Tillkännagivande • Apr 15
Ucore Rare Metals Inc., Annual General Meeting, Jun 12, 2026 Ucore Rare Metals Inc., Annual General Meeting, Jun 12, 2026. Location: nova scotia, bedford Canada Breakeven Date Change • Dec 30
Forecast to breakeven in 2027 The 2 analysts covering Ucore Rare Metals expect the company to break even for the first time. New consensus forecast suggests the company will make a profit of CA$25.8m in 2027. Average annual earnings growth of 71% is required to achieve expected profit on schedule. New Risk • Aug 21
New minor risk - Insider selling There has been significant insider selling in the company's shares over the past 3 months. Total value of shares sold: €192k This is considered a minor risk. There are several reasons why an insider may be selling, including to cover a tax obligation or pay for some other expense. However, we generally consider it a negative if insiders have been selling, especially if they do so below the current price. It implies that they considered a lower price to be reasonable. This is a weak signal, but if there is a pattern of unexplained selling, it can be a sign the insider believes the company's stock is overpriced. Note: We only include open market transactions and private dispositions of directly owned stock by individuals, not by corporations or trusts. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (20% average weekly change). Earnings have declined by 10% per year over the past 5 years. Shareholders have been substantially diluted in the past year (47% increase in shares outstanding). Revenue is less than US$1m. Minor Risk Significant insider selling over the past 3 months (€192k sold). Tillkännagivande • Jun 20
Ucore Rare Metals Inc. announced that it has received CAD 14 million in funding On June 19, 2025, Ucore Rare Metals Inc closed the transaction and agent exercised full over allotment option. Agents received cash commissions and advisory fees totaling CAD 855,000 and were issued an aggregate of 712,500 non-transferable Common Share purchase warrants Tillkännagivande • Apr 16
Ucore Rare Metals Inc., Annual General Meeting, Jun 13, 2025 Ucore Rare Metals Inc., Annual General Meeting, Jun 13, 2025. Location: nova scotia, bedford Canada Tillkännagivande • Mar 01
Ucore Rare Metals Inc. announced that it has received CAD 1.17348 million in funding Ucore Rare Metals Inc. announced it has closed a non-brokered private placement on February 28, 2025. The company has issued 1,955,800 units at a price of CAD 0.60 per unit. Each unit consists of one common share in the capital of the company and one common share purchase warrant. Each warrant entitles the holder thereof to purchase one common share for a period of 36 months following the date of closing of the offering at an exercise price of CAD 0.75. The offering remains subject to the final approval of the TSX Venture Exchange. Tillkännagivande • Nov 16
Ucore Rare Metals Inc. announced that it has received CAD 2.401665 million in funding On November 14, 2024, the company has closed the transaction Tillkännagivande • Nov 13
Ucore Rare Metals Inc. announced that it expects to receive CAD 2.401665 million in funding Ucore Rare Metals Inc. announced a non-brokered private placement of 4,803,329 units at a price of CAD 0.50 per unit for the gross proceeds of CAD 2,401,665 on November 12, 2024. Each Unit will consist of one common share in the capital of the company and one-half of one common share purchase warrant. Each Warrant will entitle the holder thereof to purchase one Common Share for a period of 24 months following the date of closing of the offering at an exercise price of CAD 0.75. The closing of the Offering and issuance of the Units are subject to the approval of the TSX Venture Exchange (the “TSXV”). The closing of the offering is expected to take place on or about November 14, 2024, or such other date as may be determined by the Company. The securities issued will be subject to a four month and one-day hold period commencing on the Closing Date. Additional hold periods and/or trading or resale restrictions may also apply in the United States. New Risk • Sep 18
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 7.1% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$10m free cash flow). Earnings have declined by 2.8% per year over the past 5 years. Revenue is less than US$1m. Minor Risks Share price has been volatile over the past 3 months (7.1% average weekly change). Market cap is less than US$100m (€22.9m market cap, or US$25.5m). New Risk • Aug 28
New major risk - Revenue and earnings growth Earnings have declined by 2.8% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$10m free cash flow). Earnings have declined by 2.8% per year over the past 5 years. Revenue is less than US$1m. Minor Risk Market cap is less than US$100m (€25.6m market cap, or US$28.5m). Board Change • Aug 01
