EDITOR: | February 7th, 2013

Rare Earth Metals Inc. Announces Company Name Change

| February 07, 2013 | No Comments

creclogoLRGFebruary 7, 2013 (Source: Marketwire) Vancouver, BC — Canada Rare Earth Corp.(TSX VENTURE:LL) is pleased to announce a change in name from Rare Earth Metals Inc. to Canada Rare Earth Corp. effective immediately.

Canada Rare Earth Corp. is developing a vertically integrated business within the global rare earth industry in conjunction with CEC Rare Earth Corporation. (“REC”). The relationship with REC provides the Company with access to REC’s experienced personnel as well as its business model which includes a full spectrum of the rare earth industry including the designing, building and establishment of operations for rare earth refineries outside of China as well as the ongoing sales and marketing of refined rare earths. In addition to its relationship to REC, the Company presently has several rare earth properties exhibiting multi element potential (rare earths, Niobium, Beryllium, Zirconium and Iron Ore). Additional information concerning the Company is contained in documents filed by the Company with securities regulators, available under the Company’s profile at www.sedar.com. For more information, please visit the Canada Rare Earth Corp. web site at www.canadarareearth.com.



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