Skip to content

Q2 Metals Corp Updates Private Placement Terms

Q2 Metals Corp (TSXV:QTWO)(OTCQB:QUEXF)(FSE:458) has announced an update to its non-brokered private placement of units. The price per unit for the charity flow-through unit portion of the offering has increased from $0.4625 to $0.475. This portion now includes up to 10,526,315 units, aiming to raise gross proceeds of up to $5,000,000.

All other terms of the offering remain unchanged, bringing the total potential gross proceeds up to $7,505,000. The offering is expected to close on or about July 31, 2024, pending customary conditions and TSX Venture Exchange approval. Securities issued will be subject to a four-month hold period under applicable law.

About Q2 Metals Corp

Q2 Metals Corp is a Canadian mineral exploration company with a focus on lithium projects in the Eeyou Istchee James Bay region of Quebec. Its portfolio includes the 100-per-cent-owned Mia Lithium Property and the Cisco Lithium Property.

The Cisco Lithium Property, located about 150 km north of Matagami, Quebec, covers 11,374 hectares and includes 222 mineral claims. It has district-scale potential with identified mineralized zones and notable drill results, including 115.4 meters of 1.40 percent lithium oxide.

Q2’s exploration at the 8,668-hectare Mia Lithium Property targets the 10-kilometre-long Mia trend, which hosts multiple lithium occurrences and mineralized zones.

For further information, contact:

Alicia Milne – President & CEO

Kevin Bottomley – Director

Jason McBride – Corporate Communications

Email: info@Q2metals.com

Phone: 1 (800) 482-7560

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.



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

Click here for more Company News