Dalliance Services Company, a corporation incorporated under the laws of the Marshall Islands (the "Offeror") and wholly owned by Sergey Solonin, the controlling shareholder and chairman of the board
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