Dark Streaming/Mobile Old Site Home Products Help Contact Us Your Account System Status
Sign-up for a FREE 30-day Stockwatch subscription and SEE NO ADS
06:35:17 EDT Sun 05 May 2024
Enter Symbol
or Name
USA
CA



Q-Gold Resources Ltd (4)
Symbol QGR
Shares Issued 14,673,082
Close 2015-07-21 C$ 0.02
Market Cap C$ 293,462
Recent Sedar Documents

Q-Gold arranges $150,000 private placement

2015-07-28 01:22 ET - News Release

Gavin Subject: Press Release/News Attached for Distribution on Stockwatch.com Eric A. Gavin Chief Financial Officer Q-Gold Resources Ltd. 809 West Riordan Road Suite 100 - 391 Flagstaff, Arizona 86001 (928) 600-4978 www.qgoldresources.com File: QGR - News Release July 2015 PP.DOCX Q-GOLD ANNOUNCES NON-BROKERED PRIVATE PLACEMENT Vancouver, British Columbia, July 27, 2015- Q-Gold Resources Ltd. (the "Company") (TSX VENTURE: QGR) (http://www.qgoldresources.com) is pleased to announce that it intends to complete a non-brokered private placement for gross proceeds of up to $150,000 (the "Offering"), consisting of 3,000,000 Units (each a "Unit") at a price of $0.05 per Unit. Each Unit will consist of one common share and one common share purchase warrant (the "Warrant"), entitling the holder to acquire one additional common share at an exercise price of $0.10 for a period of 24 months from issuance. All securities issued in connection with the Offering will be subject to a four month restriction from resale as stipulated under applicable securities legislation and the Exchange. A finder's fee may be payable in relation to the proposed private placement in line with the policies of the Exchange. The Offering is subject to Exchange approval. Proceeds from the Offering will be used by Q-Gold for continued exploration in the Company's historic (19th Century) gold and silver camps at Mine Centre, Ontario, and Crown King, Arizona, to identify and analyze any potential opportunities for the Company, and for general corporate purposes. About Q-Gold Resources Ltd. Q-Gold is a publicly traded Canadian-based mineral exploration company currently exploring for precious and base metals on its Ontario and Arizona prospects. Contact Information: J. Bruce Carruthers II, Chairman at 1-928-779-0166 or info@qgoldresources.com, Website: http://www.qgoldresources.com Forward-looking statements: Certain statements in this release are forward-looking statements, including with respect to the proposed private placement offering, and the consolidation of the Company's common shares. Forward-looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations or intentions regarding the future. Such statements are subject to risks and uncertainties that may cause actual results, performance or developments to differ materially from those contained in the statements. No assurance can be given that any of the events anticipated by the forward-looking statements will occur or, if they do occur, what benefits the Company will obtain from them. These forward-looking statements reflect management's current views and are based on certain expectations, estimates and assumptions which may prove to be incorrect. A number of risks and uncertainties could cause our actual results to differ materially from those expressed or implied by the forward-looking statements, as well as other factors beyond the Company's control. These forward-looking statements are made as of the date of this news release. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

© 2024 Canjex Publishing Ltd. All rights reserved.