Innovation Metals Corp. Launches Chinese and Japanese Language Websites

TORONTO, May 3, 2012 /PRNewswire/ -- Innovation Metals Corp. ("IMC"), developers of the world's first independent, centralized rare-earth element separation facilities, today announced the debut of two new local-language websites for Chinese and Japanese audiences.

The Chinese-language website can be found at http://www.innovationmetals.com/zh-hans, and the Japanese-language site at http://www.innovationmetals.com/ja. The localized websites can also be accessed via language selectors on each page of IMC's main website at http://www.innovationmetals.com.

"The majority of the world's demand for rare earths comes from the Chinese and Japanese markets," said Patrick Wong, CEO of IMC. "We felt it important that we be able to communicate our vision and strategy directly to end-users of rare earths and other interested parties in China and Japan."

"The current issues faced by the rare-earth supply chain are global in nature," commented Gareth Hatch, President of IMC. "In addition to working with industry participants in North America, where we plan to build our heavy-rare-earth separation facility, we anticipate working with producers, end-users and government stockpile managers in Asia and in Europe as well."

Additional local-language websites are planned for launch later in 2012.

About Innovation Metals Corp.

Innovation Metals Corp. ("IMC") is a private Canadian-based company, founded in 2011, to provide downstream processing and marketing services to the rare-earth sector. IMC's goal is to alleviate the bottleneck that has formed in the rare-earth supply chain, through the creation of the world's first independent, centralized rare-earth separation facilities. The company intends to bridge the gap between producers and end-users via the creation of a Consortium, through which it will provide low-cost material tolling programs to producers, and assuring security of supply for end-users. IMC is also developing innovative trading platforms, to further increase the opportunities within the rare-earth sector for traders.

Forward-Looking Statements

This news release contains projections and statements that may constitute "forward-looking statements" within the meaning of applicable Canadian and United States laws. Forward-looking statements in this release may include, among others, statements regarding the future plans, costs, objectives or performance of Innovation Metals Corp. ("IMC"), or the assumptions underlying any of the foregoing. In this news release, words such as "may," "could," "would," "will," "likely," "believe," "expect," "anticipate," "intend," "plan," "goal," "estimate" and similar words and the negative forms thereof are used to identify forward-looking statements. Forward-looking statements are subject to known and unknown risks, uncertainties and other factors that are beyond IMC's control, and which may cause the actual results, level of activity, performance or achievements of IMC to be materially different from those expressed or implied by such forward-looking statements. Such risks and uncertainties could cause actual results and IMC's plans and objectives to differ materially from those expressed in the forward-looking information. IMC can offer no assurance that its plans will be completed. These and all subsequent written and oral forward-looking information are based on estimates and opinions of management on the dates they are made and expressly qualified in their entirety by this notice. Except as required by law, IMC assumes no obligation to update forward-looking information should circumstances or management's estimates or opinions change.

Contact:

Mr. Patrick Wong, CEO
Innovation Metals Corp.
Telephone: +1-416-477-2412
Email: [email protected]
Web: http://www.innovationmetals.com

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SOURCE Innovation Metals Corp.