Last C$0.36 CAD
Change Today +0.015 / 4.41%
Volume 81.8K
As of 12:26 PM 04/17/14 All times are local (Market data is delayed by at least 15 minutes).

ucore rare metals inc (UCU) Snapshot

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03/24/14 - C$0.50
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ucore rare metals inc (UCU) Details

Ucore Rare Metals Inc. engages in the acquisition, exploration, and development of mineral properties for rare earth element (REE) deposits in the United States and Canada. It principally holds interest in the Bokan Mountain/Dotson Ridge REE property located on Prince of Wales Island in southeast Alaska. The company also holds interests in the Lost Pond property, which is located in Newfoundland and Labrador near Stephenville; the Ray Mountains Project located in Alaska; and the Sandybeach Lake Project, which is located in Nunavut, Canada. It was formerly known as Ucore Uranium Inc. and changed its name to Ucore Rare Metals Inc. in June 2010. Ucore Rare Metals Inc. is headquartered in Halifax, Canada.

Founded in 2006

ucore rare metals inc (UCU) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: C$250.0K
Chief Financial Officer, Vice-President and C...
Total Annual Compensation: C$180.0K
Chief Operating Officer and Consultant
Total Annual Compensation: C$203.7K
Compensation as of Fiscal Year 2012.

ucore rare metals inc (UCU) Key Developments

Ucore Rare Metals Inc. Appoints Randall Johnson to Advisory Board

Ucore Rare Metals Inc. announced the appointment of Mr. Randall (Randy) Johnson to the company's Advisory Board. Mr. Johnson is the President of Tyler Rental Inc., which he founded as a start-up in 1989. In addition to Tyler, Mr. Johnson's business operations and ownership experience includes such Southeast Alaska enterprises as Ty-matt Construction and Ketchikan Ready Mix and Quarry.

Ucore Rare Metals Inc. Announces Appointment of Geoff Clarke to its Board of Directors

Ucore Rare Metals Inc. announced the appointment of Mr. Geoff Clarke to its Board of Directors, effective October 30, 2013. In late 2010, Mr. Clarke left Fasken Martineau to become the President of a full-service institutional investment dealer, where he remained until this year. His role at the investment dealer included providing financial and strategic advice to mining industry companies and investors regarding off-take agreements, joint-ventures, strategic partnerships and raising capital. Mr. Clarke has almost 20 years of varied experience in investment banking, financial advisory, corporate and securities law as well as teaching experience at the university level in the fields of business law and corporate finance.

Ucore Rare Metals Receives USFS Permitting for Bokan - Dotson Ridge Field Program

Ucore Rare Metals Inc. reported that the United States Forest Service has approved permitting for Ucore's upcoming field program at the Company's Bokan - Dotson Ridge Project in South East Alaska. The planned fieldwork will generate baseline information required for the completion of the final Bankable Feasibility Study, as well as the preparation of the mine construction permit applications including the development of the Plan of Operations described in the July 16, 2013 announcement. The field program is comprised of two pre-construction development activities: Late Stage Drill Program (infill work, geotechnical program, and monitoring well development). Construction of an Interim Field Camp ("IFC") to serve as a base of operations. The Late Stage Drill Program and the construction of an IFC are significant mine development activities which will provide information to support engineering designs and advanced scientific studies. The engineering work to develop the mine Plan of Operations is currently being conducted by Knight Piésold Ltd. of Vancouver, B.C., in cooperation with Tetra-Tech Incorporated of Vancouver, B.C. and PND Engineering of Juneau, Alaska. The Bokan-Dotson Ridge Rare Earth Project is located on federal land managed by the USFS. USFS personnel completed an environmental assessment of the proposed field program and found that the carefully planned activities, combined with prescribed protection measures, would result in no significant impact to the environment in the Bokan area.


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