MONTREAL, Aug. 04, 2017 (GLOBE NEWSWIRE) -- Quest Rare Minerals Ltd. (TSX:QRM) announced
that on August 3, 2017, the Superior Court of Québec granted Quest Rare Minerals’ motion for an extension of the delay to
file a proposal pursuant to the provisions of Part III of the Bankruptcy and Insolvency Act, thereby extending the delay
to file such proposal by an additional 45 days, up to and including September 18, 2017. This is the first extension granted
to Quest in the context of the Notice of Intention to File a Proposal filed by Quest on July 5, 2017.
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 Patented
For information: Julie Masse Vice‑President, Communications Quest Rare Minerals Ltd. +514 228-0377 info@questrareminerals.com
