Quest Provides Default Status Report

February 14, 2017

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MONTREAL, QUEBEC–(Marketwired – Feb. 14, 2017) – Quest Rare Minerals Ltd. (TSX:QRM) (Quest) is providing this bi-weekly default status report in accordance with National Policy 12-203 Cease Trade Orders for Continuous Disclosure Defaults. On January 31, 2017, Quest announced by way of press release that Quest’s management’s discussion and analysis for the fiscal year ended October 31, 2016 (“MD&A“) and annual information form for the fiscal year ended October 31, 2016 (“AIF“), filed on SEDAR on January 24 and January 25, 2017, respectively, did not comply in certain respects with National Instrument 51-102 Continuous Disclosure Obligations and National Instrument 43-101 Standards of Disclosure for Mineral Projects, particularly as they relate to the Corporation’s Strange Lake project, and that in order to rectify any deficiencies, Quest intended to file an amended MD&A and amended AIF on SEDAR as well as an updated independent technical report on the Strange Lake project in early March 2017.

Category: General