Queensland Gold Hills Corp (TSE:QTWO) has released an update.
Queensland Gold Hills Corp has successfully completed the first portion of its private placement, raising $2.53 million through the sale of flow-through and non-flow-through units. The funds from the flow-through units will be channeled into lithium exploration in Quebec, with tax benefits for Canadian investors, while the proceeds from the non-flow-through units will support the company’s general capital needs.
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