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QMC gets work permit for Irgon lithium mine project in Canada


14 April 2021 (Last Updated April 14th, 2021 15:40)
QMC Quantum Minerals has secured a permit for the 2021 work programme for its 100% owned Irgon Lithium Mine Project in Manitoba, Canada.
The Irgon Lithium Mine Project comprise the former Irgon Mine. Credit: Markus Distelrath from Pixabay.
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QMC Quantum Minerals has secured a permit for the 2021 work programme for its 100% owned Irgon Lithium Mine Project in Manitoba, Canada.
The project comprises the former Irgon Mine and several other known spodumene-bearing pegmatite dikes.
Planned to begin in near future, the work programme involves the stripping of overburden, prospecting, and surface and channel sampling, in addition to obtaining a bulk sample. ....

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EV Battery Industry Becoming One of the Fastest Expanding Markets Creating Boon for Lithium Miners


EV Battery Industry Becoming One of the Fastest Expanding Markets Creating Boon for Lithium Miners
FinancialNewsMedia.com News Commentary
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PALM BEACH, Fla., April 13, 2021 /PRNewswire/ Today, with the increasing concerns raised over the environmental impact of conventional vehicles, governments around the world are encouraging the adoption of vehicles using alternative sources of fuel. EVs are zero-emission vehicles and are gaining preference for clean public transport across countries. Several national governments offer financial incentives, such as tax exemptions and rebates, subsidies, reduced parking/toll fees for EVs, and free charging, to encourage the adoption of EVs. Thus, globally the requirement of EV battery is gaining fast pace. Lithium-ion batteries are the most common battery type used in modern electric vehicles. These batteries have higher energy density compared to lead-acid or nickel-metal hydride batteries. ....

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QMC 7.5 Million Share Financing Fully Subscribed


QMC Quantum Minerals Corp., (TSX.V: QMC) (FSE: 3LQ) (OTC PINK: QMCQF) (
QMC or the Company ), further to its February 12, 2021 news release, the Company has received conditional approval from the TSX Venture Exchange for its a non-brokered private placement for $2.1 million. The private placement will consist of issuing 7.5-million units at $0.28 per unit, where each unit will consist of one common share and one common share purchase warrant exercisable at $0.37 per warrant for a period of 24 months. In the event that the closing price of the Company s shares as quoted on the TSXV exceeds $0.50 per share for ten consecutive trading days, the Company may accelerate the expiry date of the warrants by giving notice to the holders, within five days of such event, thereof, and in such case, the warrants will expire on the 30 ....

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