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. 4 highly experienced directors. Director Amira Abouali was the last director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. New Risk • May 30
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -CA$9.7m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$9.7m free cash flow). Revenue is less than US$1m. Minor Risks Share price has been volatile over the past 3 months (7.6% average weekly change). Shareholders have been diluted in the past year (10% increase in shares outstanding). Market cap is less than US$100m (€29.2m market cap, or US$31.6m). Tillkännagivande • Apr 30
Ucore Rare Metals Inc. Receives and Tested A Wicheeda Mixed Rare Earth Carbonate Sample At Its Kingston, Ontario Defense Metals Corp. announced that Ucore Rare Metals Inc. received and tested a Wicheeda mixed rare earth carbonate sample at its Kingston, Ontario, RapidSX Commercialization and Demonstration Facility. Ucore confirmed that this testing of the MREC material provides determination of its suitability as an MREC product for commercial-scale processing with Ucore's RapidSX technology at Ucore's currently under development Louisiana Strategic Metals Complex project in Alexria, Louisiana, and subsequent planned SMCs, including a Canadian facility. This sample was generated during Defense Metals' 2023 hydrometallurgical piloting test work performed on concentrate produced by earlier flotation pilot plant testing of a 26-tonne bulk sample from Defense Metal's wholly-owned Wicheeda Property in British Columbia. The Wicheeda REE Project, approximately 80 kilometres (~50 miles) northeast of the city of Prince George, is readily accessible by a paved highway and all-weather gravel roads and is close to infrastructure, including hydro power transmission lines and gas pipelines. The nearby Canadian National Railway and major highways allow easy access to the port facilities at Prince Rupert, the closest major North American port to Asia. Tillkännagivande • Apr 13
Ucore Rare Metals Inc., Annual General Meeting, Jun 13, 2024 Ucore Rare Metals Inc., Annual General Meeting, Jun 13, 2024. Tillkännagivande • Feb 10
Ucore Rare Metals Inc. announced that it has received CAD 1.99 million in funding On February 9, 2024, Ucore Rare Metals Inc. closed the transaction. The company issued 480 convertible debentures at a price of CAD 1,000 per debenture for the gross proceeds of CAD 480,000 in its second and final tranche closing. The company issued an aggregate of 1,990 convertible debentures for aggregate gross proceeds of CAD 1,990,000. The company paid CAD 21,500 as finder fees and issued 57,333 finder warrants in connection with the second and final tranche. Each finder warrant entitles the holder to acquire one common share at a price of CAD 0.75 for a period of 24 months from the date of issuance. Tillkännagivande • Jan 31
Ucore Rare Metals Inc. announced that it has received CAD 1.51 million in funding On January 30, 2024, Ucore Rare Metals Inc. closed the transaction. The company issued 1,510 convertible debentures at a price of CAD 1,000 per debenture for the gross proceeds of CAD 1,510,000. The Debentures bear interest at a rate of 7.5%, payable semi-annually on the last day of June and December of each year, commencing on June 30, 2024. The Debentures have an approximately two-year term with the principal amount being due to be repaid in full by the Company on January 31, 2026. The Debentures are unsecured. The Company as paid a total of CAD 67,750 finder fees and a total of 116,667 finder warrants in connection with the Offering. Each finder warrant entitles the holder to acquire one common share of the Company at a price of CAD 0.75 for a period of 24 months from the date of issuance. The Company further reports that it has received Conditional Approval from the TSX-Venture Exchange to increase the maximum offering size from 1,500 Debentures to 2,000 Debentures, with total potential proceeds of CAD 2,000,000. The Company may close a second tranche of the Debentures at any time before February 9, 2024 for additional proceeds of up to CAD 490,000. New Risk • Nov 02
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of German stocks, typically moving 10% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (10% average weekly change). Revenue is less than US$1m. Minor Risks Shareholders have been diluted in the past year (26% increase in shares outstanding). Market cap is less than US$100m (€32.9m market cap, or US$34.8m). New Risk • Aug 22
