MT Newswires TSXV-Listed QMX Gold to Get $4 M from Eldorado TSXV-Listed QMX Gold to Get $4 Million from Eldorado Gold
09:48 AM EST, 12/19/2019 (MT Newswires) -- Junior explorer QMX Gold (QMX.V) said Thursday that it will get a $4 million investment from Eldorado Gold (ELD.TO) through a a non-brokered private placement of common shares.
Under the deal, Eldorado will acquire 68.1 million QMX Gold common shares for $0.06 apiece.
The company said it will use the proceeds to fund the exploration program at its Val d'Or land package and for general corporate purposes.
Price: 0.06, Change: 0, Percent Change: 0
I'm now watching our new 'investment' since we have invested in 68M shares
https://stockhouse.com/companies/quote?symbol=v.qmx