TORONTO, ONTARIO -- (Marketwired) -- 04/23/14

Quest Rare Minerals Ltd. (TSX:QRM)(NYSE MKT:QRM) is pleased to announce that all of the nominees listed in its management proxy circular dated March 12, 2014 were re-elected as directors at Quest's annual meeting of shareholders held on April 17, 2014 in Montreal.

At the meeting, a ballot was conducted for the election of directors. According to proxies received and ballots cast, the following individuals were re-elected as directors of Quest, with the following results:

                                                              Votes         
Name of Nominee                      Votes for        %    Withheld        %
----------------------------------------------------------------------------
Peter J. Cashin                      4,596,160    93.97     295,006     6.03
Robert L. Leclerc                    4,610,848    94.27     280,317     5.73
Ronny Kay                            4,622,228    94.50     268,938     5.50
John Panneton                        4,622,864    94.51     268,301     5.49
Michael Pesner                       4,616,241    94.38     274,924     5.62
George Potter                        4,587,055    93.79     304,110     6.27
Neil Wiener                          4,606,230    94.17     284,935     5.83

Director biographies are available in the Company/Board of Directors section of Quest's website at www.questrareminerals.com.

At the annual meeting, Quest's shareholders also re-appointed Ernst & Young LLP as Quest's auditors.

About Quest

Quest Rare Minerals Ltd. ("Quest") is an integrated Canadian-based development company focused on the advancement of its flagship Strange Lake property (rare earth-zirconium-niobium) in northeastern Quebec and the construction of a processing facility in Becancour, Quebec. Quest is publicly listed on the TSX and NYSE MKT as "QRM" and is led by a highly-experienced management and technical team with a proven track record. Quest believes that its Strange Lake project has the potential to become an important long-term supplier of rare earth elements (REE). In addition, Quest has 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 in northeastern Quebec, and is advancing the Misery Lake project. Quest continues to pursue high-value project opportunities throughout North America.

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