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An update from Questcorp Mining, Inc. ( (TSE:QQQ) ) is now available.
Questcorp Mining Inc. has announced a non-brokered private placement offering of up to 5,769,231 flow-through units at $0.13 per unit, aiming to raise $750,000. The funds will be used for exploration of the North Island Copper Property in British Columbia. Additionally, Questcorp has closed the final tranche of a previous placement, raising $190,000. These initiatives are expected to bolster the company’s exploration efforts and potentially enhance its market position in the mining sector.
More about Questcorp Mining, Inc.
Questcorp Mining Inc. is involved in the acquisition and exploration of mineral properties in North America, focusing on developing economic precious and base metals properties. The company holds options to acquire 100% interests in the North Island Copper Property in British Columbia and the La Union Project in Sonora, Mexico, both subject to royalty obligations.
Average Trading Volume: 174,059
Technical Sentiment Signal: Sell
Current Market Cap: C$10.41M
For a thorough assessment of QQQ stock, go to TipRanks’ Stock Analysis page.