Canada Rare Earth Corporation

Canada Rare Earth Issues Stock Options

August 15, 2018

Canada Rare Earth Corp. (“Canada Rare Earth” or the “Company”) (TSX.V: LL) is pleased to announce that it has granted to an arm’s length consultant a stock option to purchase 3.4 million shares of the Company exercisable at  $0.065 per share until December 31, 2019 for services provided since June 1, 2017 and to be provided through December 31, 2019.

Tracy A. Moore, Chief Executive Officer of Canada Rare Earth explained, “the consultant has provided invaluable business development and liaison services to date and will continue to work on our behalf through December 31, 2019.”

On behalf of the Board

Tracy A. Moore, CEO and Peter Shearing, COO

"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." The information contained herein contains "forward-looking statements" within the meaning of applicable securities legislation.

For more information on the Company, interested parties should review the Company's filings that are available at www.sedar.com. 

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