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Matamec Explorations Receives $1.595 Million for Kipawa from Toyotsu

Rare Earth – Matamec Explorations Inc. (TSXV:MAT, OTCQX:MHREF) announced that they have received $1.595 million from Toyotsu Rare Earth Canada Inc. to help support development of the Kipawa mine project, with an eventual end goal of supplying Toyotsu heavy rare earths to produce hybrid and electric vehicles.