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An announcement from Quebec Precious Metals Corp ( (TSE:QPM) ) is now available.
Fury Gold Mines Limited, a company involved in gold and critical minerals exploration, has announced its acquisition of Quebec Precious Metals Corporation. This strategic move aims to consolidate a significant exploration portfolio in Quebec, enhancing Fury’s market presence and operational scale. The transaction, structured as a share exchange, offers QPM shareholders a premium and is expected to provide synergy and cost savings, leveraging Fury’s expertise in capital raising and exploration success. The combined entity will focus on advancing key projects, including the Sakami project, to further strengthen its position in the industry.
More about Quebec Precious Metals Corp
Average Trading Volume: 81,946
Technical Sentiment Consensus Rating: Buy
Current Market Cap: C$3.11M
For an in-depth examination of QPM stock, go to TipRanks’ Stock Analysis page.