Tantalus Rare Earths AG: Capital Increase

Tantalus Rare Earths AG (Düsseldorf, 2011/05/31)

Capital Increase of Tantalus Rare Earths AG

Düsseldorf, 31.05.2011 - The board of directors of Tantalus Rare Earths AG passed a resolution with the approval of the supervisory board on April 11th 2011, that the share capital of the company of currently 2.174.719 EUR, which is divided in 2.174.719 ordinary bearer shares with a nominal share value of 1,00 EUR, will be raised by up to 200.000 EUR to 2.374.719 EUR by cash deposit. The issue price per share is 1,00 EUR, plus an upcharge of 24,00 EUR, this means 25,00 EUR in total per share.

The capital increase of 176.247,00 EUR through the issue of 176.247 new ordinary bearer shares was approved by the commercial court on 23 May 2011.

The increase of the capital was registered with the commercial register on May 23rd 2011. The share capital of the company was raised to 2.350.966,00 EUR divided in 2.350.966 ordinary bearer shares.

The funds of the capital increase will be used to finance the exploration work of its subsidiary, Tantalum Rare Earths SARL.

About Tantalus Rare Earths AG

Tantalus Rare Earths AG is an exploration company currently exploring the large near surface rare earths occurrence in north-western Madagascar. Administratively, Tantalus Rare Earths AG is located in Düsseldorf, Germany.

Tantalus Rare Earths AG

Berliner Allee 12

40212 Düsseldorf

Germany

Phone: +49 (0)211 52391 430

Fax: +49 (0)211 52391 510

e-Mail: contact@tre-ag.com

Internet: http://www.tre-ag.com/