Mr. Peter Manuel reports

UCORE CORPORATE UPDATES

Ucore Rare Metals Inc. has made the following marketing and investor awareness engagements.

The company has engaged InvestorBrandNetwork (IBN), a multifaceted financial news and publishing company, to provide corporate communications expertise and related services. The company expects that IBN will leverage its investor-based distribution network of 5,000-plus key syndication outlets, various newsletters and other outreach tools to generate awareness of the company. The company has engaged IBN for a period of one year, commencing May 8, 2025, at a cost of $23,200 (U.S.) per quarter.

The company has additionally engaged Goldinvest Consulting GmbH for a six-month period, which commenced on May 5, 2025, at a cost of 4,050 euros per month. Goldinvest will prepare corporate videos and assist with investor awareness activities in Germany.

Lastly, the company also announces that it has entered into a media awareness and consulting agreement with Outside the Box Capital Inc. (OTBC), of Oakville, Ont., to provide publicity consulting and investor relations services, including marketing services through social media channels and on-line media distribution.

The marketing agreement, dated May 13, 2025, is for a period of 12 months and can be cancelled by either party at the end of each quarter with 30 days of notice. In consideration of the services to be provided by OTBC, the company will pay a cash fee in the amount of $160,000. Further, a total of 100,000 stock options to purchase the common shares of the company will be issued to OTBC, with a strike price equal to the greater of the market price on the date of the grant and $1.60 per common share. The options will have a five-year term and will vest at the rate of 25 per cent every three months. The company will also pay $25,000 to be used by OTBC for its influencer marketing campaign.

OTBC specializes in leveraging various social media platforms and will be able to facilitate greater awareness and widespread dissemination of the company's news. The engagement of OTBC, as contemplated in the marketing agreement and summarized above, remains subject to TSX Venture Exchange approval.

The above-noted engagements represent additional steps in the company's efforts to enhance communication with the current investor community and expand visibility to a greater audience.

About Ucore Rare Metals Inc.

Ucore is focused on rare metal and critical metal resources, extraction, beneficiation and separation technologies with the potential for production, growth and scalability. Ucore's vision and plan are to become a leading advanced technology company, providing best-in-class metal separation products and services to the mining and mineral extraction industry.

Through strategic partnerships, this plan includes disrupting the People's Republic of China's control of the North American REE (rare earth element) supply chain through the near-term establishment of a heavy and light rare earth processing facility in the U.S. state of Louisiana, subsequent strategic metal complexes in Canada and Alaska, and the longer-term development of Ucore's 100-per-cent-controlled Bokan-Dotson Ridge rare heavy REE project on Prince of Wales Island in southeastern Alaska.

Ucore is listed on the TSX-V under the trading symbol UCU and in the United States on the OTCQX Best Market under the ticker symbol UURAF.

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