Halifax, Nova Scotia–(Newsfile Corp. – March 31, 2020) – Ucore Rare Metals Inc. (TSXV: UCU) (OTCQX: UURAF) (“Ucore” or the “Company”) is pleased to provide updates on matters of significance to its shareholders, specifically: (1) commentary regarding the novel coronavirus (or “COVID-19”) and the world’s need for diversified supply chains; and (2) updated information concerning the Company’s legal proceedings pertaining to its prospective acquisition and integration of IBC Advanced Technologies, Inc. (“IBC“).
- COVID-19: Company Update & Commentary On Globalization
Ucore has implemented a number of measures regarding the COVID-19 pandemic. These include social distancing, work-from-home provisions, limits on the number of employees permitted to meet in person, cleaning and upkeep protocols, as well as an effective ban on corporate travel. These measures are to protect its employees, business associates and neighbours as the Company continues to conduct its day-to-day business affairs in pursuit of the MINE-to-METAL-to-MARKET Plan of Action (
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