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VANCOUVER, BRITISH COLUMBIA--(Marketwire - Oct. 5, 2012) - Quantum Rare Earth Developments Corp. (TSX VENTURE:QRE)(OTCQX:QREDF)(FRANKFURT:BR3) ("Quantum" or the "Company") is pleased to announce that it has arranged, subject to regulatory approval, a non-brokered private placement consisting of up to 4,000,000 units (the "Units") at a price of $0.125 per Unit for gross proceeds of up to $500,000. |
