Q2 Metals raises $7.5M via private placement (OTCQB:QUEXF)

  • Q2 Metals (OTCQB:QUEXF) arranged a non-brokered private placement to raise gross proceeds of up to $7.5M.
  • The placement includes up to 10.8M units of Q2 at a price of $0.4625 per unit; up to 1M units of Q2 at a price of $0.35 per unit; up to 8.62M units of Q2 at a price of $0.25 per unit.
  • Proceeds will be used for general corporate purposes.
  • Closing expected on July 31, 2024.