Ucore Rare Metals Inc (UURAF)

[douginil]

Ucore Rare Metals Enters Into Second Royalty Agreement to Raise USD$1.0 Million


August 17, 2015 - HALIFAX, NOVA SCOTIA - Ucore Rare Metals Inc. (TSXV:UCU) (OTCQX:UURAF) ("Ucore" or the "Company") today announced that the Company has entered into an agreement (the "Agreement") with a high net worth US-based investor (the "Investor") through which the Investor will pay USD$1.0 million (approximately CAD$1.3 Million) to Ucore in consideration for a royalty on the sale of products and services related to the processing of rare earth elements and other specialty metals and critical materials utilizing SuperLig® Molecular Recognition Technology ("MRT").


read full PR:

http://ucore.com/ucore-rare-metals-enters-into-second-royalty-agreement-to-raise-usd1-0-million