Business
No Current QcX Gold Management or Directors Named in Decision from British Columbia Securities Commission
Toronto, Ontario--(Newsfile Corp. - October 14, 2022) - QcX Gold Corp. (TSXV: QCX) (OTCQB: QC...
About this update from Qcx Gold Corp
[{"type":"text","content":"No Current QcX Gold Management or Directors Named in Decision from British Columbia Securities CommissionToronto, Ontario--(Newsfile Corp. - October 14, 2022) - QcX Gold Corp. (TSXV: QCX) (OTCQB: QCXGF) (FSE: 21MA) (\"QcX\" or the \"Company\") announces that the British Columbia Securities Commission has issued a Decision of the Commission dated October 11, 2022, with respect to various findings against the former management and former qualified person of the Company. The contraventions occurred between October 2014 and November 2017. None of the findings, sanctions, or penalties in the Decision of the Committee relate to the current directors or officers of the Company or the Company itself.Since new management was appointed in October 2019, the Company's focus has been on its newly acquired properties, the Golden Giant and the Fernet Properties, located in the Province of Quebec, and no longer owns any assets in Mexico, specifically the Hilda Property.About QcX GoldQcX Gold is exploring for gold and VMS style mineralization on its highly prospective and well-located properties in Québec, Canada. The Golden Giant Project is located in the James Bay region of Québec, only 2.9 km away from Azimut Exploration Inc.'s Patwon discovery on their Elmer gold project. The Fernet Project is located in the Abitibi Greenstone Belt in the Province of Québec and is contiguous with Wallbridge Mining Company Limited's Fenelon/Martinière property. Both properties are in close proximity to major discoveries which bodes well for exploration.For further information, please contact:Albert ContardiInterim Chief Executive [email protected] the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.Forward-looking statements:This news release contains forward-looking statements. All statements, other than of historical facts, that address activities, events or developments that the Company believes, expects or anticipates will or may occur in the future including, without limitation, the planned exploration program, the expected positive exploration results, the timing of the exploration results, the ability of the Company to continue with the exploration program, the availabi...