Canada Rare Earth Corp.

Rare Earth Metals announces that it will be conducting a non-brokered private placement of up to 8.9 million units at a price of $0.17 per Unit to raise proceeds of up to $1.5 million. Each Unit will consist of one flow-through common share and one half of a share purchase warrant with each full warrant entitling the holder to acquire one additional non-flow-through common share at a price of $0.22 per share for a period [...]