Going forward..
Q Precious arranges $150,000 private placement
2024-07-09 17:32 ET - News Release
Mr. Richard Penn reports
Q PRECIOUS & BATTERY METALS CORP. ANNOUNCES FLOW THROUGH PRIVATE PLACEMENT
Q Precious & Battery Metals Corp. has arranged a proposed flow-through private placement for gross proceeds of up to $150,000, issuing a total of up 10 million units (as defined herein) at a price of 1.5 cents per unit subject to CSE (Canadian Securities Exchange) approval.
Each unit consists of one flow-through common share and one-half of one non-flow-through share purchase warrant. Each warrant will entitle the holder to purchase a non-flow-through share at a price of five cents per share for a two-year term.
The securities issued will be subject to a four-month-and-one-day hold from the date of issuance.
The proceeds from the offering will be for mineral exploration activities in Quebec.