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The latest announcement is out from QMines Ltd. ( (AU:QML) ).
QMines Limited has issued 2,759,260 shares as consideration for services provided, under the exemptions of the Corporations Act 2001. The company continues its exploration and drill programs at the Develin Creek and Mt Chalmers projects, with assay results pending. These activities are part of QMines’ strategy to enhance its resource base and move towards sustainable copper production, potentially impacting its market position and stakeholder interests.
More about QMines Ltd.
QMines Limited is a Queensland-focused company specializing in copper and gold development. It owns 100% of the Mt Chalmers and Develin Creek deposits, which are located near Rockhampton, Queensland. The company aims to discover new resources, commercialize existing deposits, and transition towards sustainable copper production.
Average Trading Volume: 1,051,558
Technical Sentiment Signal: Buy
Current Market Cap: A$24.41M
Find detailed analytics on QML stock on TipRanks’ Stock Analysis page.