Vancouver, British Columbia--(Newsfile Corp. - July 18, 2023) - RARE EARTH RIDGE CORP. (the "Company" or "Rare Earth Ridge"), reports that further to its news release dated July 6, 2023, the Company stated as a follow up to the July 2023 program, the Company has received approval from the BC government for a 1,800m drill permit. The Company should have stated that Rare Earth Ridge has an application for a 1,800m drill permit with the BC government and that prior to the approval and issuance of the permit, the Company is required to post a security deposit of $131,000, which it has not completed at this time.

About Rare Earth Ridge Resources

Rare Earth Ridge Resources Corp. is a Canadian junior mining exploration company with its 100% owned Mount Major Hart property located in British Columbia. The Company is focussed on rare earth elements and rare metals, particularly lithium and rubidium. More information can be found at the Company's website at www.rareearthridgeresources.com.

ON BEHALF OF RARE EARTH RIDGE RESOURCES CORP.

"Barry Miller"
President, CEO and Director
T: (778) 232-1878
E: barry@rareearthridge.com

Forward-Looking Information:

This press release may include forward-looking information within the meaning of Canadian securities legislation, concerning the business of Rare Earth Ridge. Forward-looking information is based on certain key expectations and assumptions made by the management of Rare Earth Ridge. In some cases, you can identify forward-looking statements by the use of words such as "will," "may," "would," "expect," "intend," "plan," "seek," "anticipate," "believe," "estimate," "predict," "potential," "continue," "likely," "could" and variations of these terms and similar expressions, or the negative of these terms or similar expressions. Although Rare Earth Ridge believes that the expectations and assumptions on which such forward-looking information is based are reasonable, undue reliance should not be placed on the forward-looking information because Rare Earth Ridge can give no assurance that they will prove to be correct.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/174044