Ucore Closes Non-Dilutive CAD $2.5M Financing

Ucore Rare Metals Inc.

HALIFAX, NOVA SCOTIA--(Marketwired - Aug. 10, 2017) - Ucore Rare Metals Inc. (TSX VENTURE:UCU)(OTCQX:UURAF) ("Ucore" or the "Company") is pleased to announce that it has closed its previously announced financing agreement (the "Agreement") with Orca Holdings, LLC of Alaska ("Orca") to sell and leaseback from Orca its SuperLig®-One MRT Rare Earth Pilot Plant (the "Pilot Plant").