Ketchikan-based Orca Holdings nabs a 10% stake in Ucore Rare Metals

Ucore Rare Metals Inc. Jan 15 said two U. S.-based investors have exercised their right to convert their investments in a royalty related to the processing of rare earth elements and other specialty metals into common shares of the company.

The royalty would have been paid on sales and income associated with the Ucore's first installation utilizing molecular recognition technology. The US$5.3 mill...