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VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 07/14/11 — Quantum Rare Earth Developments Corp. (TSX VENTURE: QRE)(OTCQX: QREDF)(FRANKFURT: BR3) ("Quantum", the "Company") wishes to announce the granting of incentive stock options to its directors, officers, consultants and employees, under its Stock Option Plan, for the purchase of up to 325,000 common shares of the Company for a period of 3 years at a price of $0.30 per share.Quantum Rare Earth Developments Corp., based