Feb 22 News release-Feb 22, 2022 Canada Rare Earth Corp. ("Canada Rare Earth" or the "Company") (TSX.V: LL) is actively responding to the urgent demands of international businesses and national governments for continuous, reliable supply of rare earths. The Company is enhancing its mineral supply chain capabilities with business operations and development activities in eight countries. Although customers and governments are concerned about the uncertainty of continuous supply, the demand for rare earths is strongand growing with the increasing use of new and leading-edge products and technologies. With assured supply, demand will grow substantially and will be supplied largely from the new stable and dependable sources. Rare earth products are critical to many industries, including industrial, consumer, medical and military applications. High profile examples include rare earths present in components integrated into electric vehicles, wind turbines, telecommunications, computers, medical equipment, cracking of oil, and military applications such as fighter jets and submarines. Tracy A. Moore, Chief Executive Officer, stated, "Our global footprint has been established and is continuing to expand in multiple countries with the simultaneous implementation of our three fundamental cornerstones: resource development utilizing multiple proprietary properties augmented with exceptional third party supply; development of value-add mid-stream processing facilities; and increasing essential mineral product sales to our solid and expanding customer base. Peter Shearing, Chief Operating Officer, added, "What differentiates us is that we are in business and actively sourcing, selling, and delivering critical minerals to our customers. We are aggressively expanding our supply base through corporate owned assets and third-party supply to meet the demands of existing and prospective customers with whom we have