Business
Rare Earth Metals Inc. Welcomes New Director, CFO
Jan. 18, 2011 (Filing Services Canada) -- Rare Earth Metals Inc. (RA - TSX Venture),is pleased ...
About this update from Canada Rare Earth Corp.
[{"type":"text","content":"\nRare Earth Metals Inc. Welcomes New Director, CFO\n\n\n Jan. 18, 2011 (Filing Services Canada) -- Rare Earth Metals Inc. (RA - TSX Venture),is pleased to announce that Mr. Clint Barr has joined the Board of Directors of the Company.  A qualified Professional Geologist with over 20 years experience from grassroots to advanced projects, Mr. Barr brings to the Company extensive knowledge of various mineral deposit models in both geological as well as political environments.  The Company is also pleased to announce that Mr. Evan Asselstine has been appointed Chief Financial Officer for the Company.  A Chartered Accountant since 2002, Mr. Asselstine is the CFO for Benton Resources Corp and the Controller for Metals Creek Resources Corp.   The Company also announces that, subject to regulatory approval, it has granted 2,725,000 stock options to directors, officers, employees and consultants of the Company.  These options will be exercisable at $0.37 for a period of five (5) years from the date of granting.  About Rare Earth Metals Inc.Rare Earth Metals is a well funded company with a focus on exploring for Rare Earth Element deposits. The Company presently has two advanced projects in Ontario and Newfoundland and Labrador, all exhibiting multi element potential (REEs, Niobium, Beryllium, Zirconium and Iron Ore) and proximity to available infrastructure. Its flagship properties are the Clay-Howells Prospect and the Red Wine Project. Additional information concerning the Corporation is contained in documents filed by the Corporation with securities regulators, available under the company's profile at www.sedar.com. Investors are invited to visit the Rare Earth Metals web site at www.rareearthmetals.ca.ON BEHALF OF THE BOARD OF DIRECTORS OF RARE EARTH METALS INC.:\"Michael Stares\" President and CEO\"Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.\"This 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 production, reserve potential, exploration drilling, exploitation activities and events or d...