Tasman Metals Ltd. ("Tasman" or the "Company") (TSX
VENTURE:TSM)(FRANKFURT:T61)(NYSE MKT:TAS). The Company is pleased to announce
that further to its news release of February 11, 2014, the Company has closed
the second tranche of its private placement financing (the "Second Tranche") and
has issued 1,044,077 units at a price of CDN$1.10 per unit (the "Unit") for
gross proceeds of CDN$1,148,484.70. Each Unit consists of one common share and
one common share purchase warrant. Each common share purchase warrant is
exercisable at a price of CDN$1.50 per common share for a period of three years
expiring on March 31, 2017.


The net proceeds of the private placement are expected to be used to advance
work on the Company's Norra Karr and Olserum projects and for general working
capital purposes.


The Company has paid a finder a cash commission of 7% of certain proceeds and
has issued 103,907 compensation options exercisable into Units with each unit
having the same terms as the Units issued under this private placement
financing.


The securities issued under this private placement will be subject to a
four-month hold period expiring on August 1, 2014.


This news release does not constitute an offer to sell or a solicitation of an
offer to buy any of the securities in the United States. The securities have not
been and will not be registered under the United States Securities Act of 1933,
as amended (the "U.S. Securities Act") or any state securities laws and may not
be offered or sold within the United States or to U.S. Persons unless registered
under the U.S. Securities Act and applicable state securities laws or an
exemption from such registration is available.


On behalf of the Board,

Mark Saxon, President & CEO

The TSX Venture Exchange nor its Regulation Services Provider (as that term is
defined in the policies of the TSX Venture Exchange), the NYSE MKT nor the
Frankfurt Stock Exchange accepts responsibility for the adequacy or accuracy of
this news release.


Cautionary Statements. Certain statements found in this release may constitute
forward-looking statements as defined in the U.S. Private Securities Litigation
Reform Act of 1995. Forward-looking statements reflect the speaker's current
views with respect to future events and financial performance and include any
statement that does not directly relate to a current or historical fact. Such
statements reflect the current risks, uncertainties and assumptions related to
certain factors including, without limitations, competitive factors, general
economic conditions, customer relations, uncertainties related to the
availability and costs of financing, unexpected geological conditions, success
of future development initiatives, imprecision in resource estimates, ability to
obtain necessary permits and approvals, relationships with vendors and strategic
partners, the interest rate environment, governmental regulation and
supervision, seasonality, technological change, changes in industry practices,
changes in world metal markets, changes in equity markets, environmental and
safety risks, and one-time events. Should any one or more of these risks or
uncertainties materialize, or should any underlying assumptions prove incorrect,
actual results may vary materially from those described herein. The Company's
actual results, performance or achievements could differ materially from those
expressed in, or implied by, these forward-looking statements and, accordingly,
no assurances can be given that any of the events anticipated by the
forward-looking statements will transpire or occur, or if any of them do so,
what benefits that the Company will derive therefrom. Forward-looking statements
cannot be guaranteed and actual results may vary materially due to the
uncertainties and risks, known and unknown, associated with such statements.
Shareholders and other readers should not place undue reliance on
"forward-looking statements", as such statements speak only as of the date of
this release.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Tasman Metals Ltd.
Jim Powell
V.P. - Corporate Development
+ 1 (647) 478 8952
jpowell@tasmanmetals.com


Tasman Metals Ltd.
Mariana Bermudez
+1 (604) 685 9316
info@tasmanmetals.com
www.tasmanmetals.com

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