BUTLER TO CHANGE NAME

Vancouver, British Columbia, February 25, 2010 – Butler Resource Corp. (the “Company”)(TSX.V – BTD) announces that subsequent to completion of the listing on Tier 2 of the TSX Venture Exchange (the “Exchange”), the Company intends to change its name, upon Exchange approval, to Quantum Rare Earth Developments Corp. to better reflect the focus of Company. 

Following the recent closing of the private placement (see NR February 24, 2010) the Company is well financed to complete recommended work on the 100% owned Archie Lake Rare Earth property located in Saskatchewan, and to pursue several other opportunities in the Rare Earth sector.

Peter Dickie, President of the Company states, “With our recent listing on the TSX Venture Exchange and closing of the private placement, we are now in a solid position to focus and grow the Company asset base.  We are currently planning extensive exploration efforts to develop the Archie Lake property and we continue to evaluate several potential acquisitions of quality Rare Earth projects.  We believe that by re-identifying the Company to Quantum Rare Earth Developments Corp., the Company is putting forth a strong statement to the investing public of the corporate focus moving forward”.

On Behalf of the Board,

“Peter Dickie”

Peter Dickie, President, CEO
For further information, contact Peter Dickie, President and CEO of the Company at 604-669-9330.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.