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Quebec Precious Metals Corporation V.QPM

Alternate Symbol(s):  CJCFF

Metals & Mining Gold
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 focuses on advancing its Sakami gold project and its newly discovered, drill-ready Ninaaskuwin lithium showing on the Elmer East project. In addition, the Company holds a 68% interest in the Kipawa rare earths project located near Temiscaming, Quebec. The Sakami project consists of one large contiguous block of 281 mineral claims and includes the contiguous claims, which are located 90 km northwest of the Eleonore mine, 570 km north of Val-d'Or and 900 km northwest of Montreal. The Cheechoo-Eleonore Trend project lies about 24 km northwest of the Eleonore mine. The Elmer East project consists of 929 claims, which is located along a trend from the recent Patwon Prospect gold discovery made by Azimut Exploration Inc. It also holds interest in the Matheson Joint Venture project.


TSXV:QPM - Post by User

Quebec Precious Metals Corporation
Bullboard Posts
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(65)
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Post by StockscoutXon Jul 08, 2018 12:27pm
142 Views
Post# 28285174

According to the consolidation agreement.

According to the consolidation agreement.Here is how it's calculated:

First consolidation:
Matamec shares (MAT.V) X 0.267697315 = Canada Strategic Metals shares (CJC.V)

Second consolidation:
Canada Strategic Metals shares (CJC.V) / 4.16 = Quebec Pecious Metals shares

It's how I understand the circular.
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities