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QcX Gold Corp: QCX Gold Corp. Announces Closing of Private Placement of Flow-Through Units (TSXV: QCX) (OTCQB: QCXGF) (FSE: 21MA) (
QcX or the
Company ) is pleased to announce that it has closed a non-brokered private placement offering of an aggregate of 5,067,997 flow-through units (a
FT Unit ) of the Company at a price of $0.15 per FT Unit for gross proceeds of $760,199.55 (the
Offering ).
Each FT Unit is comprised of one common share in the capital of the Company, issued on a flow-through basis (each, a
FT Share ), and one-half of one common share purchase warrant (each whole warrant, a
Warrant ). The FT Shares will qualify as flow-through shares within the meaning of subsection 66(15) of the