Ucore Rare Metals prices bought-deal share offering at C$60 million

• Ucore Rare Metals launched a bought-deal public offering of 21,430,000 common shares at C$ 2.8 each for gross proceeds of C$ 60 million.
• Red Cloud Securities leads the syndicate with B. Riley Securities as co-lead; the deal includes a cornerstone order from a global institutional investor.
• Underwriters hold a 30-day option to buy up to 15% additional common shares at the same price.
• Net proceeds are earmarked for development of the Louisiana strategic metals complex, working capital, general corporate purposes.
• Closing is expected on or about August 13, 2026, subject to customary conditions, including TSX Venture Exchange approval.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Ucore Rare Metals Inc. published the original content used to generate this news brief via ACCESS Newswire (Ref. ID: 202608061915ACCESSWRNAPR_____1204395) on August 06, 2026, and is solely responsible for the information contained therein.