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Namibia Rare Earths Announces Transition of Listing to the TSX Venture Exchange

HALIFAX, June 22, 2017 /CNW/ - Further to the press release of Namibia Rare Earths Inc. ("Namibia Rare Earths" or the "Company") (TSX: NRE) dated April 7, 2017, the Company has now received all necessary approvals to transition its listing from the TSX to the TSX Venture Exchange ("TSXV"). The common shares of the Company will be delisted from the TSX at the close of market on June 30th and will commence trading on the TSXV at the open of market on July 4th.

The transfer of the listing will provide continued trading liquidity for shareholders on a recognized trading platform and result in lower listing costs for the Company. The Company will continue to trade under the symbol "NRE" and no action is required by shareholders.

About Namibia Rare Earths Inc.

Namibia Rare Earths Inc. is focused on the accelerated development of the Lofdal Rare Earths Project in Nambia.

Web site: www.NamibiaRareEarths.com

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