Advising Tantalus Rare Earths AG on capital increase

Heuking Kühn Lüer Wojtek legally advised Tantalus Rare Earths AG (TRE AG) on the scheduled capital increase. The prospectus submitted by TRE AG for a capital increase against cash contributions with subscription rights has been approved by the German Financial Supervision Authority (BaFin).

The company intends to raise a total of up to EUR 10.5 million by way of the capital increase. TRE AG will use the expected net proceeds from the issue to invest in Tantalus Group's operational business. The prospectus is also used to satisfy the final requirements for the company's shares to continue to be traded in the primary market of Düsseldorf Stock Exchange. Upon its initial listing and the associated change from Frankfurt Stock Exchange (First Quotation board) to Düsseldorf Stock Exchange (Primary Market) in December of 2012, the company committed to Düsseldorf Stock Exchange to submit an approved prospectus by March 31, 2013.

Tantalus Rare Earths AG is a holding company engaged in the exploration and development of rare earths. Its principal asset is the TRE Project, located in northwestern Madagascar. The project comprises an important, primary bedrock rare earth mineralization and an extensive, secondary rare earth mineralization at surface.

Responsible for the project
Heuking Kühn Lüer Wojtek:

Dr. Thorsten Kuthe (Capital Markets), Cologne

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