Learn languages naturally with fresh, real content!

Popular Topics
Explore By Region
Q-Gold raised $11.5M in a private placement to fund a potential acquisition, with funds held in escrow until conditions are met.
Q-Gold Resources Ltd. closed a $11.5 million private placement by issuing 76.67 million subscription receipts at $0.15 each, including the full exercise of a 15% over-allotment option.
Funds are held in escrow pending conditions for its proposed acquisition of Alamos Gold’s stake in Oregon’s Quartz Mountain gold project.
Upon meeting regulatory and closing conditions, receipts will convert into units—each with one common share and half a warrant exercisable at $0.20 until October 3, 2027, with potential acceleration if the share price exceeds $0.25 for 10 consecutive days after February 4, 2026.
If conditions aren’t met by November 14, 2025, funds will be returned.
BMO Capital Markets earned a $690,000 commission, half paid at closing, the rest held in escrow.
Q-Gold recaudó $11.5M en una colocación privada para financiar una posible adquisición, con fondos mantenidos en depósito hasta que se cumplan las condiciones.