Canada Rare Earth Completes the Purchase and Sale of 90 Metric Tons of Concentrate and is on Schedule for Completion of an additional 380 Metric Tons in June 2017

VANCOUVER, BRITISH COLUMBIA--(Marketwired - May 17, 2017) - Canada Rare Earth Corp. (TSX VENTURE:LL) ("Canada Rare Earth" or the "Company") is pleased to announce continuing and increasing momentum in its rare earth concentrate trading business.