QEM Limited Reports AGM Success and Director Changes

QEM Limited (AU:QEM) has released an update.

QEM Limited announced the successful passage of all resolutions at its recent AGM, including the approval of a 10% placement facility. The company also reported the resignation of director Tony Pearson, aligning with the completion of a crucial project scoping study and capital raising efforts. This marks a significant step for QEM as it aims to advance its Julia Creek Project, a major vanadium and oil shale resource in Queensland.

For further insights into AU:QEM stock, check out TipRanks’ Stock Analysis page.