Rush Rare Metals

What Rush Rare Metals does

Rush Rare Metals Corp. is a Vancouver-headquartered, CSE-listed (RSH) junior mineral exploration company incorporated in British Columbia in October 2021. The company holds two principal assets: (1) the Boxi Property, a 100%-owned niobium-uranium prospect of more than 8,000 contiguous hectares located approximately 70 km north of Mont Laurier, Quebec, with surface samples reported up to 26.9% Nb2O5; and (2) the Copper Mountain Uranium Project in Wyoming, USA, covering approximately 7,426 hectares (recently expanded to ~9,320 acres) across 966 unpatented federal mining claims, historically explored by Union Pacific with ~2,000 boreholes and C$117-125M of prior investment, and currently subject to an earn-in agreement under which Myriad Uranium has earned a 75% interest.

The company's business model is project-monetization rather than product sales: Rush has no operational revenue, no producing assets, and no recurring customer contracts. Value creation is structured through mineral tenure advancement (supported by completed 43-101 technical reports on both assets), partnership-driven exploration (with Myriad funding 100% of Copper Mountain work), and equity capital raises (most recent: a C$262,115 non-brokered private placement in February 2024 at $0.07 per unit). The primary go-to-market is investor relations targeting institutional and retail investors in the uranium and critical minerals space, executed through IR firms (Bay Street Communications), digital and social media marketing (WTS Capital, Komposites Newtech), and webinar presentations (Red Cloud Financial Services).

Rush is currently undergoing a structural transaction: in February 2026, Rush and Myriad executed a definitive merger agreement under which Myriad will acquire 100% of Rush shares at a 0.5405 exchange ratio (18-22% premium), with Rush shareholders also receiving shares in a newly incorporated Spinco (1577075 B.C. Ltd.) that will hold the Boxi Property. CEO Peter Smith, a co-founder of both Rush and Myriad, has been recused from merger negotiations, with an independent special committee overseeing the transaction. The market capitalization is approximately C$10.6M; the company has 11-50 employees and is incorporated in BC with listings on the CSE (RSH) and Frankfurt Stock Exchange (K9A).

Name

Rush Rare Metals

Legal name

Rush Rare Metals Corp.

Website

https://www.rushraremetals.com

Company type

Public

Founded year

2021

Operating status

Operating

Headcount range

11–50 employees

Short description

Rush Rare Metals Corp. is a pre-revenue junior mineral exploration company (CSE: RSH) holding a 100% interest in the niobium-uranium Boxi Property in Quebec and a 25% interest in the Copper Mountain uranium project in Wyoming (75% earned by Myriad Uranium), currently undergoing a definitive merger with Myriad with Boxi spun into a separate Spinco entity.

Ownership category

akta.pro rank

Product category

Mineral Exploration Services

NAICS

Other Metal Ore Mining (212290), Metal Ore Mining (2122)

SIC

Miscellaneous Metal Ores (1090)

akta.pro primary industry

Uranium Exploration & Resource Development (EUAKACAA)

akta.pro secondary industry

Exploration & Resource Development (Critical Minerals) (IMAKAFAL)

Keywords

• Mineral exploration
• Uranium exploration
• Niobium exploration
• Critical minerals
• Junior mining

Headquarters

HQ city

Vancouver

HQ country

Canada

HQ region

North America

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Marketing or Sales, Technology or R&D, Personnel, Operations

Revenue model

1. Exploration Stage - No Current Revenue: Rush Rare Metals is a pre-revenue mineral exploration company. The company does not currently generate operational revenue. Value is created through exploration and development of mineral properties, with potential future revenue to come from mining operations, joint venture partnerships, or asset sales/acquisitions.
2. Property Option Payments: Rush receives various payments under its earn-in agreement with Myriad Uranium for the Copper Mountain project, including initial cash payments, share issuances at specified milestones, and share payments upon completion of PEA or PFS studies.

Pricing tiers

Go-to-market motion2 records

Distribution channels2 records

Marketing channels6 records

Core offering

Rush Rare Metals Corp. is a pre-revenue mineral exploration company advancing two critical minerals projects: the 100%-owned Boxi Property, a niobium (with uranium) prospect covering over 8,000 hectares near Mont Laurier, Quebec, and the Copper Mountain Uranium Project, a district-scale uranium property covering approximately 7,426 hectares across 966 claims in Fremont County, Wyoming, currently being advanced by Myriad Uranium under an earn-in agreement. The company generates no operational revenue; value is created through exploration, joint venture partnerships, asset transactions, and capital markets activities.

Product overview

Rush Rare Metals Corp. is a mineral exploration company with two main assets: the Boxi Property (100% owned niobium prospect in Quebec, Canada) and the Copper Mountain Project (uranium property in Wyoming under earn-in agreement with Myriad Uranium). The Boxi Property hosts a mineralized pegmatite dyke with niobium and uranium mineralization, while the Copper Mountain Project encompasses approximately 7,426 hectares with multiple historic uranium deposits including the Arrowhead Mine.

