Fully Subscribed Placement to Accelerate Exploration

Further drilling results from Mt Chalmers remain imminent with a third resource upgrade expected in H2-2022. Overview QMines Limited (ASX:QML) (QMines or Company) is pleased to announce that it has received firm commitments to raise $2,063,500 (before costs) by way of a placement to new and existing sophisticated and institutional shareholders. The Company will issue 13,756,663 fully paid ordinary