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CEO and CFO buying at Ucore Rare Metals (V:UCU)

Updated Thursday Jun 14, 2018 02:20 AM EDT

James Stephen McKenzie, CEO, acquired 500,000 Common Shares on a direct ownership basis at a price of $0.180 through a prospectus or prospectus exempt offering on June 11th, 2018. The insider also acquired 500,000 Warrants with an exercise price of $0.250 until June 8, 2021. This represents a $90,000 investment into the company's shares and an account share holdings change of 9.5%.

In addition, Peter Allan Manuel, CFO, acquired 250,000 Common Shares and 250,000 Warrants on a direct ownership basis. This represents a $45,000 investment into the company's shares and an account share holdings change of greater than 100%.

Ucore Rare Metals is in the Precious Metals & Minerals Sub Industry Group under the Basic Materials Sector.

Ucore Rare Metals Inc. is a junior exploration and technology company. The Company is engaged in the exploration and development of rare earth element properties within Canada and the United States. The Company is focusing its exploration activities on its Bokan Mountain/Dotson Ridge property in Alaska. The Bokan Mountain project is located on Prince of Wales Island, Alaska, approximately 60 kilometers southwest of Ketchikan, Alaska and over 140 kilometers northwest of Prince Rupert, British Columbia. Its projects also include Seagull Tin property, which is located in the Southwestern Yukon, and Sandybeach Lake property, which is located in southwestern Nunavut. The Company focuses to acquire the exclusive rights to Superlig Molecular Recognition separation technology (MRT) process for rare earth separation among other applications. This technology is used by the Company to separate the entire suite of rare earth elements from Bokan ore.

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Go to Ucore Rare Metals Inc. (UCU)'s company page

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