Ucore's McKenzie to Deliver Presentation to Rare Earths Conference in Singapore as Highlight of Fall 2014 Marketplace Schedule

HALIFAX, NOVA SCOTIA--(Marketwired - Oct 16, 2014) - Ucore Rare Metals Inc. (TSX VENTURE:UCU) (OTCQX:UURAF) (FRANKFURT:U9U) ("Ucore" or "the Company") is pleased to update investors on marketplace activities for the fall of 2014.

On November 12, 2014, Jim McKenzie, President and CEO of Ucore will deliver a presentation to the 10^th International Rare Earths Conference in Singapore, entitled 'Nanotechnology and Rare Earths Separation'. The presentation will describe how nanotechnology has the potential to revolutionize the separation and processing of rare earth elements, and the downstream opportunities this innovation presents.

Mark MacDonald, Vice President, Business Development and Investor Relations will be in attendance at the New Orleans Investment Conference, October 22-25, 2014, as an exhibitor. This is Ucore's first time attending this well known investment event.

From November 5-7, 2014, Ken Collison, COO of Ucore, will attend the Alaska Miners Association Fall Convention in Anchorage Alaska where he will make a presentation as part of the technical program. Ken is well known in Alaska mining circles. His track record in building successful mines, and his leadership role with Ucore's Bokan-Dotson Ridge heavy rare earth project in southeast Alaska, position him well to make a positive contribution to conference deliberations.

Finally, Jim McKenzie and Mark MacDonald will meet investors at the International Precious Metals and Commodities Show, November 7-8, 2014 in Munich, Germany. This visit is in response to growing interest in Ucore in the German market.

"This is an exciting time for Ucore" said Jim McKenzie. "Notwithstanding a challenged resource capital sector, certain juniors continue to charge toward production during the market down cycle. This has always been the case with resilient commodities such as strategic metals, and can mean a strong buying opportunity for investors armed with knowledge and foresight. Ucore is now in the final stages of pre-construction, and is committed to presenting its case at trade and science forums around the world. We encourage investors to join us at these events to learn more about the remarkable Ucore story."

The marketplace program is part of Ucore's ongoing commitment to update shareholders on a regular basis. For more detail on Ucore's marketplace activity visit www.ucore.com. To view the most recent Video Update from Jim McKenzie, access this link:

http://youtu.be/kwI7HTVZsNo

About Ucore Rare Metals Inc.

Ucore Rare Metals Inc. is a development-phase mining company focused on establishing rare metal resources with near term production potential. With multiple projects across North America, Ucore's primary focus is the 100% owned Bokan - Dotson Ridge REE property in Alaska. The Bokan - Dotson Ridge REE project is located 60 km southwest of Ketchikan, Alaska and 140 km northwest of Prince Rupert, British Columbia and has direct ocean access to the western seaboard and the Pacific Rim, a significant advantage in developing near term production facilities and limiting the capital costs associated with mine construction.

This press release includes certain statements that may be deemed "forward-looking statements". All statements in this release, other than statements of historical facts, that address future exploration drilling, exploration activities, development timelines, and events or developments that the Company expects, are forward looking statements. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include exploitation and exploration successes, continued availability of financing, and general economic, market or business conditions.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined by the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.