Skip to content

Q2 Metals Finalizes NSR Buyback on Mia Lithium Property in Quebec



This image is randomly selected and doesn’t necessarily represent the company or the news below.


Q2 Metals Corp. (TSXV: QTWO) (OTCQB: QUEXF) (FSE: 458) has announced an agreement with 9219-8845 QC Inc., also known as Canadian Mining House (CMH), to buy back the 2% Net Smelter Production Royalty (NSR) on the Mia Lithium Property in the Eeyou Istchee James Bay Territory of Quebec.

Q2 Metals’ Progress

The NSR buyback marks another significant step for Q2 Metals. The company is currently conducting its inaugural drill program at Mia. Alicia Milne, CEO and President of Q2 Metals, expressed her excitement about the progress and the anticipation of reporting sampling and drill results.

Details of the NSR Buyback

The NSR buyback will cost Q2 Metals a total of $1,650,000. The company will pay $500,000 cash upon closing, with the remaining $1,150,000 payable in cash and/or common shares of the company by December 31, 2023.

About Q2 Metals Corp

Q2 Metals Corp. is a Canadian mineral exploration company. It is currently advancing exploration of its Mia Lithium Property in Quebec, Canada, and the Stellar Lithium Property. Q2 is also exploring the Big Hill and Titan gold projects in Queensland, Australia.

This news release contains forward-looking statements within the meaning of applicable Canadian legislation. These statements refer to future events or results that may occur. However, actual results may differ materially from those in the forward-looking statements due to various factors.

Company Website: https://www.q2metals.com

Source

Disclaimer:
The content presented on this page has not been manually verified by our team. While we strive to ensure accuracy, we cannot guarantee the validity, completeness, or timeliness of the information provided. Always consult with appropriate professionals or sources before making any decisions based on this content.

Click here for more Company News

https://www.supertalk.fm/-/ https://planar.farmasi.uin-malang.ac.id/-/ https://faculdadediplomata.edu.br/-/ https://puskesmaskemangkon.purbalinggakab.go.id/-/gacor/ https://journal.dpkp.ciamiskab.go.id/