Welcome to our dedicated page for Quebec Precious news (Ticker: CJCFF), a resource for investors and traders seeking the latest updates and insights on Quebec Precious stock.
Quebec Precious Metals Corporation (CJCFF) drives mineral exploration in Quebec's resource-rich regions, focusing on gold, lithium, and rare earth elements critical to modern technologies. This news hub provides investors and industry observers with timely updates on drilling results, strategic partnerships, and project advancements.
Access consolidated reports on Sakami Gold Project developments, lithium discoveries at Ninaaskuwin, and rare earth element progress at Kipawa. Stay informed about financial reporting, joint venture announcements, and sustainability initiatives through verified press releases and third-party analyses.
Key updates include exploration milestones, resource estimates, and collaborations with industry leaders like Harfang Exploration. Our curated feed ensures you never miss regulatory filings, technical reports, or community engagement developments impacting QPM's operations.
Bookmark this page for direct access to primary source materials and expert commentary on Quebec's evolving critical minerals landscape. Check regularly for new insights into one of Canada's most active exploration portfolios.
Quebec Precious Metals Corporation (CJCFF) announced a service agreement with ALS GoldSpot Discoveries Ltd. for a lithium targeting study across its 1,338 claims in the Eeyou Istchee James Bay territory, known for its lithium potential. The company aims to assess pegmatitic rocks identified in previous surveys, with results expected by summer 2023. Additionally, QPM has engaged Paradox Public Relations for investor relations, set to run for 36 months, costing $10,000 monthly and including 1,000,000 options at $0.10 each. This strategic move may enhance QPM's discovery potential in the growing lithium sector.
Quebec Precious Metals Corporation (OTCQB:CJCFF) has agreed to issue 243,282 common shares to settle debts totaling $19,462.56 owed to three current directors. This Debt Settlement is aimed at preserving cash flow and is conducted at a price of $0.08 per share, with a four-month regulatory hold. It is categorized as a related party transaction, exempt from formal valuation due to the amount being below 25% of market capitalization. Additionally, the CEO will receive 118,750 deferred stock units as part of a compensation plan, allowing for 20% of salary to be paid in DSUs. This strategic move reflects QPM's commitment to advancing its Sakami gold project.
Quebec Precious Metals Corporation (OTCQB:CJCFF) has announced a Debt Settlement involving the issuance of 326,980 common shares to settle debts totaling $24,523.50 owed to three current directors and one former director. This settlement aims to preserve the corporation's cash position, with shares issued at $0.075 each, subject to a four-month hold period. Additionally, the company issued 126,667 deferred stock units to the CEO, corresponding to 20% of his salary. The Debt Settlement is exempt from certain minority shareholder approval requirements and pending regulatory approval.
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