Mr. Peter Cashin reports

PIERRE LORTIE APPOINTED CHAIRMAN OF QUEST RARE MINERALS

Quest Rare Minerals Ltd. has appointed Pierre Lortie as chairman of the board.

The appointment of Mr. Lortie follows the resignation of Robert L. Leclerc as chairman of the board and as a director of Quest for personal reasons. Mr. Leclerc served as Quest's chairman since 2010. The board of directors of Quest sincerely thanks Mr. Leclerc for his dedicated service and for the significant contribution he made to Quest.

Mr. Lortie is a senior business adviser at Dentons, a major international law firm. He is a director of Element Financial Corp., Canam Group Inc. and Lamelee Iron Ore Ltd. Mr. Lortie joined Dentons after a distinguished career as a corporate leader, serving as president and chief operating officer of Bombardier Transportation, president and chief operating officer of Bombardier Capital, president and chief operating officer of Bombardier International, and president of Bombardier Aerospace, regional aircraft. He was chairman, president and chief executive officer of Provigo Inc., president and chief executive officer of the Montreal Stock Exchange, and a senior partner of Secor Inc. Mr. Lortie received an MBA with honours from the University of Chicago, a licence in applied economics from Universite Louvain in Belgium and a bachelor's degree in applied sciences (engineering physics) from Universite Laval, Quebec City. He was awarded a doctorate honoris causa in civil law from Bishop's University, Lennoxville, Que. He was elected fellow of the Canadian Academy of Engineering in 1988 and he was appointed member of the Order of Canada in 2001. Mr. Lortie holds the ICD.D designation granted by the Institute of Corporate Directors. He has been a director of Quest since May, 2014.