Ucore Rare Metals Inc.: Ucore Announces Analyst Coverage Initiated by Stormcrow Capital Ltd.
Ucore" or the "
Company") (TSXV: UCU) (OTCQX: UURAF) is pleased to announce that Stormcrow Capital Ltd. ("
Stormcrow Capital"), a Canadian-based securities dealer as well as research and technical consulting firm specializing in critical materials, has initiated equity analyst coverage on Ucore.
The initiation research report on Ucore, dated March 8, 2021, was written and produced by Stormcrow Capital's President, Dr. Jon Hykawy, as an independent analysis of Ucore's activities and progress. The report is available from Stormcrow Capital at its website located at www.stormcrow.ca.
All reports on Ucore prepared by any investment research analysts represent the views of such analysts and are not necessarily those of Ucore. Although the Company has paid fees to Stormcrow Capital for services including providing its independent research opinion (just as fees are paid to bond-rating agencies and auditors for their opinions), the Company is not responsible for the content, accuracy or timelines contained in an analyst's report and the fee was not dependent on the opinion provided. During the past year, Stormcrow Capital has provided investment banking, due diligence, business advisory, and other services to the Company, including the provision of this report and will be providing ongoing research coverage for the next 12 months. Recent fees paid by Ucore to Stormcrow Capital include 16,800 finders warrants from Ucore's private placement that closed on February 8, 2021 and a total of C$90,000 in cash. Readers of any third-party research report regarding the Company should be aware, and are cautioned, that opinions, estimates, or forecasts contained in a research report are not subject to the requirements of Canadian National Instrument 43-101 "Standards of Disclosure for Mineral Projects" ("NI 43-101") and have not received any endorsement or approval by Ucore. As such, Ucore does not imply or in any way represent that any of the reports, opinions, estimates, or forecasts regarding Ucore made by any research analysts complies with NI 43-101 or represent the opinions or beliefs of Ucore or its management or representatives. In addition to information filed by Ucore as found on SEDAR (www.sedar.com), readers should only refer to the technical report(s) of Ucore relating to the Bokan Mountain Project for information about the project prepared in accordance with NI 43-101.