Q-Gold Resources Ltd. (TSXV: QGR) has successfully allocated its offering of up to 66,666,667 units, with strong support from new potential investors. The company is excited to advance its exploration and development plans using the capital raised. The offering is subject to customary closing conditions, including TSXV approval and execution of agreements. Additionally, Q-Gold has amended its share exchange agreement with Alamos Gold Inc. related to a mineral exploration project in Oregon, decreasing the NSR Royalty threshold to 19.9% and implementing a Share Cap of 138,326,406 Q-Gold common shares. Q-Gold is a mineral exploration company targeting gold and silver discoveries in various locations.

Contact:
Peter Tagliamonte
Chief Executive Officer
[email protected]
Cell: +1 (416) 564-2880

This press release includes forward-looking information about the Offering and Acquisition, subject to risks and uncertainties. It does not constitute an offer to sell securities in the United States, and the TSX Venture Exchange does not accept responsibility for the release’s accuracy.

Read more at GlobeNewswire: Q-Gold Announces Private Placement Financing Fully