Tantalus Rare Earths AG

EANS-News: Tantalus Rare Earths AG
Board appointments

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Board of Directors (Appointments and Changes)/Board appointments


Düsseldorf (euro adhoc) - Tantalus Rare Earths AG
Board appointments
(Tantalus Rare Earths AG, Düsseldorf, 15th July 2011) The Directors of Tantalus
Rare Earths AG ("TRE"), the German exploration company exploring a primary
bedrock rare earth mineralisation and a very extensive, secondary rare earth
mineralisation at surface in north-western Madagascar, are pleased to announce
the appointment of the following individuals to its Management Board:

Lee Goldsmith, Executive Director
After graduating in law (LLB Law), he worked from 1981 to 1984 as an assistant
solicitor at Norton Rose.  He then held an in-house legal position at Ladbroke
Group Plc/Hilton Hotels, before becoming a partner in the Simpkins Partnership,
and from 1996 to 2001 he was a partner of Goldsmiths Solicitors. He is currently
working as a consultant for Blake Lapthorn. He is also a Solicitor of the
Supreme Court in England and Wales and formerly the Chairman of the supervisory
board of TRE to 30 June 2011.

Paul Loudon, Executive Director
Paul Loudon is a mining analyst with more than 25 years' experience in
stockbroking, corporate finance and the management of junior mining and
exploration companies. He has been President of Battlefields Minerals
Corporation of Toronto and President and Chief Operating Officer of BDI Mining
Corp.  Paul has also been Head of Equities at Loeb Aron & Company Limited, a
London-based corporate finance house specialising in the mining sector, where he
was responsible for raising considerable sums of equity capital for resource
companies listed in the UK, Canada and Australia.  Mr Loudon is currently
Managing Director and Chief Executive Officer of DiamondCorp Plc, an AIM listed
emerging diamond producer with operations in South Africa and Botswana and
Non-Executive Chairman of URU Minerals Limited.

Philip Gray, Executive Director
Philip Gray has a Masters Degree from Lancaster University Business School and a
Diploma in Management Studies from the University of Westminster.  He is a
Member of the Society of Trust & Estate Practitioners as well as a number of
other professional bodies.  Philip is a Fellow of the Institute of Directors and
has a wealth of international boardroom experience, having been a director of
various operating entities listed on the UK, Zurich and Johannesburg stock
exchanges and Chairman of companies listed on the Mumbai, Australia and Botswana
stock exchanges. He has over 30 years international experience in investment
banking focussing on investment management and stockbroking, having been
Managing Director of GT Management Asia, Executive Chairman of HSBC James Capel
Asia Limited and Chairman of Imara Holdings, a listed Pan African financial
services group.  He has also been Chairman of several professional bodies such
as the Hong Kong Unit Trust Association, the Hong Kong Society of Investment
Analysts and the Society of Technical Analysts. Philip was a member of the Unit
Trust Committee and Takeover Panel of the Hong Kong Securities and Futures
Commission ("SFC") and was a Hong Kong Government Appointee to the SFC's
Advisory Committee.  He is also Chairman of Hydrotech International, an ASX
listed industrial company, as well as several hedge funds and he also runs a
family office.

Commenting on the recent appointments to TRE's Management Board, Ivan Murphy,
Executive Director of TRE said:

"We are delighted to welcome Paul Loudon, Philip Gray and Lee Goldsmith to our
Management Board. Their respective experience and skillset further strengthens
and compliments that of our existingManagement and Supervisory Boards and will
be valuable during TRE's next phase of development."


Notes to Editors
TRE is a German incorporated holding company whose subsidiaries are engaged in
the exploration and development of rare earths. TRE's shares are quoted on the
Open Market of the Frankfurt Stock Exchange.

TRE's principal asset is an exploration project located in north-western
Madagascar and comprises rare earth-tantalum-niobium-zirconium-hafnium enriched
dykes and sills and Rare Earth Element ("REE") bearing argillaceous laterites
derived from the weathering of underlying alkaline intrusives.

There are early indications that most of the alkaline intrusive bodies within
the concession are overlain by REE bearing argillaceous laterites. TRE is
therefore considering the whole area underlain by alkaline intrusives (150 to
170 sq km) as prospective for secondary REE mineralisation in the weathering
crust.

The exploration programme aims to define the primary (vein/skarn hosted) and
secondary (argillaceous laterites) mineralisation present on the concession
towards a NI 43-101 compliant mineral resource estimate and support a detailed
feasibility study towards mine development and production.

Tantalus Rare Earths AG
Berliner Allee 12
40212 Düsseldorf
Deutschland
Telephone:  + 49 (0) 211 52391 430
Fax:            + 49 (0) 211 52391 200
e-Mail: contact@tre-ag.com
Internet: http://www.tre-ag.com/


Further inquiry note:
For further information contact:
Ivan Murphy, Executive Director            Tel: +44 (0) 20 3214 9930
Ana Ribeiro Blythe Weigh Communications    Tel: +44 (0) 207 138 3206 
                                           or   +44 (0) 7980 321 505

end of announcement                               euro adhoc 
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company:     Tantalus Rare Earths AG
             Berliner Allee 12
             D-40212 Düsseldorf
phone:       +49 (0)211 52391 430
FAX:         +49 (0)211 52391 200
mail:        contact [at] tre-ag.com
WWW:      http://www.tre-ag.com
sector:      Holding companies
ISIN:        DE000A0SMSL4, DE000A1KRQE7
indexes:     
stockmarkets: free trade/entry standard: Frankfurt 
language:   English
 



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