DGAP-Ad hoc: Tantalus Rare Earths AG

DGAP-Adhoc: Tantalus Rare Earths AG: Revocation of admittance of shares for trading in the market segment 'Primärmarkt' of the Open Market of Düsseldorf Stock Exchange and application for termination of listing of Tantalus shares in the general Open Market of Düsseldorf Stock Exchange

Tantalus Rare Earths AG / Key word(s): Delisting

21.10.2016 12:47

Disclosure of an inside information according to Article 17 MAR, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement.

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Ad-hoc-Notice

Revocation of admittance of shares for trading in the market segment "Primärmarkt" of the Open Market of Düsseldorf Stock Exchange and application for termination of listing of Tantalus shares in the general Open Market of Düsseldorf Stock Exchange

Munich, 21 October 2016

The Management Board of Tantalus Rare Earths AG has decided today to apply for the revocation of the admittance of shares of Tantalus Rare Earths AG (ISIN DE000A1MMFF4) for trading in the market segment "Primärmarkt" of the Open Market of Düsseldorf Stock Exchange according to sec. 19 para. 4 of the general terms and conditions of Düsseldorf Stock Exchange AG for the Open Market of Düsseldorf Stock Exchange. The Management Board will transmit a respective revocation to Düsseldorf Stock Exchange AG at short notice. The grace period until the revocation becoming effective shall be one month after the end of the month in which the application has been made.

The Management Board expects the Düsseldorf Stock Exchange to terminate the trading of Tantalus shares (ISIN DE000A1MMFF4) according to sec. 19 para. 5 of the general terms and conditions of Düsseldorf Stock Exchange AG for the Open Market of Düsseldorf Stock Exchange immediately after the revocation in the "Primärmarkt" has come into effect and to include the shares to the general Open Market.

The Management Board of Tantalus Rare Earths AG has also decided today to apply for a termination of listing of shares of Tantalus Rare Earths AG (ISIN DE000A1MMFF4) in the general Open Market of Düsseldorf Stock Exchange according to sec. 7 of the general terms and conditions of Düsseldorf Stock Exchange AG for the Open Market of Düsseldorf Stock Exchange. The Management Board will transmit a respective application to Düsseldorf Stock Exchange AG at short notice. The grace period until the termination of listing becoming effective shall be six months after the end of the month in which the application has been made.

The Management Board expects that the Düsseldorf Stock Exchange terminates the trading of shares immediately after the suspension of listing in the general Open Market has come into force.

The Düsseldorf Stock Exchange also has to examine if the requirements for the revocation of the admittance of shares in the market segment "Primärmarkt" of the Open Market according to sec 19 para. 2 of the general terms and conditions of Düsseldorf Stock Exchange AG for the Open Market of Düsseldorf Stock Exchange and the termination of listing of shares in the general Open Market of Düsseldorf Stock Exchange according to sec. 7 para. 1 sentence 3 of the general terms and conditions of Düsseldorf Stock Exchange AG for the Open Market of Düsseldorf Stock Exchange have been fulfilled.

The agreed sales process with Apphia Minerals SOF PTE. Ltd. concerning the shares of Tantalum Holding (Mauritius) Limited is further running according to the terms agreed upon the Extraordinary General Meeting on 11th April 2016. The coming application for revocation of the admittance of shares of Tantalus Rare Earths AG in the market segment "Primärmarkt" of the Open Market and the coming application for the termination of listing of shares of Tantalus Rare Earths AG in the general Open Market have no influences on this sales process.

Tantalus Rare Earths AG Management Board

About Tantalus Rare Earths AG

Tantalus Rare Earths AG (ISIN DE000A1MMFF4) is a Germany-based company that has been engaged in the development of rare earths in Madagascar. As previously announced the Company has agreed to sell the said rare earths development project. Tantalus's shares are quoted on the "Primärmarkt" of the Düsseldorf Stock Exchange.

For further information please contact

Markus Kivimäki, EVP, Tantalus Rare Earths AG Tel.: +358 503 495 687 Markus.kivimaki@tre-ag.com

German media contact

rikutis consulting Falk v. Kriegsheim Tel.: +49 172 9837109 fvk@rikutis.de

21.10.2016 The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de

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