QCX GOLD CORP. ("QCX")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: September 7, 2023
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced on August 8, 2023 :
Number of Shares: 1) 6,200,000 flow shares
2) 3,600,000 non flow through shares
Purchase Price: 1) $0.05 per share
2) $0.05 per share
Warrants: 1) 3,100,000 share purchase warrants to purchase 3,100,000 shares
2) 3,600,000 share purchase warrants to purchase 3,600,000 shares
Warrant Exercise Price: 1) $0.10 for a two year period
2) $0.10 for a two year period
Number of Placees: 13 placees
Insider / Pro Group Participation:
Placees # of Placee (s) Aggregate # of Shares
Aggregate Existing Insider Involvement: 1 2,600,000
Aggregate Pro Group Involvement: N/A N/A
Aggregate Cash Amount Aggregate #
of Shares Aggregate #
of Warrants
Finder's Fee: $7,000 532,000 Shares 1,064,000 Warrants
Finder's Warrants Terms: Each warrant entitles the holder to purchase one common share at the price of $0.05 for period of 2 years from the date of issuance.
The Company issued a news release on August 29, 2023, confirming closing of the private placement. Note that in certain circumstances the Exchange may later extend the expiry date of the warrants, if they are less than the maximum permitted term.
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