Ucore Enters Development MOU with Commerce Resources

Ucore Rare Metals Inc.

HALIFAX, NOVA SCOTIA--(Marketwired - June 5, 2017) - Ucore Rare Metals Inc. (TSX VENTURE:UCU)(OTCQX:UURAF) ("Ucore" or the "Company") is pleased to announce that it has executed a Memorandum of Understanding ("MOU") with Commerce Resources Corp. (TSX VENTURE:CCE)(OTC:CMRZF) ("Commerce") for the purpose of integrating feedstock from Commerce's Ashram Project in Quebec (the "Ashram Project") with Ucore's recently announced rare earth separation facility and Strategic Metals Complex ("SMC").