TIDMREM

RNS Number : 7724X

Rare Earth Minerals PLC

02 September 2015

02 September 2015

Rare Earth Minerals Plc.

("Rare Earth Minerals", "REM" or "the Company")

REM increases strategic holding in Bacanora Minerals to 16.8%

Rare Earth Minerals (AIM: REM) announces that it has now increased its shareholding in Bacanora Minerals Limited ("Bacanora"), from 16.4% to 16.8% through further market purchases totalling GBP324,530.

This interest, when aggregated with REM's 30% direct interest in Megalit S.A de CV (the company holding the Beunavista, Megalit and San Gabriel concessions) and the 30% direct interest in Mexelit S.A de CV (the company holding El Sauz, El Sauz 1, El Sauz 2, Fleur and Fleur 1 concessions), results in a total economic interest in each of these companies of 41.75%.

- Ends -

For further information please contact:

Rare Earth Minerals plc +44 (0) 207 440 0647

Donald Strang/Andrew Suckling

WH Ireland Limited (NOMAD & Broker) +44 (0) 207 220 1666

James Joyce

Mark Leonard

Square1 Consulting

David Bick, Mark Longson +44 (0) 207 929 5599

This information is provided by RNS

The company news service from the London Stock Exchange

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September 02, 2015 02:00 ET (06:00 GMT)

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