Queensland Gold Hills Concludes Major Funding Round

Queensland Gold Hills Corp (TSE:QTWO) has released an update.

Queensland Gold Hills Corp has successfully concluded the second portion of its private placement, securing a total of $6.88 million in funding. This final tranche included both charity flow-through and non-flow-through units, aimed at financing the company’s lithium exploration projects in Quebec. Investors purchasing the charity units will benefit from certain tax incentives related to Canadian exploration expenses.

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