Stocks in play: Ucore Rare Metals Inc.
Has entered into a financing agreement with Orca Holdings, LLC of Alaska to sell and leaseback from Orca its SuperLig®-One MRT Rare Earth Pilot Plant. Under the terms of the finance and leaseback agreement, the Pilot Plant will be sold to Orca Holdings, LLC for total proceeds to Ucore of $2.5 million. Orca will subsequently lease the Pilot Plant to Ucore over a three-year term at an annual lease rate of 15%. Ucore Rare Metals Inc.