Business

QcX Gold Completes Acquisition

Toronto, Ontario--(Newsfile Corp. - December 23, 2025) - QcX Gold Corp. (TSXV: QCX) (OTC Pink: ...

articleQcx Gold CorpDecember 23, 20255/news/qcx-gold-completes-acquisition
QcX Gold Completes Acquisition

About this update from Qcx Gold Corp

QcX Gold Completes AcquisitionToronto, Ontario--(Newsfile Corp. - December 23, 2025) - QcX Gold Corp. (TSXV: QCX) (OTC Pink: QCXGF) (FSE: 21MA) ("QcX" or the "Company") is pleased to announce that, further to its press release of December 12, 2025, it has acquired a 100% legal and beneficial interest in and to the Olsen Project, a 3,715-hectare land package located within the Batchawana Bay area in northwest Ontario (the "Olsen Project"). The Olsen Project was acquired pursuant to a mining claim acquisition agreements (the "Agreements") dated December 12, 2025 with arm's length parties (the "Vendors").As consideration for the Property, the Company has issued an aggregate of 500,000 Common Shares at a deemed price of $0.33 per Common Share and made the initial cash payment in the amount of $28,000. All securities issued are subject to a statutory hold period of four months and one day from the issuance thereof, as applicable, in accordance with applicable securities laws.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 for exploration.On behalf of the Board of Directors:Aaron Stone, P.Geo.Vice President [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 availability of the required funds to continue with the expl...

View stock analysis, news, and events for Qcx Gold Corp