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QEM LIMITED Share Issue/Capital Change 2019

Apr 9, 2019

65644_rns_2019-04-09_0021ab61-48f4-42cc-a07e-9c3cc258ad9a.pdf

Share Issue/Capital Change

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10 April 2019

Release from Escrow

QEM Ltd (“the Company ”) advises that on 29 April and 1 May 2019, 198,255 and 248,890 ordinary fully paid shares respectively, will be released from escrow.

The Company will apply to ASX for quotation of the fully paid ordinary shares so released.

About QEM

Based in Queensland Australia, QEM Ltd (ASX: QEM) is an ASX-listed company which controls exploration tenements in the Julia Creek area of North Western Queensland, Australia. These tenements form part of the vast Toolebuc Formation, recognised as one of the largest deposits of vanadium and oil shale in the world. QEM seeks to further explore and exploit these important resources, to create value for its shareholders and assist in addressing the growing energy security and liquid fuel shortages in Australia.

For further information:

David Fitch Managing Director P: +61 7 3303 0161 E: [email protected]

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