Tasman Metals Ltd. Files Form 40-F with U.S. Securities and Exchange Commission

VANCOUVER, March 29 - Tasman Metals Ltd. ("Tasman" or the "Company") (TSXV: TSM) (Frankfurt: T61) (Pinksheets: TASXF). Mr Mark Saxon, President & CEO, announces the Company has filed a registration statement on Form 40-F with the United States Securities and Exchange Commission, pursuant to section 13 of the United States Securities Exchange Act of 1934. It is the Company's intention to seek listing of its common shares on a stock exchange in the United States while continuing its listing on the TSX Venture Exchange.

"We are very pleased to have achieved the milestone of this 40-F filing within the United States", said Mark Saxon, President & CEO. "We thank our auditors, lawyers and all those involved in preparation of the documentation for their rapid and diligent work. Tasman's Norra Karr heavy rare earth element project in Sweden has advanced quickly from discovery to resource delineation and metallurgical testing, and we believe a listing in the United States will draw additional attention to this highly significant project as we advance towards development."


About Tasman Metals Ltd.

Tasman Metals Ltd is a Canadian mineral exploration and development company focused on Rare Earth Elements (REE's) in the European region and is listed on the TSX Venture Exchange under the symbol "TSM". REE demand is increasing, due to the metals unique properties that make them essential for high technology and environmentally-beneficial applications. Since over 95% of REE supply is sourced from China, the European Union is actively supporting policy to promote domestic supply of REE's, to ensure the security of high-tech industry. Tasman's exploration portfolio is uniquely placed, with the capacity to deliver "high-tech" metals from politically stable, mining friendly jurisdictions with developed infrastructure. The Company's Norra Karr project in Sweden is one of the most significant heavy REE resources in the world, and the only NI43-101 compliant REE resource in mainland Europe.

Tasman's current issued and outstanding share capital is 57,104,451 of which 4,144,501 shares remain subject to future release in accordance with TSX Venture Exchange Tier 1 escrow agreements. The amount in escrow represents 25% of the shares deposited into escrow with the balance no longer being subject to escrow conditions. Tasman's cash position is approximately C$15 million.


On behalf of the Board,

"Mark Saxon"
Mark Saxon, President & CEO



Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.

Forward Looking Statements. This Company news release contains certain "forward-looking" statements and information relating to the Company that are based on the beliefs of the Company's management as well as assumptions made by and information currently available to the Company's management. Such statements reflect the current risks, uncertainties and assumptions related to certain factors including, without limitations, competitive factors, general economic conditions, customer relations, relationships with vendors and strategic partners, the interest rate environment, governmental regulation and supervision, seasonality, technological change, changes in industry practices, 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.



For further information:

Investor Information
www.tasmanmetals.com
1305 - 1090 West Georgia St., Vancouver, BC, V6E 3V7
Company Contact: Mariana Bermudez +1 (604) 685 9316
Investor Relation Consultants - Mining Interactive
Nick Nicolaas +1 (604) 657 4058
Email: info@tasmanmetals.com