Ucore Rare Metals Inc. announced that Jim McKenzie has transitioned from his role as President, CEO, and a Director of Ucore to a Strategic Advisor position to Ucore's Chairman, Pat Ryan. While Mr. McKenzie will pursue other business commitments and interests, he plans to remain with Ucore for the long term as a key strategist to Mr. Ryan, and a proud Ucore shareholder. Mr. McKenzie led Ucore's team since 2007. With this transition, Mr. Ryan has been appointed Ucore's Interim Chief Executive Officer. The Company's Board of Directors will lead the search for a new full-time CEO, which is expected to be announced in the coming months.