Q2 Metals Corp. is pleased to announce that it has closed the second and final tranche of the non-brokered private placement of units of the Company as announced on July 10 and updated July 11, 2024 for aggregate gross proceeds of $4,348,480, which, together with the aggregate gross proceeds raised from the first tranche , total $6,880,369. For details regarding the First Tranche, see the press release of the Company [...]
Q2 Metals Corp. is pleased to announce that it has closed the first tranche of the non-brokered private placement of units of the Company as announced on July 10 and updated July 11, 2024. Under the First Tranche, the Company has issued: 1,142,857 flow-through units at a price of $0.35 per unit for total gross proceeds of $400,000, representing an upsize of 142,857 FT Units, with each unit consisting of one flow-through [...]
Q2 Metals Corp. is pleased to announce an update to the terms of the non-brokered private placement of units of the Company as announced on July 10, 2024. The charity flow-through unit portion of the Offering has been updated to reflect an increase in the price of the units being offered from $0.4625 to $0.475 per unit. As such, the charity flow-through unit portion is now comprised of up to 10,526,315 units of Q2 at a [...]
Q2 Metals is pleased to announce that it has arranged a non-brokered private placement of units of the Company to raise gross proceeds of up to $7,500,000 as follows: Up to 10,800,000 units of Q2 at a price of $0.4625 per unit for gross proceeds of up to $4,995,000. Each Charity Unit will consist of one flow-through common share of Q2 and one half of one share purchase warrant. Each Warrant will entitle the holder to [...]
Highlights: 8 new spodumene-bearing pegmatite discoveries have been confirmed as mineralized, for a total of 15 spodumene pegmatite zones on the Cisco Property thus far. 41 samples of the CO1 to CO15 outcrop groups ranged in grade up to 4.31% Li2O, averaging 1.80% Li2O. Q2 Metals Corp. is pleased to announce analytical results from the ongoing 2024 mapping and sampling field program at the Cisco Lithium Property . The [...]
Highlights: Four additional holes for approximately 1,215 metres have been drilled at the Cisco discovery zone as drilling continues to the CO3 Zone, located 750 m southwest, confirming and extending previously encountered mineralization. Drill hole CS24-011 encountered six individual spodumene pegmatite intervals, for a total cumulative width of 125.1 m. Drill hole CS24-012 encountered eight spodumene pegmatite [...]
Highlights: A total of four holes for approximately 1017.1 metres have been drilled at the Cisco discovery zone confirming and extending previously encountered mineralization. Drill hole CS24-007 intersected a total of eleven individual spodumene pegmatite intervals, for a total cumulative width of 100.1 m. Drill hole CS24-009 encountered five spodumene pegmatite intervals, for a cumulative width of 117.1 m. Drill hole [...]
Q2 Metals Corp. announces that, further to its news release on February 29, 2024, the Company has completed the closing of three individual option agreements that were each entered into on February 28, 2024, as amended on June 12, 2024 . Under the terms of the Option Agreements, the Company was granted the exclusive right and option to acquire a 100% interest in three groups of mineral claims collectively known as the [...]
Q2 Metals Corp. is pleased to announce that it has collared the first drill hole of the 2024 inaugural drill program at the Cisco Lithium Property located within the greater Nemaska traditional territory of the Eeyou Istchee James Bay region of Quebec, Canada. The detailed mapping and sampling campaign remains ongoing at the Property. Figure 1 Active drill rig at the Cisco Lithium Property for inaugural drill program To [...]
Q2 Metals Corp. announces that subject to acceptance by the TSX Venture Exchange , the Company intends to amend the exercise price of an aggregate of 12,908,333 outstanding common share purchase warrants of the Company that were issued as part of the Company's private placement that closed on February 23, 2023 . The Warrants had an original exercise price of $1.25 and the Company intends to amend the exercise price to [...]
Q2 Metals Corp. is pleased to announce that the Q2 geology team and drilling contractors have mobilized to begin its inaugural exploration program at the Cisco Lithium Property . The Company will commence a detailed mapping and sampling program at the Cisco Property which will provide guidance on the extent of the lithium mineralization at the initial target area and identify other potential target areas on the sizeable [...]
Highlights: Confirmation of lithium and tantalum mineralization with the following results: 115.4 m at 1.40% Li2O and 13 9ppm Ta2O5 within a cumulative width of five separate pegmatite intervals in hole CS-23-05 57.8 m at 1.44% Li2O and 130ppm Ta2O5 within a cumulative width of three separate pegmatite intervals in hole CS-23-06 Q2 Metals Corp. is pleased to announce the results of the re-assaying of the initial core [...]