Ucore Corporate Update | UURAF Stock News

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Apr 14, 2025
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  • Ucore Rare Metals (TSXV: UCU, OTCQX: UURAF) will present at the Emerging Growth Conference on April 16, 2025.
  • The company has granted 1,360,000 stock options at $1.08 per share, pending TSX Venture Exchange approval.
  • The stock options follow a staggered vesting schedule over 18 months, expiring in April 2030.

Ucore Rare Metals Inc. (TSXV: UCU, OTCQX: UURAF) is set to present at the Emerging Growth Conference on April 16, 2025, at 2:20pm Eastern Time. Led by CEO Pat Ryan, the presentation will provide an overview of the company's operations and insights into developments within the rare earth sector. Registrants can access the presentation live, and an archived webcast will be offered for later viewing.

In financial news, Ucore has announced the granting of 1,360,000 stock options to its directors, officers, employees, and consultants. These options, exercisable at a price of $1.08 per share, are contingent on approval from the TSX Venture Exchange. They will expire five years from the grant date of April 14, 2025. The vesting schedule is structured in thirds, with one-third becoming exercisable after six months and the remainder in subsequent six-month intervals.

This strategic move aligns management and employee interests with those of shareholders, while promoting retention of key personnel through a staggered vesting schedule. However, the potential for stock dilution may be a point of consideration for current shareholders.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.