Canada Rare Earth enters into an Agreement to Form a Joint Venture to Mine and Process Rare Earths in South America and Sell into the International Market

VANCOUVER, BC--(Marketwired - October 17, 2017) - Canada Rare Earth (TSX VENTURE: LL) is pleased to announce that it has entered into a Letter of Intent ("LOI") to form a joint venture ("JV") with the owners ("JV Partner") of an advanced, prospective rare earth property situated in South America (the "Property") that is owned outright by the JV Partner.