Mr. Aaron Stone reports
QCX GOLD COMPLETES ACQUISITION
QCX Gold Corp., further to its news release of Oct. 20, 2025, has acquired several strategically located mining claim blocks in the Batchawana Bay area of Northern Ontario. The property was acquired pursuant to a mining claim acquisition agreement dated Oct. 14, 2025, with an arm's-length vendor.
As consideration for the property, the company has issued an aggregate of six million common shares at a deemed price of 28 cents per common share and made a cash payment in the amount of $15,000. All securities issued are subject to a statutory hold period of four months and one day from the issuance thereof, as applicable, in accordance with applicable securities laws.
In addition, the company has granted a 3-per-cent net smelter return (NSR) royalty on the property in favour of the vendor, subject to the ability of the company to purchase up to 1.5 per cent of the NSR (resulting in the remaining NSR being reduced to 1.5 per cent) for a purchase price of $1-million.
About QCX Gold Corp.
QCX Gold is exploring for gold and VMS-style (volcanic massive sulphide) mineralization on its highly prospective and well-located properties in Quebec, Canada. The Golden Giant project is located in the James Bay region, only 2.9 kilometres from Azimut Exploration Inc.'s Patwon discovery on their Elmer gold project. The Fernet project is located in the Abitibi greenstone belt and is contiguous with Wallbridge Mining Company Ltd.'s Fenelon/Martiniere property. Both properties are in close proximity to major discoveries, which bodes well for exploration.
We seek Safe Harbor.
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