Canada Rare Earth Corporation announce the appointment of Mr. Christopher F. Goodman to the board of directors of the company. Chris has an extensive background in commodity trading, international business development and natural resource procurement. He held senior management positions with Trafigura, Mercuria Energy and Noble Group in this regard.

Much of his experience relates to global trading and to managing multiple complex projects in demanding, fast-paced and deadline-driven work environments. Chris is a proven leader and mentor in building and motivating high performing cross- functional/multicultural teams. Chris is a non-executive director of MHM Metals Limited a company listed on the ASX. The company announced resignation of Mr. Michael Stares from board of directors.

Mick was the Chief Executive Officer of the company until September 2012 when the Company began its transition to developing an integrated business within the global rare earth industry.