Ucore Rare Metals Inc. UURAF

New Press Release - Ucore Announces Private Placement Financing

Halifax, Nova Scotia--(Newsfile Corp. - November 12, 2024) - Ucore Rare Metals Inc. (TSXV: UCU) (OTCQX: UURAF) ("Ucore" or the "Company") is pleased to announce that it is proposing to complete, and has accepted subscription agreements for, a non-brokered private placement offering of 4,803,329...read article.

[Pipinocuevas2]

Just like I told everyone  dead broke, 5% dilution   Happens every 6 months   Absolute abomination of a company  science project on ourdime

[Pipinocuevas2]

Death by 1000 cuts   The slow bleed continues  Ryan does  10/1reverse split so he could start the dilution all over again  I despise that I am correct once again 

[42Brianoso]

16 months ago they issued at C$ 1.00 now at 0.50 what a performance. what a reward for the progress they have made have they?

[Pipinocuevas2]

OEM funding right around the corner  " advanced talks" last 26 months 

[Mickdodge]

What does this placement mean, in basic terms?  

[Dragonsmyth7]

Dear Mick, It means that Ucore did not get upfront money to do the testing for the two OEM that are still talking about a offtake deal.  Ucore only gets paid for that after the testing and they can do the separation.  Remember they have the basic pattern/plan for separation, but each sample has to be tweaked with hundred if not thousand of hours of run time to get the best result for

[Pipinocuevas2]

Dragon You have no clue what ucore needs money for  (fact is, looking at your track record, u may not have a clue about anything) OEMs still havent given UCORE a dollar  DOD barely has given them squat Over the last 5 yrs, Ucore has spent around 40 million scattered over 9 or so PPs just trying to get RSX up to snuff to hopefully build an SMC still may never happen   70 million