QUEST RARE MINERALS LTD V.QRM

Primary Symbol: QRMLF

Metals & Mining Industrial Metals & Minerals

Quest Rare Minerals Ltd is a Canadian exploration company developing Strange Lake rare earth deposit in northeastern Quebec, Canada. The Strange Lake REE deposit contains quantities of all the rare earth metals used in permanent magnets. The company is to become a supplier of rare earth oxides for the permanent magnet industry to be used in variety of industrial and consumer applications including wind turbines, automobiles, consumer electronics and medical equipment. Its project portfolio includes Strange Lake Rare Earth project, and Strange Lake Preliminary Economic Assessment.

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QUEST RARE MINERALS LTD

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Post by RTOon Sep 18, 2014 8:35am

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Post# 22947137

Eploration Tax Credits Receivable

I wouldn't worry too much for the loan payable. Exploration tax receivables both long and short amount to $9,2 million. The IQ loan was structured as a cash advance for the credits.

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