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REE International Acquires Rare Earth Property With Estimated Value of $10 Million 0

BOSTON, MA — (Marketwire) — 03/20/12 — REE International, Inc. (PINKSHEETS: REEI) (the "Company"), a U.S.-based mineral exploration company focused on the exploration and production of rare earth elements, today announces the acquisition of a rare earth property in Port-e-Kiatuma, Guyana. REE International recently received approval to conduct business in Guyana by the Guyana Geology and Mines Commission.The newly acquired property covers 44 square miles with over 200 concessions.

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