Ucore Rare Metals (TSX.V: UCU) (OTCQX: UURAF) was featured in a new interview released by The Power Play by The Market Herald. The company’s CEO Pat Ryan joined host Coreena Robertson to discuss Ucore’s latest news. “Ucore Rare Metals Inc. has entered into an engagement letter with Research Capital Corporation, on behalf of a syndicate of agents, including Canaccord Genuity Corp. and Echelon Wealth Partners Inc., in connection with a ‘best efforts’ agency basis private placement of units of the company at a price of $1.00 per unit for minimum gross proceeds of $4.0 million and maximum gross proceeds of $5.35 million,” the announcement reads. “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 purchase one common share for a period of 36 months following the closing date of the offering at an exercise price of $1.25.”
To view the full interview, visit https://ibn.fm/GGmsp
About Ucore Rare Metals Inc.
Ucore is focused on rare- and critical-metal resources, extraction, beneficiation and separation technologies with the potential for production, growth and scalability. Ucore’s vision and plan is to become a leading advanced technology company, providing best-in-class metal separation products and services to the mining and mineral extraction industry. Through strategic partnerships, this plan includes disrupting the People’s Republic of China’s control of the North American REE supply chain through the near-term development of a heavy and light rare-earth processing facility in the U.S. state of Louisiana, subsequent SMCs in Canada and Alaska and the longer-term development of Ucore’s 100% controlled Bokan-Dotson Ridge Rare Heavy REE Project on Prince of Wales Island in Southeast Alaska, USA. Ucore is listed on the TSXV under the trading symbol UCU and in the United States on the OTC Markets’ OTCQX(R) Best Market under the ticker symbol UURAF. For further information, please visit www.ucore.com/corporateupdate.
NOTE TO INVESTORS: The latest news and updates relating to UURAF are available in the company’s newsroom at https://ibn.fm/UURAF
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