Jack Lifton Hired as Advisor/Consultant for Rare Earth Metals Inc.
June 09 2011 - 8:30AM
Marketwired
Rare Earth Metals Inc. ("Rare Earth Metals", "RA" or the "Company")
(TSX VENTURE: RA)(OTCQX: RAREF) is pleased to announce that Jack
Lifton will join the Company as an advisor/consultant to help raise
the Company's visibility in the market, as well as to advise on
corporate strategic matters. Mr. Lifton is a Founding Principal of
Technology Metals Research, LLC. He is also, as Jack Lifton LLC, a
consultant, author and lecturer on the market fundamentals of the
technology metals, a term that he coined to describe those
strategic rare metals whose electronic properties make our
technological society possible. These include the rare earths,
lithium and most of the rare by-product metals.
Educated as a physical chemist and specializing in
high-temperature metallurgy, Jack was a researcher in the
electronic properties of materials before becoming both a marketing
and manufacturing executive. Finally, he became a metals trader
specializing in the field of technology metals and of precious and
rare metals. Today, after 49 years of industry involvement, he
advises the global mining and refining industries, the OEM high
tech industry, and the global institutional-investment community,
on the natural resource issues that impact either a proposed
business model or a high-volume high-tech product manufacturing
plan. His work today is principally as a due-diligence consultant
for institutional investors, looking into opportunities where rare
and technology metals availability are a factor in determining the
probability of commercial success of a metals dependent venture.
Jack is a Senior Fellow of the Institute for the Analysis of Global
Security. Mr. Lifton may be reached via jacklifton@aol.com.
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's shares are
listed on the TSX-V exchange under the symbol RA and the OTCQX
exchange under the symbol RAREF. 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 Company is
contained in documents filed by the Company with securities
regulators, available under the Company's profile at www.sedar.com.
For more information please 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
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 developments that the Company expects are
forward-looking statements. Although the Company believes the
expectations expressed in such forward-looking statements are based
on reasonable assumptions, such statements are not guarantees of
future performance and actual results or developments may differ
materially from those in the forward-looking statements. Factors
that could cause actual results to differ materially from those in
forward-looking statements include market prices, exploitation and
exploration successes, continued availability of capital and
financing, and general economic, market or business conditions.
Investors are cautioned that any such statements are not guarantees
of future performance and those actual results or developments may
differ materially from those projected in the forward-looking
statements. For more information on the Company, Investors should
review the Company's filings that are available at
www.sedar.com.
Company information distributed through the Market Access
Program is based upon information that Standard & Poor's
considers to be reliable, but neither Standard & Poor's nor its
affiliates warrant its completeness or accuracy, and it should not
be relied upon as such. This material is not intended as an offer
or solicitation for the purchase or sale of any security or other
financial instrument.
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.
Contacts: Rare Earth Metals Inc. Michael Stares President and
CEO (807) 623-6840 (807) 623-9526 (FAX) Rare Earth Metals Inc. Nick
Vermeulen Consultant (807) 623-6840 or Cell: (604) 741-4150 (807)
623-9526 (FAX) nick@rareearthmetals.ca www.RareEarthMetals.ca
Standard and Poor's Customer Contact: Richard Albanese (212)
438-3647 richard_albanese@standardandpoors.com Standard and Poor's
Media Relations Contact: Michael Privitera (212) 438-6679
michael_privitera@standardandpoors.com
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