Quest Rare Minerals Ltd. announced that Peter Cashin has relinquished his responsibilities as President & CEO of the company in order to focus on new mineral exploration opportunities. To facilitate an orderly transition, Mr. Cashin will remain a director of the company until the annual meeting of shareholders to be held on April 20, 2015. The executive leadership for this phase has been assigned to Pierre Lortie, Chairman of the Board of the company.

Dr. Dirk Naumann, company's Executive Vice-President, Development, will assume responsibility for the management of the project.