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Quartz Mountain Resources Ltd V.QZM

Alternate Symbol(s):  QZMRF

Quartz Mountain Resources Ltd. is a Canada-based mineral exploration company. The Company is focused on acquiring, exploring, developing and transacting gold, silver and copper deposits in British Columbia. The Company holds 100% of the Maestro Gold-Silver-Molybdenum-Copper Property and 100% of the Jake Copper-Gold-Silver Property. The Maestro Property consists of a block of over 13 claims, which covers 2,309 hectares and is located in central British Columbia, 15 kilometers (km) north of Houston and 50 km south of Smithers. The Jake Property is located approximately 160 km northeast of Smithers, British Columbia, and includes a 100% interest in four mineral claims as well as an option to acquire a 100% interest in five adjacent mineral claims from an external vendor. It has approximately 50 drill sites for each project. Its Troy property is situated in central British Columbia, approximately 170 km northeast of Smithers.


TSXV:QZM - Post by User

Post by Betteryear2on May 06, 2024 1:22pm
119 Views
Post# 36025306

Quartz To Raise $3.26 Million Including New Key Investor

Quartz To Raise $3.26 Million Including New Key InvestorVANCOUVER, BC / ACCESSWIRE / May 6, 2024 / Quartz Mountain Resources Ltd. (TSXV:QZM)(OTC Pink:QZMRF) ("Quartz" or the "Company") announces that it proposes to raise aggregate proceeds of $3.255 million in new common share equity through the issuance of 9,300,000 treasury common shares at $0.35 each. A key new investor, The Sutton Group Inc. has committed to subscribe for 6,000,000 of the shares and will become an insider of Quartz.

Quartz To Raise $3.26 Million Including New Key Investor (accesswire.com)
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