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Queensland Ores aims to make camp soon

THE coffers at Queensland Ores are set to expand, with the company undertaking a capital raising to the tune of $24 million via a placement and rights issue that will take its Wolfram Camp tungsten-molybdenum project into production by year-end.

Rebecca Lawson
Queensland Ores aims to make camp soon

The raising will see up to 35 million new shares issued at a discounted 35c per share to raise $12.25 million. The non-renounceable rights issue will be on a one new share for two existing shares basis...

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