CANADA GAS COMPLETES NAME CHANGE & WELCOMES
BENOIT MOREAU AS TECHNICAL ADVISOR
Vancouver, British Columbia, Canada - February 28th, 2011 - Canada
Gas Corp. (TSX.V: CJC; FSE: YXEN; OTC-BB: CJCFF) ("Canada Gas" or
the "Company") announces that it has completed its
name change from Canada Gas Corp. to Canada Rare Earths Inc. Effective at
the commencement of trading on Tuesday March 1, 2011, the company's common
shares will begin trading under the new name. The company's trading symbol
will not change in connection with the name change.
In addition, the Company also welcomes Mr. Benoit Moreau P.Eng, MBA as a Technical Advisor.
Mr. Moreau has over 25 years experience in the mining industry as a
geologist (University of Montreal, 1982) and a mining engineer (Polytechnique of Montreal, 1985). As the founding and
former President of Geomega Resources Inc.
("Geomega," tsx.v:
GMA), Mr. Moreau is intricately familiar with the Montviel
Carbonatite complex and the potential of both Geomega and Canada Gas' land holdings. He has been a
member of the Ordre des Ingenieurs
du Quebec since 1985. He also holds an MBA (University of Quebec in
Montreal, 2000) and has been the Vice President of Exploration and a
Director of Otish Energy (tsx.v:
OEI) since February 2008.
President & CEO, Chad McMillan comments that, "We are proud
to reach this new milestone in becoming Canada Rare Earths Inc. This brand
aligns the pride of the Canadian exploration community with a strong focus
on this emerging critical metals sector. At the same time, we are also fortunate
to welcome Mr. Moreau to our technical advisory board. His experience and
early assistance to the Company have already proved invaluable and he is
very familiar with the potential of our rare earth project at Montviel."
For more information on Canada Rare Earths, please visit www.canadarareearths.com or call 604.685.5851.
Neither TSX Venture Exchange nor its Regulation Services Provider
(as that term is defined in the policies of the TSX Venture exchange)
accepts responsibility for the adequacy or accuracy of this release.
On Behalf of the
Board,
CANADA RARE EARTHS
INC.
Chad McMillan, B.A. (Cmns)
- President & Chief Executive Officer
This communication to shareholders and the public contains certain
forward-looking statements. Actual results may differ materially from those
indicated by such statements. All statements, other than statements of
historical fact, included herein, including, without limitations statements
regarding future production, are forward looking statements that involve
various risks and uncertainties. There can be no assurance that such
statements will prove to be accurate and actual results and future events
could differ materially from those anticipated in such statements. Neither
the TSX Venture Exchange nor its Regulation Services Provider (as that term
is defined in the policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this release.
|