NetworkNewsBreaks – Ucore Rare Metals Inc. (TSX.
Post# of 263
Ucore Rare Metals (TSX.V: UCU) (OTCQX: UURAF) was featured in a new interview released by The Power Play by The Market Herald. The company’s CEO Pat Ryan joined host Coreena Robertson to discuss Ucore’s latest news. “Ucore Rare Metals Inc. has entered into an engagement letter with Research Capital Corporation, on behalf of a syndicate of agents, including Canaccord Genuity Corp. and Echelon Wealth Partners Inc., in connection with a ‘best efforts’ agency basis private placement of units of the company at a price of $1.00 per unit for minimum gross proceeds of $4.0 million and maximum gross proceeds of $5.35 million,” the announcement reads. “Each unit will consist of one common share in the capital of the company and one-half of one common share purchase warrant. Each warrant will entitle the holder thereof to purchase one common share for a period of 36 months following the closing date of the offering at an exercise price of $1.25.”
Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer