United Commodity AG (UC) has been pursuing since 2014 the strategy to strengthen its market position and stability by a strategic alliance with an external partner. For this purpose, a capital increase was carried out by UC in December 2014 to provide the capability for any alliance. Various options were considered since then and this has also been reported so far. Currently a Canadian and a Russian mining company have approached UC and expressed a strong interest in an alliance with UC. The Board of Directors of UC confirmed that negotiations with these two potential strategic investors are driven by high pressure and a conclusion is expected within 2 weeks.

About United Commodity AG:

United Commodity specializes in industrial applications and international marketing of innovative and sustainable refining and recycling technologies in the precious metals sector. The share of United Commodity AG (WKN: A0M0F0, ISIN: CH0032868199, symbol: 3UI1) is currently not listed on any stock exchange.

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