QcX Gold Announces Private Placement
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 (OTC:QCXGF) ha annunciato un collocamento privato non assistito da broker per raccogliere fino a $750.000 mediante l’emissione di fino a 7.500.000 unità al prezzo di $0,10 per unità. Ciascuna unità comprende una azione ordinaria e una warrant: ogni warrant dà diritto all’acquisto di una azione ordinaria a $0,15 per un periodo di 24 mesi.
I proventi saranno destinati all’esplorazione delle proprietà Golden Giant e Fernet della società e al capitale circolante generale. L’offerta è soggetta alle approvazioni regolamentari, incluso l’ok della TSX Venture Exchange, e i titoli saranno soggetti a un periodo di blocco di quattro mesi più un giorno.
QcX Gold Corp (OTC:QCXGF) ha anunciado una colocación privada no intermediada para recaudar hasta $750,000 mediante la emisión de hasta 7,500,000 unidades a $0.10 por unidad. Cada unidad incluye una acción ordinaria y una warrant; cada warrant permite comprar una acción ordinaria a $0.15 durante 24 meses.
Los fondos se emplearán en la exploración de las propiedades Golden Giant y Fernet de la compañía y en capital de trabajo general. La oferta está sujeta a aprobaciones regulatorias, incluida la de la TSX Venture Exchange, y los valores tendrán un periodo de retención de cuatro meses más un día.
QcX Gold Corp (OTC:QCXGF)는 중개인 없이 진행되는 사모 유상증자를 통해 최대 $750,000를 조달하기 위해 최대 7,500,000단위를 단위당 $0.10에 발행한다고 발표했습니다. 각 단위는 보통주 1주와 워런트 1매로 구성되며, 워런트는 24개월 동안 보통주 1주를 $0.15에 매수할 수 있는 권리를 줍니다.
수익금은 회사의 Golden Giant 및 Fernet 광산권 탐사와 일반 운전자본으로 사용됩니다. 본 공모는 TSX 벤처 거래소 승인 등 규제 승인 대상이며, 증권에는 4개월 플러스 1일의 보유 제한이 적용됩니다.
QcX Gold Corp (OTC:QCXGF) a annoncé un placement privé sans courtier visant à lever jusqu’à 750 000 $ par l’émission de jusqu’à 7 500 000 unités au prix de 0,10 $ par unité. Chaque unité comprend une action ordinaire et un bon de souscription : chaque bon permet d’acheter une action ordinaire à 0,15 $ pendant 24 mois.
Les fonds serviront à financer l’exploration des propriétés Golden Giant et Fernet de la société et le fonds de roulement général. L’offre est soumise aux approbations réglementaires, y compris celle de la TSX Venture Exchange, et les titres feront l’objet d’une période de détention de quatre mois plus un jour.
QcX Gold Corp (OTC:QCXGF) hat eine nicht vermittelte Privatplatzierung angekündigt, um bis zu $750.000 durch die Ausgabe von bis zu 7.500.000 Einheiten zu je $0,10 pro Einheit zu beschaffen. Jede Einheit besteht aus einer Stammaktie und einer Option (Warrant); jede Warrant berechtigt zum Kauf einer Stammaktie zu $0,15 innerhalb von 24 Monaten.
Die Erlöse werden für die Exploration der Golden Giant- und Fernet-Liegenschaften des Unternehmens sowie für das allgemeine Betriebskapital verwendet. Das Angebot steht unter dem Vorbehalt regulatorischer Genehmigungen, einschließlich der Zustimmung der TSX Venture Exchange; die Wertpapiere unterliegen einer Haltefrist von vier Monaten plus einem Tag.
- Raising up to $750,000 to fund exploration activities
- 24-month warrants provide potential additional funding at $0.15 per share
- Potential dilution for existing shareholders
- Shares priced at significant discount to encourage participation
Toronto, Ontario--(Newsfile Corp. - August 22, 2025) - QcX Gold Corp. (TSXV: QCX) (OTC Pink: QCXGF) (FSE: 21MA) ("QcX" or the "Company") is pleased to announce a non-brokered private placement financing for gross proceeds of up to
Each Unit is comprised of one common share of the Company (each, a "Common Share") and one whole Common Share purchase warrant (each, a "Warrant") of the Company. Each Warrant entitling the holder thereof to purchase one Common Share at a price of
The Company intends to use the net proceeds from the Offering for continued exploration and evaluation of the Company's Golden Giant and Fernet properties and for general working capital. Closing of the Offering is subject to receipt of all necessary corporate and regulatory approvals, including the approval of TSX Venture Exchange. All securities issued in connection with the Offering will be subject to a hold period of four months plus a day from the date of issuance and the resale rules of applicable securities legislation.
This press release does not constitute an offer to sell or a solicitation of an offer to buy the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") or any state securities laws and may not be offered or sold within the United States or to U.S. Persons as defined under applicable United States securities laws unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.
About QcX Gold
QcX Gold is exploring for gold and VMS style mineralization on its highly prospective and well-located properties in Québec, Canada. The Golden Giant Project is located in the James Bay region, only 2.9 km from Azimut Exploration Inc.'s Patwon discovery on their Elmer gold project. The Fernet Project is located in the Abitibi Greenstone Belt and is contiguous with Wallbridge Mining Company Limited's Fenelon/Martinière property. Both properties are in close proximity to major discoveries which bodes well for exploration.
On behalf of the Board of Directors:
Aaron Stone, P.Geo.
Vice President Exploration
aaron.stone@qcxgold.com
416-361-2515
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Forward-looking statements:
This news release contains forward-looking statements. All statements, other than of historical facts, that address activities, events or developments that the Company believes, expects or anticipates will or may occur in the future including, without limitation, the planned exploration program, the expected positive exploration results, the timing of the exploration results, the ability of the Company to continue with the exploration program, the availability of the required funds to continue with the exploration and the potential mineralization or potential mineral resources are forward-looking statements. Forward-looking statements are generally identifiable by use of the words "will", "should", "continue", "expect", "anticipate", "estimate", "believe", "intend", "to earn", "to have', "plan" or "project" or the negative of these words or other variations on these words or comparable terminology. Forward-looking statements are subject to a number of risks and uncertainties, many of which are beyond the Company's ability to control or predict, that may cause the actual results of the Company to differ materially from those discussed in the forward-looking statements. Factors that could cause actual results or events to differ materially from current expectations include, among other things, failure to meet expected, estimated or planned exploration expenditures, failure to establish estimated mineral resources, the possibility that future exploration results will not be consistent with the Company's expectations, general business and economic conditions, changes in world gold markets, sufficient labour and equipment being available, changes in laws and permitting requirements, unanticipated weather changes, title disputes and claims, environmental risks as well as those risks identified in the Company's annual Management's Discussion and Analysis. Should one or more of these risks or uncertainties materialize, or should assumptions underlying the forward-looking statements prove incorrect, actual results may vary materially from those described and accordingly, readers should not place undue reliance on forward-looking statements. Although the Company has attempted to identify important risks, uncertainties and factors which could cause actual results to differ materially, there may be others that cause results not to be as anticipated, estimated or intended. The Company does not intend, and does not assume any obligation, to update these forward-looking statements except as otherwise required by applicable law.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/263549
FAQ
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