NetworkNewsBreaks – Ucore Rare Metals Inc. (TSXV: UCU)

New Post Public Reply Private Reply Replies (0) Message Board
NetworkNewsWire
175
NetworkNewsBreaks – Ucore Rare Metals Inc. (TSXV: UCU) (OTCQX: UURAF) Completes Automatic Conversion of Remaining $1.1M Convertible Debentures

Ucore Rare Metals (TSXV: UCU) (OTCQX: UURAF), a company focused on rare earth element separation and supply chain innovation, announced that the final $1.1 million of convertible debentures issued in May 2020 have been automatically converted into equity following the triggering of a conversion clause tied to the Company’s share price performance. With this automatic conversion, Ucore issued 1,222,219 common shares and 611,108 warrants, and no debentures remain outstanding.

Originally, 2,800 debentures were issued at $1,000 each with 7.5% annual interest, later amended in 2024 to mature on Jan. 31, 2026, with a conversion price of $0.90 per unit. The conversion was triggered after Ucore’s shares closed at $2.20 or higher on the TSX Venture Exchange for 20 consecutive trading days, reaching this threshold on Sept. 2, 2025. Certain debentures were held by related parties, including Chairman and CEO Pat Ryan, though the transaction is exempt from MI 61-101 minority approval requirements. No new insiders or control persons were created in connection with the conversion.

NOTE TO INVESTORS: The latest news and updates relating to UURAF are available in the company’s newsroom at https://nnw.fm/UURAF

Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or republished: http://NNW.fm/Disclaimer

Ucore Rare Metals Inc. (UURAF) Stock Research Links

UURAF Board Company Profile Buy Rating Time & Sales News Filings Financials
Scroll down for more posts ▼

Top 10 Most Recent News Articles

PlugClaw: TrustKernel's AI Gadget Tackles Privacy Hurdles

Updated Category News Views 2

A Handy Revolution in AI Computing You know, every now and then, a gadget shows up that flips the scene on its head. Enter TrustKernel's PlugClaw. It's not every day you see a whole computer in something barely the size of your thumb, yet this one does exactly that. Weighing in at a measly 15 grams and armed with a MediaTek Helio G80, we're looking at a USB-C stick that's...

Continue Reading
Restaurant Industry Bolsters Safety with New Guide

Updated Category News Views 2

There’s a fresh playbook hitting the shelves, and it’s aimed at the heart of the dining world—a guide that tackles the nasty curveballs of public safety incidents. Restaurants, the places we count on for warm meals and cold drinks, aren’t just about what’s on the menu; they're about keeping folks safe, too. The National Restaurant Association just dropped a new...

Continue Reading
CreditRefresh's AI Tackles 1,000+ Disputes Launch Month

Updated Category News Views 2

AI-Powered Revolution in Credit Disputes Alright, here we are staring down the latest twist in the credit game. CreditRefresh, an AI-driven platform out of Dover, Delaware, has managed to kickstart its journey by challenging over 1,000 credit report errors in just its first month on the market. That's quite a sprint straight from the gate, don't you think? But hey, this...

Continue Reading
Tetragon Completes $50M Tender Offer; Shares Prorated

Updated Category News Views 1

Unpacking Tetragon’s $50 Million Dutch Auction Move If you comb through the smoke-filled corridors of finance, you'll find the name Tetragon Financial Group pacing the latest tender offer rounds. They danced their way through a $50 million 'modified Dutch auction,' snapping up non-voting shares with a kind of ruthless efficiency that only seasoned market players can...

Continue Reading
ACEMAGIC Unveils New AI Mini Workstation at IFA 2026

Updated Category News Views 2

A Glimpse Into ACEMAGIC's Latest Innovation Look if you had told me five years ago that AI mini workstations would be making waves, I'd have probably smirked. Yet, here we are; ACEMAGIC is setting the stage at IFA 2026 in Berlin with their fresh-out-the-oven F9A AI mini workstation, powered by AMD's Ryzen AI Max+ PRO 495 processor. It all goes down from September 4 to 8...

Continue Reading
Curaleaf Expands in Florida Amid Rising Cannabis Demand

Updated Category News Views 2

Curaleaf's Bold Moves in Florida's Ganja Gold Rush Fresh out of the gate, Curaleaf is saddling up for a wild ride into Florida's cannabis frontier. They've just thrown open the doors of their latest dispensary in Riverview, cranking their statewide count up to 77. Now, isn’t that something? If you're tracking these folks, you know that bringing their nationwide total to...

