Q-Gold Announces Private Placement Financing Fully Allocated; Update on Quartz Mountain Transaction

Group 1 - Q-Gold Resources Ltd. has successfully fully allocated its offering of up to 66,666,667 units, indicating strong investor interest and support for the company's projects and strategy [1][2] - The completion of the offering is subject to customary closing conditions, including approval from the TSX Venture Exchange and execution of necessary agreements [2] - The company has amended its share exchange agreement with Alamos Gold Inc., reducing the threshold for granting a re-purchasable net smelter return royalty from 50% to 19.9% [3][4] Group 2 - The amendment stipulates that no common shares will be issued for milestone payments if it exceeds a total of 138,326,406 shares, although the company will seek approval for additional issuances if requested by Alamos [5] - Q-Gold is a publicly traded Canadian mineral exploration company focused on high-grade gold and silver discoveries, currently exploring the Foley Gold Mine in Ontario [6]