Q-Gold Resources Raises $11.5 Million in Fully Subscribed Private Placement

Reuters12-20 07:00
Q-Gold Resources Raises $11.5 Million in Fully Subscribed Private Placement

Q-Gold Resources Ltd. has successfully closed a fully subscribed private placement financing, raising gross proceeds of $11.5 million, including a 15% overallotment, with BMO Capital Markets acting as agent. The funds will be used to advance the company's Quartz Mountain Gold Project in Oregon and Mine Centre Gold Project in Ontario, as well as for permitting, exploration activities, and general corporate purposes. The financing significantly strengthens the company’s treasury and supports its ongoing growth and development strategies.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Q-Gold Resources Ltd. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 9605377) on December 19, 2025, and is solely responsible for the information contained therein.
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