File: Attachment CRECNRAPR06.pdf

HEAD OFFICE Suite 2110 - 650 West Georgia St.

Vancouver, BC V6B 4N8 Tel +1 604 638 8886

www.canadarareearth.com

TSX.V: LL

Canada Rare Earth Provides Corporate Update

Vancouver, BC April 6, 2026 Canada Rare Earth Corp. ("Canada Rare Earth" or the "Company") (TSX.V: LL) is pleased to announce that the British Columbia Securities Commission (the "BCSC") has revoked the cease trade order (the "CTO") that was issued against the Company on March 6, 2026.

As announced in the Company's news release dated March 23, 2026, the CTO was issued as a result of the Company's failure to file its interim financial statements, management's discussion and analysis, and related CEO and CFO certifications for the period ended December 31, 2025 (collectively, the "Required Filings") by the prescribed filing deadline of March 2, 2026. The Company has now completed and filed the Required Filings, and the BCSC has revoked the CTO effective April 2, 2026.

The Company notes that trading in its common shares on the TSX Venture Exchange (the "Exchange") remains halted. The revocation of the CTO does not result in an automatic reinstatement of trading. The Company is working with the Exchange toward a resumption of trading in its common shares and will be required to satisfy the Exchange's reinstatement requirements before trading can resume. There can be no assurance as to the timing of the reinstatement of trading.

The Company will provide further updates as developments warrant.

About Canada Rare Earth Corp. Canada Rare Earth Corp. operates a global essential minerals business in rare earth minerals and products. The Company's strategy focuses on leveraging near-term positive cash flow opportunities to support growth, including acquiring and developing proprietary projects, resources, and processing capabilities.

Cautionary Note Regarding Forward-Looking Information This news release contains forward-looking statements within the meaning of applicable Canadian securities laws, including statements regarding the Company's intention to work with the Exchange toward a resumption of trading. These forward-looking statements involve known and unknown risks and uncertainties, including the Company's ability to satisfy the Exchange's reinstatement requirements, and actual results may differ materially from those anticipated. The Company undertakes no obligation to update forward-looking information except as required by applicable securities laws.

FOR FURTHER INFORMATION, PLEASE CONTACT: Peter Shearing, Chief Executive Officer pshearing@canadarareearth.com Telephone: (604) 638-8886 Website: www.canadarareearth.com