CANADA RARE EARTH CORP. announced the appointment of Bill Mcgregor as Managing Director Business Development for Southeast Asia and Australia. Mr. Mcgregor is a successful business development, corporate finance and capital raising specialist with transaction experience across Southeast Asia, Australia and Africa.

He is based in Singapore, works closely with the financing ecosystem that has developed there and now has an increasing focus on origination, development and financing of resource projects across Asia and Australia. In particular, he has recently focused on technology metals including lithium, nickel and rare earths. In prior years Mr. Mcgregor was involved in more conventional sectors including copper, gold and coal projects.

Mr. Mcgregor has originated and negotiated joint venture businesses with major resource houses including Vale, Anglo American and Ivanhoe Mines as well as many junior listed and private companies. Building on long experience, Mr. Mcgregor maintains strong links within the resources sector in Southeast Asian countries and Australia. Australia is already a global player in rare earths and he is seeking to also realize the potential of other countries in Asia -- both as suppliers and users.