Welcome to our dedicated page for Qcx Gold news (Ticker: QCXGF), a resource for investors and traders seeking the latest updates and insights on Qcx Gold stock.
QcX Gold Corp. reports mineral exploration and capital-market developments for its Canadian project portfolio. The company explores for gold and VMS-style mineralization on the Golden Giant Project in Québec's James Bay region and the Fernet and Fernet West projects in the Abitibi Greenstone Belt, and has expanded into the Batchawana Bay area of northern Ontario through completed mining-claim acquisitions, including the Olsen Project.
Recurring news includes project acquisitions, prospecting and soil-sampling programs, geological targeting, private placement financings, warrant and share issuances, royalty terms on acquired claims, and share-capital changes such as consolidation actions. Updates also reference the company's TSX Venture, OTC Pink, and Frankfurt trading symbols.
QcX Gold Corp (OTC:QCXGF) has successfully closed a non-brokered private placement, raising $750,000 through the issuance of 7,500,000 units at $0.10 per unit. Each unit consists of one common share and one warrant, with warrants exercisable at $0.15 for 24 months.
The company paid $43,400 in cash commissions and issued 434,000 finder's warrants exercisable at $0.10 per share. Additionally, QcX granted 1,410,000 options to directors, officers, and consultants, exercisable at $0.155 for five years.
Proceeds will fund exploration of the company's Golden Giant and Fernet properties and general working capital. Notable investor Albert Contardi's ownership position adjusted to 13.60% undiluted and 19.72% on a partially diluted basis following the offering.
QcX Gold Corp (OTC:QCXGF) has announced a non-brokered private placement to raise up to $750,000 through the issuance of up to 7,500,000 units at $0.10 per unit. Each unit consists of one common share and one warrant, with each warrant allowing the purchase of one common share at $0.15 for 24 months.
The proceeds will fund exploration of the company's Golden Giant and Fernet properties and general working capital. The offering is subject to regulatory approvals, including TSX Venture Exchange approval, with securities having a four-month plus one day hold period.
QcX Gold Corp. (QCXGF) has announced a 1-for-10 share consolidation of its common shares, scheduled to take effect on June 2, 2025. The consolidation will reduce the company's outstanding shares from 75,918,312 to approximately 7,591,831. The company will maintain its current trading symbol "QCX" on the TSX Venture Exchange.
The consolidation will proportionally adjust exercise prices and conversion rates for outstanding stock options. No fractional shares will be issued, with fractional shares being rounded down to the nearest whole number. A new CUSIP (74738M303) and ISIN (CA74738M3030) have been obtained. Registered shareholders will receive letters of transmittal with instructions for exchanging their share certificates.
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