Universal Apparel and Textile Co. (DKGR)

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Strategic Rare Earth Metals Announces Letter of Intent



HENDERSON, Nev., June 11, 2013 (GLOBE NEWSWIRE) -- Strategic Rare Earth Metals, Inc. (OTC Markets:SREH) announced today that the company recently entered into a Letter of Intent with BC Blades.

Under terms of the Letter of Intent, Strategic Rare Earth Metals, Inc. will acquire a ten percent (10%) equity position in BC Blades. BC Blades has created the only quick change, no tools required skate on the market today.

Bill Schaefer, newly appointed President of Strategic Rare Earth Metals, Inc., stated, "I am very excited about today's announcement and the underlying value that such an investment will mean to SREH shareholders. At first glance, some may not fully grasp nor understand the inherent value such a timely and strategic investment into BC Blades holds for our Company."

Read more at http://www.stockhouse.com/news/press-releases/2013/06/11/strategic-rare-earth-metals-announces-letter-of-intent#1mCrhfvBCIvdquIg.99