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QMX Gold Corporation V.QMX

QMX Gold Corp is a junior exploration company. It is engaged in mineral exploration and evaluation properties in the province of Quebec. The Company is focusing on the exploration and evaluation of its gold and base metal projects within this region. It is also focused on the Val d'Or mining camp in the Abitibi District of Quebec. It holds the Aurbel property and holds a 100% interest in the VMS properties.


TSXV:QMX - Post by User

Post by silver300on Nov 04, 2019 6:53pm
178 Views
Post# 30307749

No thanks!

No thanks!24.Commitments and contingencies(a)The Company is party to certain management contracts. These contracts contain clauses requiring additional payments of up to $2,140,000 be made upon the occurrence of certain events such as a change of control. As a triggering event has not taken place, the contingent payments have not been reflected in these consolidated financial statements. Additional minimum management contractual commitments remaining under the agreements are approximately $550,000, all due within one year.

https://www.sedar.com/CheckCode.do

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