Ucore Provides Update on RapidSX™ Technology for Near-Term Commercial Rare-Earth Elements Separation in USA

HALIFAX, NOVA SCOTIA — January 29, 2021 — Ucore Rare Metals Inc. (TSXV:UCU) (OTCQX:UURAF) (“Ucore” or the “Company”) is pleased to provide the following update regarding the Company’s wholly owned subsidiary, Innovation Metals Corp. (“IMC”), and its ongoing commercialization development program for its RapidSX™ separation technology which is principally occurring at the RapidSX Commercialization and Development Facility (“CDF”) in Kingston, Ontario, Canada.

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