AuQ Gold Mining Secures $1 Million for Quebec Project Expansion

AuQ Gold Mining ( (TSE:AUQ) ) just unveiled an announcement.

AuQ Gold Mining Inc. has successfully closed a $1.0 million non-brokered private placement of units, which includes common shares and warrants. The funds raised will be allocated towards the exploration and engineering of the Bellechase-Timmins gold project in Quebec, acquisition and evaluation of resource properties globally, debt repayment, and general corporate purposes. This financing move is expected to bolster the company’s operational capabilities and strengthen its position in the gold mining industry.

More about AuQ Gold Mining

AUQ Gold Mining Inc. is involved in the acquisition, exploration, and development of mineral property assets, with a focus on the Bellechase-Timmins gold project in Quebec. The company aims to conduct exploration programs on its Quebec resource properties and seeks to locate and develop other properties of merit.

Average Trading Volume: 47,902

Technical Sentiment Signal: Buy

Current Market Cap: C$11.45M

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