Q-Gold closed oversubscribed private placement, raising funds for exploration and working capital.

From GlobeNewswire: 2024-12-27 18:00:00

Q-Gold Resources Ltd has closed the final tranche of a non-brokered private placement, raising gross proceeds of C$357,999.88. The company issued 1,925,000 flow-through units and 357,142 non-flow through units, totaling $861,046.16 across all tranches. The funds will be used for exploration and development of mineral property interests in the Mine Centre region and for general working capital purposes. Q-Gold Resources is a mineral exploration company targeting high-grade gold and silver discoveries in multiple jurisdictions. The company paid finder’s fees of $39,000 and issued 150,000 finder’s warrants as part of the transaction.



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