally issued in May of 2020, with a three-year term. On May 21 and 29, 2020, the Company issued 1,280 and 1,520 Convertible Debentures respectively, with a face value of $1,000 each for total gross proceeds of $2.8 million. These unsecured...

Halifax, Nova Scotia--(Newsfile Corp. - April 12, 2023) - Ucore Rare Metals Inc. (TSXV: UCU) (OTCQX: UURAF) ("Ucore" or the "Company") advises that an aggregate of 1,425,000 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 $1.30 per share and the options expire five years from April 11, 2023, the date of grant. One third of the options will vest after six months, with one third vesting every six months thereafter until fully vested.# # #...

Ucore announces: The selection of an 80,800 square-foot brownfield facility as the location of its first planned rare earth production facility within the England Airpark in Alexandria, LouisianaAn increase in its planned production ramp-up from 2,000 (in Q1-2025) to 5,000 (in 2026) to 7,500 (in 2027) tonnes per annum of total rare earth oxides throughputLouisiana announces:An amended incentive offer of US$15 million which includes a US$900,000 grant for infrastructure improvementsGAEDEA ("Greater Alexandria Economic Development Authority") will provide grant funding of US$360,000 to offset fa...