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QC Copper and Gold ( (TSE:XXIX) ) has issued an announcement.
XXIX Metal Corp. has announced the grant of stock options to its directors, officers, and consultants, totaling 3,675,000 shares, with the majority allocated to directors and officers. This initiative, deemed a related party transaction under regulatory guidelines, reflects strategic personnel incentivization while adhering to minority protection exemptions, positioning the company for continued development of its high-grade copper projects.
More about QC Copper and Gold
XXIX Metal Corp. is focused on advancing its Opemiska and Thierry Copper projects, which are significant Canadian copper assets. The Opemiska Project is known as Canada’s highest-grade copper resource, and the Thierry Project has a history of both open pit and underground mining. The company’s projects are strategically located with strong infrastructure and access to significant processing facilities.
YTD Price Performance: -5.00%
Average Trading Volume: 81,720
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $19.9M
For a thorough assessment of XXIX stock, go to TipRanks’ Stock Analysis page.