Mr. Peter Cashin reports

QUEST TO DELIST FROM NYSE MKT

Quest Rare Minerals Ltd. has sent a notice to New York Stock Exchange advising that Quest wishes to voluntarily delist from the NYSE in light of the significant costs associated with a stock exchange listing in the United States. Quest's common shares are listed and will continue to trade on the Toronto Stock Exchange.

Quest understands that the voluntary delisting from the NYSE will become effective on Feb. 18, 2015, that is in 20 days.