TORONTO, ONTARIO — (Marketwire) — 03/29/12 — REE Stocks Company Ltd. (REE Stocks) is pleased to announce the simultaneous launch of three indices focused on the Rare Earth Element (REE) industry: the REE Global Index, the REE Leaders Index, and the REE Shariah Index.
Tracy Weslosky, Managing Director of REE Stocks and CEO for Pro-Edge Consultants Inc. comments: “It-s about time we as investors had a trustworthy source for analysis of the global rare earth market(i). These three rare earth indices offer the only tool for investment in the rare earth element sector as a whole and are the ultimate way to benchmark the movement of the rare earth industry based on customized investor criteria. Our analysis for the inclusion of rare earth companies in the REE Indices is based on a propriety algorithm with a calculation framework that is objective and rules-based.” ((i) China and India excluded)
Objective and rules-based, the REE Indices serve as the headline indices for the global REE equity market and are customized to meet the needs of a diverse range of investors. REE Indices are offered as investment instruments and are calculated through precisely defined index calculation and maintenance. The process of determining inclusion and exclusion of REE companies- stocks in the REE Indices- universe involves thorough analysis of different sources and expert opinion rather than the companies- own statements, which ultimately ensures that the REE Indices remain independent and free from association with constituent companies and industry analyst groups.
For more information on the rules, calculation and maintenance of the REE Global Index, the REE Leaders Index, and the REE Shariah Index please contact, Tracy Weslosky.
Contacts:
REE Stocks Company Ltd.
Tracy Weslosky, Managing Director
(416) 581 0177 xt. 107 or
Toll Free in North America: 1 (866) 544 9622