Concept Capital Management Ltd. Acquires Units of Ucore Rare Metals Inc.
This press release is issued pursuant to Multilateral Instrument 62-104 - Take-Over Bids and Issuer Bids and National Instrument 62-103 - The Early Warning System and Related Take-Over Bid and Insider Reporting Issues.
Toronto, Ontario--(Newsfile Corp. - February 9, 2021) - On February 8, 2021, Ucore Rare Metals Inc. (TSXV: UCU) (the "
Issuer" or "
Ucore") closed a non-brokered private placement that Ucore had announced via a press release on January 28, 2021 (the "
Offering"). The closing of the Offering consisted of the issuance of an aggregate of 6,700,000 units ("
Units") at a subscription price of C$1.00 per Unit, for aggregate gross proceeds to the Issuer of C$6.7 million. Each Unit consists of one common share of Ucore (a "