Quebec Precious Metals Corp (TSE:QPM) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Quebec Precious Metals Corp has agreed to issue over 457,000 shares to settle nearly $39,000 in debts with its current directors, aiming to conserve cash. Additionally, the company is issuing deferred stock units as part of the CEO’s compensation plan, with both transactions subject to TSX Venture Exchange approval. These strategic financial moves are part of QPM’s broader efforts to advance its precious metal and rare earth element projects in Quebec.
For further insights into TSE:QPM stock, check out TipRanks’ Stock Analysis page.
