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Questcorp Mining Receives Initial Investment from U.K. Based Institutional Investor Sorbie Bornholm LP.
Newsfileยท 2025-11-11 08:15
Investment Announcement - Questcorp Mining Inc. has received an initial investment of CAD$2,000,000 from Sorbie Bornholm LP, a UK-based institutional investor [1][2] - The funds will be allocated to advance exploration and development programs at the La Union Gold and Silver Project in Sonora, Mexico, and the North Island Copper Property in British Columbia, as well as for general working capital [1] Management Commentary - The President & CEO of Questcorp expressed satisfaction with the strategic investment, viewing it as a vote of confidence in the company's team and long-term potential [2] - The Managing Director of Sorbie Bornholm highlighted their confidence in Questcorp's leadership and the alignment of interests through a Sharing Agreement designed to support growth and operational success [2] Company Overview - Questcorp Mining Inc. focuses on the acquisition and exploration of mineral properties in North America, aiming to develop economic precious and base metals properties [8] - The company holds options to acquire 100% interests in mineral claims totaling 1,168.09 hectares for the North Island Copper Property and 2,520.2 hectares for the La Union Project, both subject to royalty obligations [8] Sorbie Bornholm Overview - Sorbie Bornholm LP is a global investment firm that provides funding to micro, small, and mid-cap growth companies, focusing on public equity investments [3] - The firm employs a unique "Sorbie-Strategy" that has been utilized in over 50 investments, often resulting in companies receiving more cash than the original offering proceeds without issuing additional shares [4]