MONTREAL, June 05, 2017 (GLOBE NEWSWIRE) -- Quest Rare Minerals Ltd. (TSX:QRM) announced today
that as a cost-saving measure, it will apply for listing on the TSX Venture Exchange (“TSX-V”) and for voluntary delisting from the
Toronto Stock Exchange (“TSX”). Quest expects that the transition from the TSX to the TSX-V will be completed within the next
60 days in a seamless manner, in accordance with the streamlined listing procedures of the TSX-V for companies transferring
from the TSX, and that there will be no interruption in the ability of shareholders and investors to trade shares of Quest.
Quest will issue a subsequent news release in advance of its expected listing on the TSX-V and concurrent delisting from the TSX.
About Quest
Quest Rare Minerals Ltd. (“Quest”) is a Canadian-based company focused on becoming an integrated producer of
rare earth metal oxides and a significant participant in the rare earth elements (REE) material supply chain. Quest is led by a
management team with in-depth experience in chemical and metallurgical processing. Quest’s objective is the establishment of major
hydrometallurgical and refining facilities in Bécancour, Québec, to separate and produce strategically critical rare earth metal
oxides. These industrial facilities will process mineral concentrates extracted from Quest’s Strange Lake mining properties in
northern Québec and recycle lamp phosphors utilizing Quest’s efficient, eco-friendly “Selective Thermal Sulphation
(STS)”1 process.
1 Patent Pending
For information: Julie Masse Vice‑President, Communications Quest Rare Minerals Ltd. + 514‑878‑3551 info@questrareminerals.com