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The latest update is out from Q Precious & Battery Metals ( (TSE:QMET) ).
Q Precious & Battery Metals Corp. has successfully closed the final tranche of its private placement offerings, raising $285,000 through the issuance of 5,700,000 flow-through units. The funds will be allocated towards mineral and gas exploration and general working capital. Additionally, the company has granted 950,000 stock options to consultants, both actions pending approval from the Canadian Securities Exchange. These developments aim to bolster the company’s exploration activities and financial stability.
More about Q Precious & Battery Metals
Q Precious & Battery Metals Corp. operates within the precious and battery metals industry, focusing on mineral and gas exploration activities. The company is involved in the issuance of flow-through units and stock options to support its exploration and working capital needs.
YTD Price Performance: -52.94%
Average Trading Volume: 217,905
Technical Sentiment Signal: Sell
Current Market Cap: C$2.77M
Learn more about QMET stock on TipRanks’ Stock Analysis page.