Strategic Rare Earth Metals Releases Letter to Shareholders
September 18 2013 - 8:00AM
Strategic Rare Earth Metals, Inc. (OTC Markets:SREH) today released
an open letter to shareholders:
Dear fellow shareholders,
Strategic Rare Earth Metals finished the first two quarters on a
positive note having completed a capital restructuring earlier in
the first half of the year which provides for a strong foundation
on which to build. Since the time of the restructuring there has
been no dilution in the company's stock as the company seeks
funding that possesses acceptable terms. It remains the
Company's firm position that any funding instruments should contain
terms that minimize the impact on all shareholders as the company
executes its business plan.
Today's economic environment has created a large number of
business opportunities for companies that specialize in investments
and acquisitions. Management intends to lead the Company to
take advantage of the most favorable opportunities. We will be
looking to make acquisitions and investments on terms that are very
advantageous to SREH.
At present, Management is reviewing, as well as in discussions
with a number of acquisition and investment opportunities that are
being presented to us for consideration. Management believes
that the signing of an additional LOI is imminent in the very near
term, details of which will be released at the appropriate
time.
Bill Schaefer President Strategic Rare Earth Metals, Inc.
About Strategic Rare Earth Metals, Inc. (OTC Markets:SREH) –
Strategic Rare Earth Metals, Inc. is a publicly traded company
trading on the OTC Markets under the symbol SREH. For more
information about Strategic Rare Earth Metals, Inc., please visit
the Company's website at http://www.srehholdings.com
Forward-Looking Statement Any statements made in this press
release which are not historical facts contain certain
forward-looking statements; as such term is defined in the Private
Security Litigation Reform Act of 1995, concerning potential
developments affecting the business, prospects, financial condition
and other aspects of the company to which this release pertains.
The actual results of the specific items described in this release,
and the company's operations generally, may differ materially from
what is projected in such forward-looking statements. Although such
statements are based upon the best judgments of management of the
company as of the date of this release, significant deviations in
magnitude, timing and other factors may result from business risks
and uncertainties and other factors, many of which are beyond the
control of the company. The company disclaims any obligation to
update information contained in any forward-looking statement. This
press release shall not be deemed a general solicitation.
CONTACT: Bill Schaefer, President
562-453-7643
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