Canada Rare Earth Corporation

VANCOUVER, BRITISH COLUMBIA - Canada Rare Earth Corp. ("Canada Rare Earth" or the "Company") (TSX.V: LL) is pleased to announce the appointment of Moneta Advisory Partners (Vancouver) Corp. (“Moneta”) to provide investment banking services in support of the Company’s acquisition, development, and operational plans for its mining, processing, and supply chain.

Moneta will provide strategic corporate finance advice and coordinate fund raisings for the Company’s initiatives in South America and elsewhere as opportunities arise.  Moneta will also assist in augmenting Canada Rare Earth’s supply chain through introductions to industry participants.

Canada Rare Earth is leading the development of the Bom Futuro tailings asset in Brazil, which is known to contain tin as well as zircon, ilmenite and rare earths. The property is part of the historic Bom Futuro tin mine that produced 3% of the global tin supply over the past 30 years. The license for extraction is in hand and the property is being prepared for 15 years of operations.

Tracy A. Moore, chief executive officer of Canada Rare Earth, explained “we are pleased to be working closely with Moneta, a boutique investment bank based in Vancouver with global reach to financiers and complementary businesses in North and South America, Europe, Africa and Asia.”

Erin Campbell, ICD,D, Founder and Investment Banking Partner at Moneta, commented “we couldn’t be more thrilled to be working with Tracy and the team at Canada Rare Earth in support of fulfilling their compelling strategic and capital markets objectives.”

About Moneta

Moneta is a Canadian boutique investment banking advisory firm based in Vancouver, BC that specializes in driving value by supporting growth-stage companies plan for and execute major transactions including mergers and acquisitions, private placements, public offerings, obtaining debt, and other capital markets and divestiture / liquidity events. Moneta is proud to have a team with decades of experience across a wide array of sectors and verticals, including mining and minerals.

 
About Canada Rare Earth Corp.
Canada Rare Earth Corp. is developing an international integrated business focusing on essential and critical minerals, including rare earths. Our strategy is to generate revenues and positive cash flow as we acquire and develop our own properties and establish value-add processing capabilities.
 
Certain Information
The Company’s quarterly report (financial statements and management discussion and analysis) for the nine months ended December 31, 2022, was recently filed on SEDAR.com.
 
Certain information included herein and in the recent filing may constitute forward-looking statements within the meaning of applicable laws and regulations. These forward-looking statements are not guarantees of future performance and involve risks and uncertainties, which could cause actual results to differ materially from those anticipated. We expressly disclaim any obligation to update forward-looking statements, unless so required by applicable law, and readers should read this news release with the understanding that actual future results may be materially different from those expected.
 
Neither 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. Forward-looking statements in this release are made pursuant to the ‘safe harbour’ provisions of the Private Securities Litigation Reform act of 1995. Investors are cautioned that such forward-looking statements involve risks and uncertainties.
For more information on the Company, interested parties should review the Company's filings that are available at www.sedar.com.