Northwire Canada EditionFriday, November 13, 2026
Northwire
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Gold 3,885.30 −2.9% Silver 50.06 −3.7% Copper 6.19 −1.5% Oil 88.70 +2.5% Palladium 992.00 −5.2% SEA 35.00 −3.2% GLO 0.300 −6.2% WM 1.42 −2.1% MFG 3.25 −4.7% RAGE 0.295 +0.0% DPM 50.56 −4.2% ARIS 21.08 −4.7% AUEN 0.170 +6.2% FCI 0.540 −1.8% SLI 1.98 −5.3% COCO 0.350 −4.1% BCU 0.060 +0.0% BGF 0.025 +0.0% TDG 0.710 +44.9% PRU 6.04 −4.1% NGEX 21.01 −5.2% Gold 3,885.30 −2.9% Silver 50.06 −3.7% Copper 6.19 −1.5% Oil 88.70 +2.5% Palladium 992.00 −5.2% SEA 35.00 −3.2% GLO 0.300 −6.2% WM 1.42 −2.1% MFG 3.25 −4.7% RAGE 0.295 +0.0% DPM 50.56 −4.2% ARIS 21.08 −4.7% AUEN 0.170 +6.2% FCI 0.540 −1.8% SLI 1.98 −5.3% COCO 0.350 −4.1% BCU 0.060 +0.0% BGF 0.025 +0.0% TDG 0.710 +44.9% PRU 6.04 −4.1% NGEX 21.01 −5.2%
Financings

Q-Gold closes $1.69-million private placement

QGR · Price

Executive Summary

  • Q-Gold Resources Ltd. has closed its previously announced non-brokered private placement financing of common shares issued on a flow-through basis, raising gross proceeds of $1,694,503.
  • The company issued 4,841,437 common shares at a price of $0.35 per share, with proceeds intended for exploration work on its Mine Centre gold project in Ontario.
  • The transaction involved finder's fees of $127,560.24 in cash and the issuance of 364,456 non-transferable finder warrants, with final TSX Venture Exchange approval pending.

Key Details

  • Gross Proceeds: $1,694,503
  • Shares Issued: 4,841,437 common shares on a flow-through basis
  • Price Per Share: $0.35
  • Use of Proceeds: To finance exploration work on the Mine Centre gold project in Ontario, Canada
  • Hold Period: Statutory four-month hold period expires on April 24, 2026
  • Regulatory Status: Completion is subject to receipt of final approval of the TSX Venture Exchange
  • Finder's Fees (Cash): $127,560.24 paid to eligible finders
  • Finder's Warrants Issued: 364,456 non-transferable finder warrants
  • Finder's Warrant Terms: Each warrant entitles the holder to acquire one common share at a price of $0.35 at any time prior to December 23, 2027
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