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Quimbaya Gold Receives Final Receipt for Prospectus and Approval for Listing from the Canadian Securities Exchange
VANCOUVER, BC - Quimbaya Gold Inc. (CSE: QIM) (“Quimbaya” or the “Company”) is pleased to announce the Company has been issued a receipt for its final prospectu
About this update from Quimbaya Gold Inc
[{"type":"text","content":"VANCOUVER, BC - Quimbaya Gold Inc. (CSE: QIM) (“Quimbaya” or the “Company”) is pleased to announce the Company has been issued a receipt for its final prospectus by the British Columbia Securities Commission. A copy of the final prospectus is available under the Company's issuer profile on SEDAR at www.sedar.com. The Company has also received approval to list its common shares on the Canadian Securities Exchange (the “Exchange”) and its Shares will be listed for trading on the Exchange starting Monday, February 28, 2022 under the stock symbol “QIM”. Quimbaya has raised a total of 1,922,496$CA and features an attractive share structure with only 15,162,119 common shares (“Shares”) currently issued and outstanding. A total of 8,365,740 Shares (approximately 55%) are subject to 36 month time release escrow provisions. The net proceeds will primarily be used to fund exploration on the Company's Berrio property which consists of 1218 hectares of land title situated within the Segovia gold belt, one of the most prolific gold formations in Colombia (the “Berrio Property”). The directors and officers of Quimbaya are Alexandre P. Boivin, the Chief Executive Officer of the Company and a director; Olivier Berthiaume, the Chief Financial Officer; Alexandre De Beaulieu, the Corporate Secretary and a director; Jean-Luc Peyrot, a director; Bill deJong, a director; and Christopher Gulka, a director. Qualified Person The technical information in this news release has been reviewed and approved by Jack King, B.Sc., M.Sc., P. Geo. Mr. King is the Qualified Person responsible for the scientific and technical information contained herein under National Instrument 43-101 standards. About Quimbaya Quimbaya aims to consolidate gold reserves through exploration and acquisition of mining properties in Antioquia, Colombia. Managed by an experienced team in mining sector, Quimbaya is focused on its Berrio Project in Antioquia, in which the company owns over 1218 hectares of prospective high-grade gold lands. Antioquia is the most prolific department for gold in Colombia. Cautionary Statements Certain statements contained in this press release constitute \"forward-looking information\" as that term is defined in applicable Canadian securities legislation. Forward-looking information by its nature is based on assumptions and involve ...