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Q-Gold Resources ( (TSE:QGR) ) has issued an announcement.
Q-Gold Resources Ltd. has announced a $10 million financing initiative to complete the acquisition of the Quartz Mountain Gold project in Oregon, USA, and to advance the Mine Centre Camp in Ontario, Canada. The financing will support the completion of the Quartz Mountain acquisition, which includes advanced projects and exploration opportunities, as well as the development of the Mine Centre gold camp with historical high-grade drill intercepts. The company has engaged BMO Capital Markets for a private placement offering, with proceeds also allocated for exploration and engineering studies at these sites.
More about Q-Gold Resources
Q-Gold Resources Ltd. is a mining company focused on the exploration and development of gold projects. The company is involved in acquiring and advancing mineral exploration projects, with a particular focus on gold mining in the USA and Canada.
Average Trading Volume: 130,610
Technical Sentiment Signal: Buy
Current Market Cap: C$12.64M
See more data about QGR stock on TipRanks’ Stock Analysis page.