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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 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

Comment by rockyfanon Oct 18, 2021 8:33am
200 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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