VMS style mineralization

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QcX Gold Announces Private Placement
Newsfile· 2025-08-22 21:15
Core Viewpoint - QcX Gold Corp. is initiating a non-brokered private placement financing to raise up to $750,000 through the issuance of units priced at $0.10 each, aimed at funding exploration and general working capital [1][3]. Financing Details - The private placement will consist of up to 7,500,000 units, each unit comprising one common share and one warrant [1][2]. - Each warrant allows the holder to purchase one common share at a price of $0.15 for a period of 24 months from issuance [2]. Use of Proceeds - The net proceeds from the offering will be allocated for continued exploration and evaluation of the Golden Giant and Fernet properties, as well as for general working capital [3]. Regulatory Compliance - The closing of the offering is contingent upon receiving all necessary corporate and regulatory approvals, including from the TSX Venture Exchange [3]. Company Overview - QcX Gold is focused on gold and VMS style mineralization exploration in Québec, Canada, with significant projects located near major discoveries [5]. - The Golden Giant Project is situated 2.9 km from Azimut Exploration Inc.'s Patwon discovery, while the Fernet Project is adjacent to Wallbridge Mining Company's Fenelon/Martinière property [5].