top of page
Q Precious & Battery Metals Corp Logo

Q BATTERY CLOSES FIRST TRANCHE OF PRIVATE PLACEMENT

  • Writer: Mr. Richard Penn
    Mr. Richard Penn
  • Jan 4, 2023
  • 1 min read

Mr. Richard Penn reports


Q BATTERY METALS CORP. CLOSES FIRST TRANCHE OF FLOW THROUGH PRIVATE PLACEMENT


Q Battery Metals Corp. has closed the first tranche of a flow-through private placement previously announced Sept. 18, 2023. The company issued a total of 7,425,000 units at a price of four cents per unit.


Each unit consists of one flow-through common share and one-half of one non-flow-through share purchase warrant. Each warrant will entitle the holder to purchase a non-flow-through share at a price of 10 cents per share for a two-year term.


The company paid finder's fees to EMD Financial consisting of $28,500 cash, 356,250 common shares and 285,000 finders warrants exercisable at 10 cents per share for a two-year term.


The securities issued are subject to a four-month-and-one-day hold from the date of issuance.


The proceeds from the offering will be for critical mineral exploration activities in Quebec.


We seek Safe Harbor.

Recent Posts

See All

Comments


bottom of page