Keywords : Canada | Niobium |

Greetings!

Quantum is pleased to announce that it has entered into an agreement to option out the Australian properties to concentrate on its Elk Creek, Nebraska Niobium and Rare Earth project.

This is an important step forward for Quantum as the Australian assets will now receive the proper exploration efforts from the local optionees, and Quantum will retain a sizeable interest in the property and recoup acquisition and exploratory costs incurred to date.

If you have any further questions regarding this release or any other aspect of Quantum, please feel free to contact the company at 604.568.7365 or

1.877.385.0345.

Shawn Westcott

Corporate Communications

Quantum Rare Earth Developments Corp

Telephone 604.568.7365

US and Canada 1.877.385.0345

Cell 604.365.6681

www.quantumrareearth.com

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Quantum Rare Earth Developments Corp.


	CODE : QRE.V
	ISIN : CA6544841043

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Quantum Rare Earth is a exploration company based in Canada.

Quantum Rare Earth holds various exploration projects in USA.

Its main exploration property is EEL CREEK in USA.

Quantum Rare Earth is listed in Canada. Its market capitalisation is CA$ 12.5 millions as of today (US$ 11.4 millions, € 8.5 millions).

Its stock quote reached its lowest recent point on February 13, 2009 at CA$ 0.01, and its highest recent level on March 04, 2011 at CA$ 0.72.

Quantum Rare Earth has 89 112 000 shares outstanding.

Legends
	Production
	Mine development
	Discovery
	Exploration
	Past producer
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Quantum Rare Earth Developments Corp.

options out Australian properties

Quantum Rare Earth Developments Corp.