DoW Accepts Ucore's Phase 1 Final Report and RapidSX(TM) Techno-Economic Assessment

Halifax, Nova Scotia--(Newsfile Corp. - April 7, 2026) - Ucore Rare Metals Inc. (TSXV: UCU) (OTCQX: UURAF) ("Ucore" or the "Company") is pleased to announce the acceptance of its final reporting under Phase 1 of its Other Transaction Agreement ("OTA" or "Agreement") with the US Department of War (the "Reports"). The proprietary Reports were submitted to the US Army Contracting Command - Orlando and included both a Final Demonstration Report and a Final Techno-Economic Assessment ("TEA").