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Queen’s Road Capital Confirms AGM Outcomes and Share Consolidation

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Queen’s Road Capital Confirms AGM Outcomes and Share Consolidation

Queen’s Road Capital Investment ( (TSE:QRC) ) has provided an update.

Queen’s Road Capital Investment Ltd. recently held its Annual General Meeting, where over 30% of the company’s shares were represented. Shareholders approved the election of the board of directors, the appointment of KPMG LLP as auditors, and a share consolidation effective January 15, 2025. These decisions are expected to streamline operations and potentially enhance shareholder value.

More about Queen’s Road Capital Investment

Queen’s Road Capital Investment Ltd. is a dividend-paying financier in the global resource sector. The company focuses on investments in both privately held and publicly traded companies, primarily acquiring and holding securities for long-term capital appreciation. Their investment focus is on convertible debt securities and resource projects in advanced development or production, located in politically stable jurisdictions.

YTD Price Performance: -6.23%

Average Trading Volume: 4,095

Technical Sentiment Signal: Buy

Current Market Cap: C$317.3M

Learn more about QRC stock on TipRanks’ Stock Analysis page.

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