QML qmines limited
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News: QML Qmines Announces Strategic Placement To Accelerate Exploration

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    26/10/22
    12:35
    Post #: 64405294

    Oct 26 (Reuters) - QMines Ltd (QML) :

    • STRATEGIC PLACEMENT TO ACCELERATE EXPLORATION
    • GOT FIRM COMMITMENTS TO RAISE A$1.3 MILLION (BEFORE COSTS) BY WAY OF PLACEMENT
    • PLACEMENT AT ISSUE PRICE OF A$0.15 PER SHARE
    • WILL ISSUE UP TO 8.4 MILLION FULLY PAID ORDINARY SHARES UNDER PLACEMENT
    • CAPITAL RAISED FROM PLACEMENT WILL BE USED TO ACCELERATE COY'S EXPLORATION AND DEVELOPMENT AT MT CHALMERS PROJECT
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