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -CA$7.3m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$7.3m free cash flow). Earnings have declined by 0.3% per year over the past 5 years. Revenue is less than US$1m. Minor Risks Share price has been volatile over the past 3 months (8.4% average weekly change). Shareholders have been diluted in the past year (26% increase in shares outstanding). Market cap is less than US$100m (€36.6m market cap, or US$39.7m). New Risk • Jul 31
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -CA$7.3m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$7.3m free cash flow). Earnings have declined by 0.3% per year over the past 5 years. Revenue is less than US$1m. Minor Risks Share price has been volatile over the past 3 months (9.1% average weekly change). Shareholders have been diluted in the past year (23% increase in shares outstanding). Market cap is less than US$100m (€36.1m market cap, or US$39.8m). Tillkännagivande • Jun 17
Ucore Rare Metals Inc. announced that it expects to receive CAD 5.35 million in funding Ucore Rare Metals Inc. announced a best efforts private placement of units of the company at a price of CAD 1 per unit for minimum gross proceeds of CAD 4 million and maximum gross proceeds of CAD 5.35 million. Each unit will consist of one common share and one-half of one common share purchase warrant. Each warrant will entitle the holder thereof to purchase one common share for a period of 36 months following the closing date of the offering at an exercise price of CAD 1.25. The company has granted the agents an option, exercisable in whole or in part prior to the closing of the offering, to offer and sell up to an additional 802,500 units at the offering price, for additional gross proceeds of up to approximately CAD 0.8 million. If the agents’ option is exercised in full, the aggregate gross proceeds to the company will be approximately CAD 6.15 million. The offering is scheduled to close on or about July 6, 2023, or such date as the lead agent and the company may agree upon, and is subject to certain conditions including, but not limited to, the receipt of all necessary approvals, including the conditional approval of the TSX Venture Exchange. The completion of the offering remains subject to the receipt of all necessary regulatory approvals, including the approval of the TSXV. Tillkännagivande • Jan 28
Ucore Rare Metals Inc. Provides Updates on RapidSX Rare Earth Element Demo Plant Ucore Rare Metals Inc. provided an update on the commissioning process for its RapidSX Demonstration Plant (‘Demo Plant’) for the separation of heavy and light rare earth elements. The Demo Plant is located within Ucore's 5,000 square foot RapidSXTM Commercialization and Demonstration Facility in Kingston, Ontario, and is run by its laboratory partner, Kingston Process Metallurgy Inc. Commissioning of the Demo Plant is underway. Once commissioned, the Demo Plant is designed to demonstrate the techno-economic advantages, scale-up, and commercial durability of the RapidSXTM technology platform by processing tens of tonnes of North American-friendly sources of mixed rare earth chemical concentrates in a simulated production environment. The planned output products are high-purity NdPr, praseodymium, neodymium, terbium, and dysprosium REEs, to be incorporated into the early stages of original equipment manufacturers' (‘OEM’) qualification trials. Simultaneously, Ucore, its engineering partner, Mech-Chem Associates Inc. (‘Mech- Chem’), and KPM are developing the full-scale engineering for the Company's first Strategic Metals Complex. The SMC is a planned REE separation and rare earth oxide production plant slated to commence construction in the US State of Louisiana this year. It is scheduled to initially process 2,000 tonnes of total rare earth oxides by the end of 2024, increasing to 5,000 tonnes in 2026. Board Change • Apr 27
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 4 non-independent directors. Independent Director Steven Meister was the last independent director to join the board, commencing their role in 2016. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Is New 90 Day High Low • Feb 19
New 90-day high: €1.48 The company is up 270% from its price of €0.40 on 20 November 2020. The German market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 62% over the same period. Is New 90 Day High Low • Jan 23
New 90-day high: €0.82 The company is up 10.0% from its price of €0.75 on 23 October 2020. The German market is up 12% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Metals and Mining industry, which is up 54% over the same period. Is New 90 Day High Low • Jan 05
New 90-day high: €0.82 The company is up 17% from its price of €0.70 on 07 October 2020. The German market is up 8.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Metals and Mining industry, which is up 42% over the same period.