0001214659-16-009955.txt : 20160301 0001214659-16-009955.hdr.sgml : 20160301 20160301140022 ACCESSION NUMBER: 0001214659-16-009955 CONFORMED SUBMISSION TYPE: 6-K PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 20160301 FILED AS OF DATE: 20160301 DATE AS OF CHANGE: 20160301 FILER: COMPANY DATA: COMPANY CONFORMED NAME: TASMAN METALS LTD. CENTRAL INDEX KEY: 0001474547 STANDARD INDUSTRIAL CLASSIFICATION: METAL MINING [1000] IRS NUMBER: 000000000 STATE OF INCORPORATION: A1 FISCAL YEAR END: 0831 FILING VALUES: FORM TYPE: 6-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-35307 FILM NUMBER: 161472557 BUSINESS ADDRESS: STREET 1: 1305-1090 W. GEORGIA ST. CITY: VANCOUVER STATE: A1 ZIP: V6E 3V7 BUSINESS PHONE: (604) 685-9316 MAIL ADDRESS: STREET 1: 1305-1090 W. GEORGIA ST. CITY: VANCOUVER STATE: A1 ZIP: V6E 3V7 6-K 1 d311606k.htm Unassociated Document


UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

Form 6-K

REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16
UNDER THE SECURITIES EXCHANGE ACT OF 1934
 
 
For the month of March, 2016.
 
Commission File Number 000-54313
 
TASMAN METALS LTD.
 
(Translation of registrant’s name into English)
 
 
#1305 - 1090 West Georgia Street, Vancouver, British Columbia, V6E 3V7
 
(Address of principal executive office)

 
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.  Form 20-F x  Form 40-F o
 
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): ____
 
Note: Regulation S-T Rule 101(b)(1) only permits the submission in paper of a Form 6-K if submitted solely to provide an attached annual report to security holders.
 
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): ____
 
Note: Regulation S-T Rule 101(b)(7) only permits the submission in paper of a Form 6-K if submitted to furnish a report or other document that the registrant foreign private issuer must furnish and make public under the laws of the jurisdiction in which the registrant is incorporated, domiciled or legally organized (the registrant’s “home country”), or under the rules of the home country exchange on which the registrant’s securities are traded, as long as the report or other document is not a press release, is not required to be and has not been distributed to the registrant’s security holders, and, if discussing a material event, has already been the subject of a Form 6-K submission or other Commission filing on EDGAR.
 


 
1

 
 
SIGNATURES
 
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
 


 
TASMAN METALS LTD.
(Registrant)
 
       
       
Date: March 1, 2016
By
/s/Nick DeMare  
   
Nick DeMare, Chief Financial Officer
 
 
 
EXHIBIT INDEX

Exhibit
Number
 
Description
99.1
News Release dated March 1, 2016
 
 
2

EX-99.1 2 ex99_1.htm EXHIBIT 99.1 ex99_1.htm
Exhibit 99.1
 
T A S M A N   M E T A L S   L T D
 
                    
Strategic Metals     
       Strategic Locations
   
News Release
March 1, 2016
    
Tasman Provides Update on Corporate Strategy
 
Vancouver, Canada – Tasman Metals Ltd. (“Tasman” or the “Company”) (TSXV: TSM) (Frankfurt: T61); (OTCQB: TASIF).  Further to the news release of February 23, 2016, announcing the cancellation of the Norra Karr Mining Lease (“ML”), Tasman is disappointed with the decision by the Supreme Administrative Court of Sweden (“SAC”) to cancel the ML, however, this cancellation does not affect Tasman’s 100% ownership of the Norra Karr heavy rare earth element (REE) project.

The ML did not provide any rights for mining, drilling or ground disturbance of any type, and a full Environmental Impact Statement was always required to gain an Environmental/Operating Permit.  Under the Swedish Mining Act, an ML provides a degree of security, but no right to mine.  The Norra Karr project is now held 100% by Tasman on an Exploration License (“EL”) granted on August 31, 2009.  On August 31, 2015, Tasman applied for a two-year extension of this EL.  The renewal of the EL is subject to appeals to the Administrative Court in Falun.  If appeals are rejected, the EL will be valid until August 31 2017 when further renewals are permissible. Under the Swedish Mining Act, EL’s can be extended for 11 years and up to 15 years under special circumstances.

The significance of Norra Karr to Europe has been identified by various independent studies.  In 2015, a European Commission report, entitled “Strengthening The European Rare Earths Supply-Chain” was completed by The European Rare Earths Competency Network (ERECON, http://ec.europa.eu/growth/sectors/raw-materials/specific-interest/erecon/index_en.htm).  Opportunities for REE production in Europe were compiled by the ERECON team, which identified two advanced stage projects.  Tasman’s Norra Karr heavy REE project in Sweden is the only one on the European mainland, with a capacity to sustainably supply Europe’s needs for decades.

With the data collected by Tasman during the 2015 Norra Karr Pre-Feasibility Study, the Company believes it can satisfy the conditions required in order to apply for and receive a Mining Lease.  The Company awaits new guidance on Mining Leases to be issued by the Mines Inspectorate, to make a decision on appropriate timing to submit a Mining Lease Application.

Tasman had initiated a review of its current strategy with the current low pricing for rare earth elements (REE) being the key factor for this strategic review.  Tasman shall significantly curtail expenditure on the Norra Karr project while project and development pathways are reviewed. As part of this strategic review, Tasman has decided that it will not renew the Exploration Licences for the Olserum REE project.  These claims will fall due over the coming 12 months, and will lapse progressively. In addition, Tasman is reviewing various corporate and project opportunities to add value to the current project portfolio.

Tasman will be in attendance at the 2016 Prospectors and Developers Association of Canada (“PDAC”) at the Metro Toronto Convention Centre, March 6-9, 2016, at booth 2939.
 
On behalf of the Board,
Investor Information
www.tasmanmetals.com
1305 – 1090 West Georgia St., Vancouver, BC, V6E 3V7
"Mark Saxon"            
 
Company Contact:  Mariana Bermudez +1 (604) 699 0202
Mark Saxon, President & CEO
Email: info@tasmanmetals.com
 
The TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange), 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
        
HEAD OFFICE:
Suite 1305 - 1090 West Georgia Street
Vancouver, BC V6E 3V7
CANADA
TSXV : TSM
OTCQB : TASIF
www.tasmanmetals.com
info@tasmanmetals.com
EUROPEAN OFFICE:
Skollalen 2
BOLLNAS 821 41
SWEDEN
 
 

 
2
 
 
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, changes in corporate goals, unexpected expenditures, our ability to identify and close suitable acquisitions,  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. 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.
 
 
 
HEAD OFFICE:
Suite 1305 - 1090 West Georgia Street
Vancouver, BC V6E 3V7
CANADA
TSXV : TSM
OTCQB : TASIF
www.tasmanmetals.com
info@tasmanmetals.com
EUROPEAN OFFICE:
Skollalen 2
BOLLNAS 821 41
SWEDEN
 

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