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Last C$0.14 CAD
Change Today -0.015 / -9.68%
Volume 221.8K
QRM On Other Exchanges
As of 4:27 PM 06/1/15 All times are local (Market data is delayed by at least 15 minutes).

quest rare minerals ltd (QRM) Snapshot

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06/2/14 - C$0.47
52 Week Low
02/2/15 - C$0.09
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quest rare minerals ltd (QRM) Details

Quest Rare Minerals Ltd., an exploration stage company, focuses on the exploration and development of rare earth element deposits in Canada. Its principal project is the Strange Lake rare earth deposit comprising 211 claims covering an area of approximately 9,367 hectares, located in northeastern Québec. The company was formerly known as Quest Uranium Corporation and changed its name to Quest Rare Minerals Ltd. in April 2010. Quest Rare Minerals Ltd. was incorporated in 2007 and is headquartered in Montreal, Canada.

Founded in 2007

quest rare minerals ltd (QRM) Top Compensated Officers

Chief Financial Officer
Total Annual Compensation: C$140.0K
Executive Vice-President of Development
Total Annual Compensation: C$288.0K
Compensation as of Fiscal Year 2014.

quest rare minerals ltd (QRM) Key Developments

Quest Rare Minerals Ltd. Announces Management Changes

Quest Rare Minerals Ltd. announced that Peter Cashin has relinquished his responsibilities as President & CEO of the company in order to focus on new mineral exploration opportunities. To facilitate an orderly transition, Mr. Cashin will remain a director of the company until the annual meeting of shareholders to be held on April 20, 2015. The executive leadership for this phase has been assigned to Pierre Lortie, Chairman of the Board of the company. Dr. Dirk Naumann, company's Executive Vice-President, Development, will assume responsibility for the management of the project.

Prashant Pathak to Join the Board of Directors of Quest Rare Minerals

Quest Rare Minerals Ltd. announced that it has completed a first tranche of its previously-announced private placement by issuing a 7% secured convertible debenture in a principal amount of $2.25 million to 2455440 Ontario Inc. In connection with the private placement, Ekagrata has the right to nominate two directors to the Board of Directors of Quest, subject to prior approval by the Board. Accordingly, Quest announced that Mr. Prashant Pathak, CEO of Ekagrata, will join the Board of Directors of Quest; however, Mr. Pathak’s continued service on the Board is subject to approval by the Toronto Stock Exchange.

Quest Rare Minerals Ltd., Annual General Meeting, Apr 20, 2015

Quest Rare Minerals Ltd., Annual General Meeting, Apr 20, 2015., at 10:00 US Eastern Standard Time. Location: Fasken Martineau DuMoulin LLP, Stock Exchange Tower. Agenda: To receive and consider the consolidated financial statements for the fiscal year ended October 31, 2014 and the auditors' report thereon; to elect directors; to consider, and if deemed advisable, adopt a resolution in the form annexed as Schedule A to the accompanying management proxy circular, approving a private placement to 2455440 Ontario Inc., an affiliate of Ekagrata Inc.; to consider approving a private placement to Resources Québec Inc. of a number of common shares which, when combined with other private placements effected by the Corporation within a three-month period, exceeds 25% of the number of issued and outstanding common shares of the corporation, as required by the TSX; consider ratifying, confirming and approving all unallocated options under the corporation's 2012 stock option plan, as required by the TSX; to appoint auditors and authorize the directors to fix their remuneration; and to transact such other business as may properly be brought before the meeting.


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