Quest Rare Minerals Appoints Anil Singh as Vice-President, Investor & Corporate Affairs
13 Febrero 2013 - 8:00AM
Marketwired
Quest Rare Minerals Ltd. (TSX:QRM)(NYSE MKT:QRM)(NYSE Amex:QRM) is
pleased to announce that Anil Singh will join Quest's marketing and
investor affairs team as Vice-President, Investor & Corporate
Affairs, effective February 18.
"We are delighted that Mr. Singh is joining the Quest Team,"
said Peter Cashin, Quest's President and Chief Executive Officer.
"Anil's academic background and his financial market experience,
acquired with exposure to numerous companies in the financial and
corporate development sectors, will be a significant asset to
Quest. His experience will greatly supplement Quest's strategic
marketing and corporate development plans as we move our Strange
Lake rare-earth project forward toward production."
Anil Singh has an Honours Bachelor degree in economics from the
University of Toronto and an MBA degree from the University of
Newcastle. Mr. Singh brings to Quest over seven years of experience
in the financial services and merchant banking sectors. He was
recently Vice President, Investment Banking with Foundation Markets
Inc.
Mr. Singh will lead Quest's investor affairs and marketing team
and will report directly to Peter Cashin.
Quest also announces that Mehdi Azodi has left Quest. Quest
thanks Mehdi for his important contribution in leading Quest's
investor relations activities as Director, Investor & Corporate
Affairs over the past two years and wishes him great success in his
future endeavours.
About Quest Rare Minerals
Quest Rare Minerals Ltd. ("Quest") is a Canadian-based
exploration company focused on the identification and discovery of
new and significant Rare Earth deposit opportunities. Quest is
publicly listed on the TSX and NYSE MKT as "QRM" and is led by a
highly-respected management and technical team with a proven
mine-finding track record. Quest is currently advancing several
high-potential projects in Canada's premier exploration areas: the
Strange Lake and the Misery Lake areas of northeastern Quebec.
Quest's 2009 exploration led to the discovery of a significant new
Rare Earth metal deposit, the B-Zone, on its Strange Lake property
in northeastern Quebec. Quest has filed a National Instrument
43-101 Indicated and Inferred Resource Estimate on the B-Zone
deposit and has completed a Preliminary Economic Assessment (PEA)
for the deposit. In addition, Quest announced the discovery of an
important new area of REE mineralization on its Misery Lake
project, approximately 120 km south of the Strange Lake project.
Quest continues to pursue high-value project opportunities
throughout North America. As a result of a marketed equity
financing completed in October 2010, Quest has a strong working
capital position of $26 million and is able to execute on its
project intentions. This amount is expected to be sufficient to
advance Quest's pre-feasibility and definitive feasibility studies
of the B-Zone REE deposit and to continue exploration on its other
rare earth properties.
Forward-Looking Statements
This news release contains statements that may constitute
"forward-looking information" or "forward-looking statements"
within the meaning of applicable Canadian and U.S. securities
legislation. Forward-looking information and statements may
include, among others, statements regarding the future plans,
costs, objectives or performance of Quest, or the assumptions
underlying any of the foregoing. In this news release, words such
as "may", "would", "could", "will", "likely", "believe", "expect",
"anticipate", "intend", "plan", "estimate" and similar words and
the negative form thereof are used to identify forward-looking
statements. Forward-looking statements should not be read as
guarantees of future performance or results, and will not
necessarily be accurate indications of whether, or the times at or
by which, such future performance will be achieved. No assurance
can be given that any events anticipated by the forward-looking
information will transpire or occur, or if any of them do so, what
benefits Quest will derive. Forward-looking statements and
information are based on information available at the time and/or
management's good-faith belief with respect to future events and
are subject to known or unknown risks, uncertainties, assumptions
and other unpredictable factors, many of which are beyond Quest's
control. These risks, uncertainties and assumptions include, but
are not limited to, those described under "Risk Factors" in Quest's
annual information form dated January 25, 2013, and under the
heading "Risk Factors" in Quest's Management's Discussion and
Analysis for the fiscal year ended October 31, 2012, both of which
are available on SEDAR at www.sedar.com and on EDGAR at
www.sec.gov, and could cause actual events or results to differ
materially from those projected in any forward-looking statements.
Quest does not intend, nor does Quest undertake any obligation, to
update or revise any forward-looking information or statements
contained in this news release to reflect subsequent information,
events or circumstances or otherwise, except if required by
applicable laws.
Contacts: Quest Rare Minerals Ltd. Peter J. Cashin President
& CEO (416) 916-0777 or 1-877-916-0777 (416) 916-0779
(FAX)info@questrareminerals.com www.questrareminerals.com
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