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Questcorp Mining, Inc. ( (TSE:QQQ) ) just unveiled an update.
Questcorp Mining Inc. has successfully closed an oversubscribed private placement financing, raising $2,749,952 through the issuance of 45,832,539 units. The funds will be used to advance the La Union Project, continue exploration at the North Island Copper Property, and manage general working capital. The company also granted incentive stock options and restricted share units to directors, officers, and consultants, aligning with its growth and development strategy.
More about Questcorp Mining, Inc.
Questcorp Mining Inc. is engaged in the acquisition and exploration of mineral properties in Canada, with a focus on the North Island Copper Property on Vancouver Island, British Columbia. The company aims to locate and develop economic precious and base metals properties of merit.
YTD Price Performance: 150.0%
Average Trading Volume: 182,276
Technical Sentiment Consensus Rating: Strong Sell
Learn more about QQQ stock on TipRanks’ Stock Analysis page.