Continue Reading
Safety and Wellbeing as Key Business Strategy Focus

Updated Category News Views 2

Revolutionizing Safety in the Workplace Cracking the typical mindset of treating employee safety as a checkbox item, Debra Wein, CEO and Founder of Wellness Workdays, is set to shake up the NSC Safety Congress & Expo. Her upcoming session, titled "Transforming Safety and Wellbeing into a Competitive Business Advantage," isn't just a run-of-the-mill talk. It's a call to...

Continue Reading
JIMMY's Nespure N9: Innovating Coffee and Clean Water

Updated Category News Views 2

Unpacking JIMMY's Latest Innovation at IFA Every now and then, something comes along that makes you think, "Why didn't I think of that?" Well, JIMMY just hit that nail square on the head with its latest concoction—the Nespure N9. Debuting at the IFA 2026 in Berlin, this little gizmo combines water purification with coffee brewing, all from a modestly-sized countertop...

Continue Reading
CHiQ's AI Blitz: Local Touch Amplifies Global Reach

Updated Category News Views 0

A New Era for Home Appliances You ever walk into your kitchen and wonder why your fridge can't just figure out how you like your veggies sorted? Well, as of September 4, 2026, CHiQ, this somewhat maverick in consumer electronics, showed up at the IFA in Berlin with a new arsenal of AI-infused gadgets. Don't yawn just yet—these gizmos aren't just about cramming in tech...

Continue Reading
AARP New York Promotes Affordable 'Staycation' Experiences

Updated Category News Views 2

Exploring New York Without Breaking the Bank Tough times call for creative solutions, and AARP New York is on the ball. With travel costs soaring and many older New Yorkers scrimping to make ends meet, the 'Staycation' campaign steps in with an offer too good to pass up: uncovering the gems of New York right under our noses without shelling out hefty sums. The plan? Turn...

Continue Reading

Top 5 Most Recently Viewed Articles

Sobi's Innovations in Rare Disease Treatments Highlighted at EAHAD

Updated Category News Views 198

Introducing Sobi's Commitment to the Haemophilia Community Swedish Orphan Biovitrum AB (publ) (Sobi) is thrilled to announce its participation in the 19th Annual Congress of the European Association for Haemophilia and Allied Disorders (EAHAD). This event, held in February 2026, promises to be a significant platform for sharing knowledge and advancing treatments for...

Continue Reading
Esquire Financial Holdings, Inc. Announces New Headquarters Facility

Updated Category News Views 214

Esquire Financial Holdings, Inc. Expands Headquarters Esquire Financial Holdings, Inc. (NASDAQ: ESQ), a prominent financial holding company, has announced an exciting development in its corporate structure. The company has secured a new headquarters lease that promises to significantly enhance its operational capabilities. This new office is located at 300 Jericho...

Continue Reading
Masitinib's Potential in Treating Progressive Multiple Sclerosis

Updated Category News Views 197

AB Science's Role in Neurodegenerative Research AB Science has been at the forefront of developing innovative treatments for serious neurological conditions, with a keen focus on diseases like multiple sclerosis. One of their most promising compounds, masitinib, has garnered attention in the medical community. Understanding Masitinib Masitinib is a protein kinase...

Continue Reading
The Growing Demand for 4-Wheel Mobility Scooters Explained

Updated Category News Views 238

Overview of the 4-Wheel Mobility Scooters Market The market for 4-wheel mobility scooters is on an impressive trajectory, with estimates predicting it will exceed USD 2.2 billion in valuation within the next several years. This growth reflects a significant demand driven by an aging global population and a rising prevalence of mobility-related issues. Shifting Trends in...

Continue Reading
Tesla's Groundbreaking Robotaxi Event Showcases Autonomous Innovation

Updated Category News Views 141

Tesla Showcases Autonomous Driving at the 'We, Robot' Event Tesla Inc. (NASDAQ: TSLA) recently held an impressive event highlighting their ongoing advancements in autonomous driving technology. It was an innovative gathering where attendees could experience the capabilities of the company's robotaxis, particularly the newly unveiled Cybercab, designed for complete...

Continue Reading