Ucore Rare Metals Inc. UCU

Halifax, Nova Scotia--(Newsfile Corp. - September 9, 2026) - Ucore Rare Metals Inc. (TSXV: UCU) (OTCQX: UURAF) ("Ucore" or the "Company") is pleased to announce the exercise of warrants by Randy Johnson ("Mr. Johnson"), a director of the Company, through his wholly owned holding company, Orca Holdings, LLC ("Orca"), resulting in Orca's acquisition of 10,268,165 common shares of the Company (the "Common Shares"). The Company also announces the early repayment of all indebtedness previously owing.

Ucore announces:It has produced 99.5% NdPr sample material from two different feedstock sources (ionic clay and bastnaesite) at its Commercialization and Demonstration Facility ("CDF") in Kingston, Ontario, for ongoing and planned customer qualificationsNdPr is a fundamental product of most rare earth processing facilities, and on a scale of tonnes, Ucore has now demonstrated the ability to create 99.5% material from multiple sources with widely varying rare earth element compositionsHalifax,...