We deliver leading advanced technology that provides separation of rare earth elements needed for the supply chain to produce electric vehicles in North America

Bullboard - Investor Discussion Forum Ucore Rare Metals Inc. V.UCU

Alternate Symbol(s): UURAF

Metals & Mining Industrial Metals & Minerals

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 Discussion

Ucore Rare Metals Inc. > New private placement

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Post by Obsantiquedoc on Dec 06, 2022 9:32am

New private placement

I 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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