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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

Post by Obsantiquedocon Dec 06, 2022 9:32am
136 Views
Post# 35152997

New private placement

New private placementI don't post much, but I am really disappointed in Ucore with this news release.  In the recently released video, Pat Ryan made specific mention of "non-dllutive" financing being available.  Being a large long term shareholder, this was finally reassuring.  Yet less than two weeks later, dilutive financing is announced.  Share price keeps tanking.  Let's screw the long term shareholders even more!

I understand all that work costs money, but what happened to offtake agreements from OEM and other non dilutive funding?  Don't announce one thing and then do another....
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