Quebec Precious Metals (QPM.V)(OTCQB:CJCFF) Unveils Private Placement Offering for Investors

This past Tuesday Quebec Precious Metals (QPM.V)(OTCQB:CJCFF) was in the news after the company made a major new announcement with regards to a non-brokered private placement. In the aforementioned private placement, the company would offer a total of 7,075,000 common shares for the price of $0.85 for each head share, a maximum of 4,000,000 flow-through common shares for the price of $0.15 each, and a maximum of 3,712,500 charity flow-through common shares for the price of $0.16 each.

The company’s Chief Executive Officer Norma Champigny spoke about the matter as well and noted that everyone at the company was pleased with the level of support that the offering had received.

He noted that the proceeds from the offering would fund Quebec Precious Metals’ exploration program for 2023 at James Bay, gold drilling activities at Sakami, and would also fund the field follow-up activities on the best targets that had been identified from the lithium potential study that had been conducted by ALS GoldSpot. He went on to add that there was going to be a slew of positive news through the rest of 2023. He thanked the shareholders of the company for their continued support.