Canada Rare Earth Receives Strong Financial Commitment from Talaxis through a $1,500,000 Convertible Loan Facility

VANCOUVER, BC--(Marketwired - January 30, 2018) - Canada Rare Earth Corp. ("Canada Rare Earth" or the "Company") (TSX VENTURE: LL) is pleased to announce that it has entered into a $1,500,000 convertible loan facility with Talaxis Limited ("Talaxis" or the "Lender") as a component of the strategic business and financing arrangements with Talaxis announced on January 25, 2018.