REE International Welcomes Francisco Burgos as Chief Financial Officer

BOSTON, MA--(Marketwire - Nov 16, 2011) - REE International, Inc. (PINKSHEETS: REEI) (the "Company"), a U.S. based mineral exploration company focused on the exploration and production of rare earth elements, today announces the appointment of Francisco Burgos as CFO, effective immediately. Mr. Burgos joins with significant expertise in the rare earth industry.

Mr. Burgos is of South American descent and has extensive experience dealing with South American governments and acting as a liaison with various Tantalum/Rare Earth purchasers in the Americas and Asia. Mr. Burgos' background includes accounting and financial analysis with both public and private companies.

Tom Mackay, CEO of REE International, stated, "Mr. Burgos is a key addition to the management team and further broadens our collective acumen. His experience within both the rare earth and financial industries is a rare blend and provides a strong advantage as we leverage our resources to capitalize on the rising demand for rare earths."

About REE International, Inc.

REE International, Inc. is a U.S. based mineral exploration company seeking to identify and build an inventory of mineral properties with a primary emphasis on South America. The Company will initially focus on the exploration, mining and sale of tantalum and niobium from their Santa Cruz property located in Venezuela. For more information, please visit our website at www.reeinternational.com.

Forward-Looking Statements

This Press Release contains certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements reflect the Company's current beliefs and are based upon information currently available to it. Accordingly, such forward-looking statements involve known and unknown risks, uncertainties and other factors which could cause the Company's actual results, performance or achievements to differ materially from those expressed in or implied by such statements. The Company undertakes no obligation to update or advise in the event of any change, addition or alteration to the information included in this Press Release including such forward-looking statements.