BUTLER COMPLETES NAME CHANGE TO QUANTUM RARE EARTH DEVELOPMENTS CORP.

New trading symbol - QRE

March 4, 2010 – Vancouver, B.C.:  Quantum Rare Earth Developments Corp. (TSX.V – QRE) (“Quantum”, the “Company”), is pleased to announce the completion of the previously announce name change from Butler Resource Corp. (former symbol TSX.V – BTD).  Effective today, trading in the shares of Quantum commenced on the TSX Venture Exchange under the symbol “QRE”.

Look for the launch of www.quantumrareearth.com in the coming days!


Peter Dickie, President


Crutial to 21st Century technology, Rare Earth Elements are of great economic and strategic value. Butler Resource Corp has recently aquired the Archie Lake Rare Earth Element Property located 50 kilometres (“km”) east of Uranium City, Saskatchewan and 50 km south of Great Western Minerals Hoidas Lake REE Deposit. Historic exploration and results on the property returned significant concentrations of Rare Earth Elements (REEs). The property consists of one mineral claim covering an area of 2,108 hectares.