Core Points - QcX Gold Corp. has acquired several strategically located mining claim blocks in the Batchawana Bay area of northern Ontario [1] - The acquisition was made through a mining claim acquisition agreement with an arm's-length vendor [1] - The company issued 6,000,000 Common Shares at a deemed price of $0.28 per share and made a cash payment of $15,000 as consideration for the property [2] - A 3% net smelter returns royalty has been granted on the property in favor of the vendor, with the company having the option to purchase up to 1.5% of the NSR for $1,000,000 [3] Company Overview - QcX Gold is focused on exploring for gold and VMS style mineralization on its properties in Québec, Canada [4] - The Golden Giant Project is located near significant discoveries, enhancing its exploration potential [4] - The Fernet Project is contiguous with Wallbridge Mining Company Limited's property, also in proximity to major discoveries [4]
QcX Gold Completes Acquisition
Newsfile·2025-11-07 22:30