August 15, 2013 11:00 ET Provides Market Update and Information on Advantages to Mining Exploration and Development in the Province of Quebec

SAN DIEGO, CA--(Marketwired - Aug 15, 2013) - Inc. (PINKSHEETS: SNET) Pursuant to yesterday's press release has signed an agreement to acquire 100% interest in the Eldor Rare Earth Property Claims (Eldor Project) located in Northern Quebec, Canada. The Company expects to execute on this agreement with an initial payment prior to August 20th, 2013. The Eldor Project which adjoins the west boundary of Commerce Resources' Ashram Project which currently has a Preliminary Economic Assessment (PEA) with a Net Present Value (NPV) at a 10% discount rate of $2.32 billion, a pre-tax/pre-finance Internal Rate of Return (IRR) of 44%.

The Eldor Project consists of approximately 2438 acres including 21 claims and is located in Northern Quebec which is considered one of the most favorable mining jurisdictions in the world. may benefit as the property a designated as part of the "Plan Nord" for major economic, social and environmental development as announced by the Quebec Government. may also be eligible for a tax credit for exploration expenses incurred in the province of Québec including 35% of eligible exploration expenses incurred by non-operating corporations (38,75% when expenses which are incurred in Québec Near-North and Far-North). The Company intends to take advantages of these benefits in the future as moves forward on its plans for exploration on the Eldor Project.

About Inc.: is a U.S. based publicly traded exploration and development company with a focus on rare metals and rare earth elements which are among the primary input materials of technology in the 21st Century.

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