Seymour Ventures Corp.

July 12, 2011 20:00 ET

Seymour Ventures to Change Its Name to Rare Earth Industries Ltd.

VANCOUVER, BRITISH COLUMBIA--(Marketwire - July 12, 2011) - Seymour Ventures Corp. ("Seymour" or the "Company") (TSX VENTURE:SEY) announces that it has received all necessary shareholder and regulatory approvals to change its name to Rare Earth Industries Ltd., effective July 13, 2011. Effective at the open of the market on July 13, 2011, the Company will commence trading under the new symbol "RND".


Seymour Ventures through its wholly-owned subsidiary, Rare Earth Industries Ltd. (REI), is a mineral exploration company that is focused on building an industrial enterprise focused on the high-value processing and separations of rare earth elements and rare metals. The Company was formed by executives from the fields of specialized rare earths geology, mine development, chemical processing, and marketing and distribution of finished rare earths products. REI is focused on developing an environmentally sustainable supply chain for rare earths and rare metals sourced entirely outside of China. Rare earth elements are used in magnets for electric vehicles, display screens for electronics, rechargeable batteries and other high-demand products. REI's parent company, Seymour Ventures, is publicly traded on the TSX Venture Exchange under the symbol SEY.

This news release includes forward-looking statements that are subject to risks and uncertainties. All statements within, other than statements of historical fact, are to be considered forward looking. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, exploitation and exploration successes, continued availability of capital and financing, and general economic, market or business conditions. There can be no assurances that such statements will prove accurate and, therefore, readers are advised to rely on their own evaluation of such uncertainties. We do not assume any obligation to update any forward-looking 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.

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