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Ucore Rare Metals Inc. V.UCU

Alternate Symbol(s):  UURAF

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.


TSXV:UCU - Post by User

Bullboard Posts
Comment by my69zon Nov 03, 2019 4:37pm
93 Views
Post# 30302765

RE:RE:Let's clarify dates -- part 1 of 2

RE:RE:Let's clarify dates -- part 1 of 2April 29, 2014 Research Projects, Pilot Plant, Separation Plant and PROSPECTIVE Joint Operating Enterprise (the Research Agreement). $300k == Mar 3, 2015 - Secures Rights to Separation, Recycling, Tailings, MARKETING & j/v at their discretion == March 14, 2015 OTP Agreement == May 26th, 2015 Steve interview comments https://www.smarteranalyst.com/bloggers-corner/interview-of-ucore-rare-metals-partners-reed-steve-izatt-of-ibc-advanced-technologies/ == Izatt affidavit says from May 2014 to May 2016, out of frustrations of Ucore stalling to draft new agreements, IBC flew to NS == June 1st, 2016 OTP Extension $350K == July 18, 2016....Ucore & MOSP partnership 50/50 == Aug. 26th, 2016 Jim listed in Chapter 14 of the IBC Metal Sustainability book on Ucore website .... https://onlinelibrary.wiley.com/doi/10.1002/9781119009115.ch14 .....March 1st, 2017 IBC sends Insolvent Default == March 13, 2017 ..... Ucore Option to Purchase IBC agreement news == March 20th, 2017 .... Izatt quits over OTP news, trademarks, etc.. Not due to "insolvent" == October 26, 2017 .... MOSP pls qualifies for MRT.... " 2) there are no technical barriers which would indicate an inability to extract REE from the source material using an MRT circuit". Steven R. Izatt, President and CEO of IBC and a member of Ucores Advisory Board, has approved the scientific and technical content of this news release and is the Qualified Person responsible for its accuracy". == June, 2018 Ucore pays Izatt $25k for starting AK SMC. == Oct. 30th, 2018 Izatt e-mail to Jim demands Ucore formally terminate Research & OTP agreements. == Nov. 6th, 2018 Izatt quits again. == Nov. 14th, 2018 @ very bottom Custer letter to Dorsey....." Unless the Option Agreement and the above-described portions of the Research Agreement are taken off the table, IBC will cease doing business with Ucore and pursue its rights under law. Ucore is directed to immediately forward a letter to IBC formally terminating the Option and Research Agreements. Upon receipt of such letter, and compliance with the demands stated herein within 30 days from the date of this letter, IBC will ------- this next word sets off the BS Alert and my emphasis ------- CONSIDER appropriate licensing arrangements for MRT products and processes for rare earth separations under mutually agreeable terms". --------( isn't this him asking for the very thing he's mad Ucore has from the 2014 j/v Agreement...... " at discretion " ). == Feb.14th, 2019 Ucore issues OTP proceeding == Feb. 19th, IBC issues Termination after earlier press releasing these had already been terminated == Feb. 25th, Ucore secures injunction == ** Side note; Ucore also advanced $1.3m, requested help on 3 projects @ $40m to IBC
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