Press release from Marketwire
Ucore Grants Incentive Stock Options
Tuesday, June 11, 2013
Ucore Grants Incentive Stock Options15:44 EDT Tuesday, June 11, 2013
HALIFAX, NOVA SCOTIA--(Marketwired - June 11, 2013) - Ucore Rare Metals Inc. (TSX VENTURE:UCU) ("Ucore"or the "Company") advises that an aggregate of 3,735,000 options have been granted to directors, officers, employees and consultants of the Company, subject to the approval of the TSX Venture Exchange. The options are exercisable at a price of $0.26 per share and expire five years from June 11, 2013, the date of grant. One third of the options will vest after six months, with one third vesting every six months thereafter until fully vested.
This press release includes certain statements that may be deemed "forward-looking statements". All statements in this release, other than statements of historical facts, that address future exploration drilling, exploration activities and events or developments that the Corporation expects, are forward looking statements. Although the Corporation believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include exploitation and exploration successes, continued availability of financing, and general economic, market or business conditions.
FOR FURTHER INFORMATION PLEASE CONTACT:
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined by the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.Contact Information:
Ucore Rare Metals Inc.
Mr. Jim McKenzie
President and Chief Executive Officer