UCORE RARE METALS INC. ("UCU")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: May 14, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced April 11, 2014 and closed in tranches on April 16, 2014 and April 17, 2014:
Number of Securities: 20,731,912 common share units ("Units")
Each Unit consists of one common share and one common share purchase warrant
Purchase Price: $0.38 per Unit
Warrants: 20,731,912 share purchase warrants to purchase 20,731,912 shares
Warrant Exercise Price: $0.50 for up to 36 months from date of issuance
Number of Placees: 36 placees
Insider / Pro Group Participation:
Insider=Y /
Name ProGroup=P # of Units
Kenneth Collison Y 263,000
Aggregate Pro Group Involvement P 1,100,000
[4 placees]
Finder's Fee: $342 cash and 900 non-transferrable warrants ("Finder Warrants") payable to Canaccord Genuity Corp.
$26,600 cash and 140,000 Finder Warrants payable to Euro Pacific Canada Inc.
- Each Finder Warrant is exercisable for one common share at a price of $0.38 for up to 24 months from date of issuance.
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