UURAFUcore Rare Metals, Inc.

About Ucore Rare Metals, Inc. (UURAF)

Ucore Rare Metals, Inc. (UURAF) is a Other Industrial Metals & Mining company headquartered in Bedford, NS, Canada whose shares trade over-the-counter on the OTCQX tier.

Ucore Rare Metals Inc. ("Ucore" or the "Company") is a corporation domiciled in Canada. The address of the Company's head office is 210 Waterfront Drive, Suite 106, Halifax N.S., B4A 0H3. The Company is engaged in the exploration for and separation of rare earth elements within Canada and the United States. The Company is in the process of exploring its resource properties and has not yet determined whether these properties contain ore reserves that are economically recoverable. To date, the Company has not earned significant revenues and is considered to be a development stage enterprise. On May 8, 2020, the Company acquired 100% of the issued and outstanding shares of Innovation Metals Corp. ("IMC"), the developer of its proprietary RapidSXTM process for the low-cost separation and purification of rare earth elements ("REE"), nickel ("Ni"), cobalt ("Co"), lithium ("Li") and other technology metals, via an accelerated form of solvent extraction. IMC is commercializing this approach for a number of metals, to help enable mining and metal-recycling companies to compete in today's global marketplace.

Products and services

The Company is engaged in the exploration for and separation of rare earth elements within Canada and the United States. The Company is in the process of exploring its resource properties and has not yet determined whether these properties contain ore reserves that are economically recoverable. To date, the Company has not earned significant revenues and is considered to be a development stage enterprise. On May 8, 2020, the Company acquired 100% of the issued and outstanding shares of Innovation Metals Corp. ("IMC"), the developer of its proprietary RapidSX process for the low-cost separation and purification of rare earth elements ("REE"), nickel ("Ni"), cobalt ("Co"), lithium ("Li") and other technology metals, via an accelerated form of solvent extraction. IMC is commercializing this approach for a number of metals, to help enable mining and metal-recycling companies to compete in today's global marketplace.

UURAF key facts

Ticker symbol

UURAF

Market tier

OTCQX

Sector

Basic Materials

Industry

Other Industrial Metals & Mining

Headquarters

Bedford, NS, Canada

Country of incorporation

CA

Year of incorporation

2006

Employees

10

Estimated market cap

$58.19M (as of Apr 9, 2025)

Shares outstanding

72,738,108

Reporting standard

International Reporting: TSX Venture Exchange

Audit status

Audited

Fiscal year end

12/31

Latest filing

Interim Financial Report (Sep 30, 2024)

Ucore Rare Metals, Inc. leadership

• Pat Ryan — CEO
• Geoff Clarke — CEO
• Mike Schrider — COO
• Mark MacDonald — VP, Business Development
• Byron Fillmore — VP, Mkt.
• Peter Manuel — Vice President, CFO, Corporate Secretary
• Tyler Dilney — Controller

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