Ucore Rare Metals (TSE:UCU) has released an update.
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Ucore Rare Metals Inc. is set to raise approximately $2.4 million through a private placement of 4.8 million units, each priced at $0.50. The proceeds are aimed at advancing agreements and engineering plans for its Strategic Metals Complex in Louisiana and addressing corporate financial needs. The transaction involves significant participation from company insiders.
For further insights into TSE:UCU stock, check out TipRanks’ Stock Analysis page.