Differentiator

Problem solved

Functional benefit

Products and services

• Boxi Property A 100% owned niobium (with uranium) prospect located near Mont Laurier, Quebec, Canada, spanning over 8,000 hectares with a mineralized pegmatite dyke hosting niobium and uranium mineralization and surface samples up to 26.9% Nb2O5. The asset is targeted at investors and partners seeking exposure to critical minerals in a premier REE/lithium area.
• Copper Mountain Uranium Project A uranium exploration project in Wyoming, USA, covering approximately 7,426 hectares across 966 unpatented Federal Mining Lode Claims and State/Private mineral leases in Fremont County, with multiple known uranium deposits including the historic Arrowhead Mine and historical estimates of 245-655 million lbs U3O8 potential. Currently advanced by Myriad Uranium under an earn-in agreement; targeted at investors and uranium industry partners seeking district-scale US uranium exposure.

Quantifiable outcome

• Up to 655 million lbs potential uranium endowment identified in historical estimates
• +2 more outcomes

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Four partnerships are on record, tiered minor and core.

• Bay Street CommunicationsminorGTM or Marketing Partner · 22 February 2024Independent investor relations and corporate communications consulting firm based in Toronto with over 60 years of combined experience. Engaged to help build Rush's capital markets profile. Agreement is on an ad hoc, hourly basis with fees not expected to exceed $24,000 per annum.
• WTS CapitalminorGTM or Marketing Partner · 22 February 2024Digital marketing and social media consulting firm engaged to provide ongoing social media content creation, dissemination and consultation, sentiment reporting, and engagement reporting. Paid $24,000 for three-month services plus 200,000 stock options at $0.10 for two years.
• Komposites NewtechminorGTM or Marketing Partner · 22 February 2024Social media and digital marketing services provider (d.b.a. 'Komposites Newtech'). Engaged for six months at $3,600 to provide social media content, sentiment reporting, and engagement services.
• Myriad Uranium Corp.coreStrategic or Co-development Partner · 18 October 2023Property option/earn-in agreement where Myriad can earn up to 75% interest in the Copper Mountain Uranium Project in Wyoming by spending $5.5 million over four years. Rush retains significant economic interests including share payments at milestones and favorable production splits. In February 2026, the companies executed a definitive merger agreement under which Myriad will acquire 100% of Rush shares at a 0.5405 exchange ratio, with Rush shareholders also receiving shares in a Spinco holding the Boxi Property.

Scale indicators7 records

Recent moves9 records

Expansion highlights5 records

Direct peers

• Myriad Uranium Corp. CSE-listed junior uranium explorer that is currently the earn-in partner at Copper Mountain and the acquirer of Rush in the pending merger. Most directly comparable — same asset (Copper Mountain), same jurisdiction (Wyoming), same commodity (uranium), same management overlap via Peter Smith.
• IsoEnergy: Canadian uranium-focused explorer-developer with Athabasca Basin assets and Hurricane discovery. Direct peer as a publicly-listed uranium junior in a comparable lifecycle stage, pursuing district-scale North American uranium resources.
• Skyharbour Resources: Canadian uranium and thorium explorer with a portfolio of Athabasca Basin projects, many partnered through option agreements with third-party operators. Highly comparable earn-in/JV-driven exploration model to Rush/Myriad at Copper Mountain.
• Standard Uranium: Early-stage uranium explorer with Athabasca Basin projects. Comparable as a small-cap CSE-listed uranium junior pursuing district-scale targets with historical exploration data, similar in lifecycle and scale to Rush.
• Foremost Clean Energy: Canadian uranium explorer with Athabasca Basin properties. Comparable as a small-cap uranium junior pursuing discovery-stage assets in tier-one mining jurisdictions.
• Fission 3.0 Corp. Early-stage uranium explorer with a portfolio of Athabasca Basin and Patterson Lake area projects. Comparable lifecycle stage and capital markets profile to Rush as a CSE-listed uranium junior.

Broad incumbents

• NexGen Energy: Larger uranium developer (Arrow deposit, Athabasca Basin) at a more advanced stage. Comparable as a publicly-listed uranium pure-play with exposure to the nuclear renaissance thesis, though materially larger and more advanced than Rush.
• Denison Mines: Intermediate uranium developer with the ISR Wheeler River project in the Athabasca Basin. A relevant broad incumbent for uranium market exposure and as a comparable for junior uranium explorers targeting North American production.

Emerging players

• Appia Rare Earths & Uranium Corp. Junior explorer focused on REE and uranium in Canada. Most directly relevant as a publicly-listed junior combining REE/uranium exposure — the same commodity pair that anchors Rush's Boxi thesis.
• Imperial Mining Group: Quebec-based junior explorer with niobium and REE assets. Comparable as a small-cap Canadian junior focused on critical minerals in Quebec — the same jurisdiction and commodity set as Rush's Boxi Property.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/RushRareMetals
• LinkedInlinkedin.com/company/rush-rare-metals-corp

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Subsidiaries1 record

Funding overview

Funding rounds1 record

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Rush Rare Metals