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Friday May 24, 2013 2:07 PM ET. Data delayed 15 minutes.
0.22
-0.01 (-2.17%)
Bid/Lots
0.22/64
Ask/Lots
0.23/10
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0.24/0.23
Day Range
0.22-0.24
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Ucore Rare Metals Inc. Announces Closing of Offering
3:20PM ET on Monday May 13, 2013 by Marketwire Canada - NFD

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

Ucore Rare Metals Inc (TSX VENTURE:UCU) (the "Company" or "Ucore") is pleased to announce that it has completed the equity offering (the "O...

Company Information

Ucore Rare Metals Inc. (Ucore) is a junior exploration company engaged in the exploration and development of rare earth element (REE) and uranium properties. As of December 31, 2011, Ucore was focusing its exploration activities on its Bokan Mountain/Dotson Ridge property in Alaska, while allowing its Lost Pond property in the Province of Newfoundland and Labrador to be advanced pursuant to a property option agreement. Ucore owns a 100% interest in 422 claims at Bokan Mountain/Dotson Ridge and has the option to purchase a 100% interest in an additional 90 claims, and holds a 100% interest in the Sandybeach Lake property, located in southwestern Nunavut. In addition to the Lost Pond property, Ucore holds a portfolio of uranium properties spanning current and prospective uranium districts in Newfoundland and Labrador. During the year ended December 31, 2011, it acquired through physical staking and claim recording approximately 11,400 acres located in the Ray Mountains, Alaska.

CONTACT INFORMATION

HeadquartersSuite 106, 210 Waterfront Drive
BEDFORD, NS, Canada B4A 0H3
Phone902-482-5214
Fax902-492-0197

EXECUTIVE OFFICERS

President, Chief Executive Officer, DirectorJames McKenzie
Chief Financial Officer, Vice President, Corporate SecretaryPeter Manuel
Chief Operating OfficerKenneth Collison

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Market Cap$39.7MBeta3.78
Revenue (TTM)$0.00EPS$-0.03
Shares Out.172.6MBook Value$0.20
Dividend Yield0.00%P/E--
Annual Dividend Rate$0.00Price/Sales (TTM)--
Ex-Div Date1/1/01P/Cash Flow (TTM)--
Pay Date1/1/01Operating Margin--

*GAAP = prior to non-GAAP analyst adjusted earnings.

(Non-GAAP)*

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