Questcorp Mining Announces Flow Through Offering
Questcorp Mining (OTCQB: QQCMF) announced a non-brokered flow-through offering on December 8, 2025 to issue up to 5,769,231 FT Units at $0.13 per FT Unit for gross proceeds of up to $750,000.
Rhea-AI Summary
Questcorp Mining (OTCQB: QQCMF) announced a non-brokered flow-through offering on December 8, 2025 to issue up to 5,769,231 FT Units at $0.13 per FT Unit for gross proceeds of up to $750,000. Each FT Unit includes one flow-through common share and one-half warrant; each whole warrant is exercisable at $0.20 for 24 months. The company expects net proceeds to fund exploration of its North Island Copper Property on Vancouver Island, British Columbia. Securities will be subject to a four-month-and-one-day resale restriction and the Offering is subject to regulatory approval. The company also closed a final tranche issuing 1,266,667 units at $0.15 for $190,000, with resale restrictions until April 9, 2026.
Positive
- Flow-through financing up to $750,000
- Proceeds earmarked for North Island Copper Property exploration
- Final tranche raised $190,000 (1,266,667 units)
Negative
- Potential dilution from up to 5,769,231 FT shares
- Warrants exercisable at $0.20 for 24 months may increase share count
- Offering subject to regulatory approval and resale restrictions until 4 months + 1 day
Details
News Market Reaction – QQCMF
On Dec 8, the day this news came out, QQCMF closed 6.02% above the previous close.
Data tracked by StockTitan Argus for the Dec 8 session.
Key Figures
- FT Units Offered
- 5,769,231 units
- Maximum flow-through units in new offering
- FT Unit Price
- $0.13 per FT Unit
- Pricing for new flow-through private placement
- FT Offering Proceeds
- $750,000
- Maximum gross proceeds from flow-through offering
- Warrant Exercise Price
- $0.20 per share
- Exercise price for whole warrant in FT and NFT units
- Warrant Term
- 24 months
- Exercise period for warrants in FT Units
- Final Tranche Units
- 1,266,667 units
- NFT Units issued in final tranche
- Final Tranche Price
- $0.15 per NFT Unit
- Pricing for final tranche units
- Final Tranche Proceeds
- $190,000
- Gross proceeds from final tranche of private placement
Historical Context
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Announced flow-through offering and closed final tranche of prior placement.
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Completed Phase 1 drilling at La Union with assays pending.
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Announced CAD$2,000,000 investment from Sorbie Bornholm LP.
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Clarified non-brokered private placement and 24-month sharing agreement.
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Closed first tranche of private placement to fund exploration and working capital.
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Key Terms
flow-through units financial
non-brokered private placement financial
finders' fees financial
resale restrictions regulatory
AI-generated analysis. How Rhea-AI works. Not financial advice.
Vancouver, British Columbia--(Newsfile Corp. - December 8, 2025) - Questcorp Mining Inc. (CSE: QQQ) (OTCQB: QQCMF) (FSE: D910) (the "Company" or "Questcorp") announces that it will offer (the "Offering") up to 5,769,231 flow-through units (each, an "FT Unit"), at a price of
The Company anticipates the net proceeds raised from the Offering will be used to conduct exploration of the Company's North Island Copper Property, located on Vancouver Island, British Columbia.
The Company may pay finders' fees to eligible parties who have assisted in introducing subscribers to the Offering. All securities issued in connection with the Offering will be subject to restrictions on resale for a period of four-months-and-one-day in accordance with applicable securities laws. Completion of the Offering remains subject to receipt of regulatory approval.
Final Tranche Closing
The Company also announces that it has closed the final tranche of its previously announced non-brokered private placement and has issued a further 1,266,667 units (each, an "NFT Unit"), at a price of
No finders' fees were paid in connection with closing of the final tranche. All securities issued in the final tranche are subject to restrictions on resale until April 9, 2026 in accordance with applicable securities laws.
About Questcorp Mining Inc.
Questcorp Mining Inc. is engaged in the business of the acquisition and exploration of mineral properties in North America, with the objective of locating and developing economic precious and base metals properties of merit. The Company holds an option to acquire an undivided
Contact Information
Questcorp Mining Corp.
Saf Dhillon, President & CEO
Email: saf@questcorpmining.ca
Telephone: (604) 484-3031
This news release includes certain "forward-looking statements" under applicable Canadian securities legislation. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties, and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking statements. Such factors include, but are not limited to: general business, economic, competitive, political and social uncertainties, uncertain capital markets; and delay or failure to receive board or regulatory approvals. There can be no assurance that the geophysical surveys will be completed as contemplated or at all and that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/277245
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