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QI Materials Aims to Raise C$525K with Private Placement
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QI Materials Aims to Raise C$525K with Private Placement

Quebec Silica Resources Corp. (TSE:QIMC) has released an update.

Quebec Innovative Materials Corp. has launched a non-brokered private placement seeking to raise up to C$525,000 by offering 17.5 million units at C$0.03 each. These units, which include common shares and purchase warrants, will be freely tradeable and not subject to hold periods. The company may also pay finder’s fees including shares and warrants as part of the investment incentive.

For further insights into TSE:QIMC stock, check out TipRanks’ Stock Analysis page.

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