Date: Sep 20, 2018
Miner QEM wants to drill for vanadium and shale oil in the Toolebuc Formation at Julia Creek.
Mineral company QEM’s $5 million initial public offer has been over-subscribed as it looks to advance its North West Queensland operations.
QEM is expecting to list month with a market cap of $20 million and it plans to use the newly raised cash to advance exploration at its Julia Creek project where it is targeting vanadium and oil shale prospects.