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QcX Gold Announces Private Placement

Toronto, Ontario--(Newsfile Corp. - August 22, 2025) - QcX Gold Corp. (TSXV: QCX) (OTC Pink: QCX...

articleQcx Gold CorpAugust 22, 20253/company/qcx-gold-corp/news/qcx-gold-announces-private-placement
QcX Gold Announces Private Placement

About this update from Qcx Gold Corp

[{"type":"text","content":"QcX Gold Announces Private PlacementToronto, Ontario--(Newsfile Corp. - August 22, 2025) - QcX Gold Corp. (TSXV: QCX) (OTC Pink: QCXGF) (FSE: 21MA) (\"QcX\" or the \"Company\") is pleased to announce a non-brokered private placement financing for gross proceeds of up to $750,000 through the issuance of up to 7,500,000 units (the \"Units\") at a price of $0.10 per Unit (the \"Offering\").Each Unit is comprised of one common share of the Company (each, a \"Common Share\") and one whole Common Share purchase warrant (each, a \"Warrant\") of the Company. Each Warrant entitling the holder thereof to purchase one Common Share at a price of $0.15 per Common Share for a period of twenty-four (24) months from the date of issuance.The Company intends to use the net proceeds from the Offering for continued exploration and evaluation of the Company's Golden Giant and Fernet properties and for general working capital. Closing of the Offering is subject to receipt of all necessary corporate and regulatory approvals, including the approval of TSX Venture Exchange. All securities issued in connection with the Offering will be subject to a hold period of four months plus a day from the date of issuance and the resale rules of applicable securities legislation.This press release does not constitute an offer to sell or a solicitation of an offer to buy the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the \"U.S. Securities Act\") or any state securities laws and may not be offered or sold within the United States or to U.S. Persons as defined under applicable United States securities laws unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.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, only 2.9 km from Azimut Exploration Inc.'s Patwon discovery on their Elmer gold project. The Fernet Project is located in the Abitibi Greenstone Belt and is contiguous with Wallbridge Mining Company Limited's Fenelon/Martinière property. Both properties are in close proximity to major discoveries which bodes well ...

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