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Quebec Precious Metals Corporation V.QPM

Alternate Symbol(s):  CJCFF

Quebec Precious Metals Corporation is a Canada-based gold explorer with a land position in the prospective Eeyou Istchee James Bay territory, Quebec, near Newmont Corporation’s Eleonore gold mine. The Company’s flagship project is the Sakami project with significant grades and drill-ready targets. The Sakami project is located in the Eeyou Istchee James Bay territory of northern Quebec. The project consists of approximately 281 claims covering a total area of 143 square kilometers. Its 100% owned Elmer East project is located along trend from the recent Patwon prospect gold discovery made by Azimut Exploration Inc. The project has gold potential totaling about 929 claims (488.4 square kilometers) and includes the adjacent Annabelle block, and the Opinaca Gold West block. Its 100% owned Cheechoo-Eleonore Trend project comprises about 128 claims (66.4 square kilometers) and is adjacent to the northwest to the Company’s Sakami project. It also owns various non-core assets.


TSXV:QPM - Post by User

Comment by rockyfanon Oct 18, 2021 8:33am
143 Views
Post# 34017093

RE:Lots going on here

RE:Lots going on hereThe train just left this morning.....

Montral, le 18 octobre 2021 – Corporation Mtaux Prcieux du Qubec (TSX.V : QPM, OTCQB : CJCFF, FSE : YXEP) (« QPM » ou la « Socit ») est heureuse d’annoncer qu’un paiement de 2 000 000 $ a t reu dans le cadre de la vente d’une redevance de 2 % sur le rendement net de fonderie sur tous les mtaux payables provenant des droits miniers du projet de lithium Tansim (le « Projet ») Lithium Royalty Corporation (« LRC »). La vente fait partie d’une transaction entre Sayona Mining Limited et Sayona Qubec Inc. (collectivement, « Sayona Qc ») et LRC annonce le 30 septembre 2021.

Le 13 janvier 2021, QPM avait annonc la rception d’un paiement de 250 000 $ en rfrence l’exercice de la deuxime option par Sayona Qc pour acqurir une participation supplmentaire indivise de 50 % dans les droits miniers du Projet faisant partie du Projet. Sayona Qc dtient un intrt de 100% dans le Projet.

Normand Champigny, chef de la direction de QPM, a dclar : « Ce paiement est une autre tape pour complter le processus de montisation de nos actifs secondaires. Cela nous permet de mieux financer nos programmes d’exploration aurifre dans la rgion de la Baie-James sans avoir recours un financement par actions. »

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