Download PDF | View documents on Sedar
MONTREAL, QC – February 18, 2020 – Quebec Precious Metals Corporation (TSXV:CJC)(FSE:YXEP)(OTCBB:CJCFF) (“QPM” or the “Company”) announces that it has granted an aggregate of 785,000 stock options (the “Options”) of the Company. Of this number, 685,000 have been granted to its directors and officers, and 100,000 to three consultants. Each Option entitles its holder to purchase one common share of the Company at a price of $0.28 per share for a five-year period, vesting and will vest immediately. Options granted to the consultants are exercisable for a two-year period and will vest immediately. Options are granted in accordance with Policy 4.4 of the TSX Venture Exchange (the “Exchange”) and the terms and conditions of the Company’s stock option plan (the “Stock Option Plan”).
QPM also announces that it has amended its Stock Option Plan. The amendment increases the maximum number of shares issuable upon exercise of the options granted under the Stock Option Plan from 4,498,055 to 6,743,433. Such number represents 10% of the total number of shares issued and outstanding as at the date hereof. The amendment is subject to approval by the Exchange.
About Quebec Precious Metals Corporation
QPM is a new gold explorer with a large land position in the highly-prospective Eeyou Istchee James Bay territory, Quebec, near Newmont Goldcorp Corporation’s Éléonore gold mine. QPM’s flagship project is the Sakami project with significant grades and well-defined drill-ready targets. QPM’s goal is to rapidly explore this project to advance it to the mineral resource estimate stage.
For more information please contact:
Jean-François Meilleur
President
Tel.: 514 951-2730
jfmeilleur@qpmcorp.ca
Normand Champigny
Chief Executive Officer
Tel.: 514 979-4746
nchampigny@qpmcorp.ca
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
- February 03, 2023 Quebec Precious Metals to Issue Shares in Payment of Debts and Deferred Share Units
- December 15, 2022 Quebec Precious Metals to Issue Shares in Payment of Debts and Deferred Share Units
- November 11, 2022 Idaho Champion and Quebec Precious Metals Closes Acquisition of Prospective Lithium Projects in Pegmatite-Rich James Bay region, Quebec
- November 07, 2022 Quebec Precious Metals receives $ 1 M payment
- October 12, 2022 Quebec Precious Metals announces results of Annual shareholders meeting
- October 10, 2022 Quebec Precious Metals continues sales process for Kipawa & Zeus projects following termination of agreement by Vital
- September 19, 2022 Idaho Champion Goes Full Battery by Acquiring Prospective Lithium Projects in James Bay Region; Quebec Precious Metals to Become Significant Shareholder
- September 08, 2022 Quebec Precious Metals to hold AGM on October 11th and Issue Shares in Payment of Debts
- July 22, 2022 Quebec Precious Metals Postponement of Annual Meeting of Shareholders
- May 26, 2022 Quebec Precious Metals drills La Pointe Extension: 0.84 g/t Au over 63 m downhole, higher-grade core extended +200 m at depth, open in all directions
- March 23, 2022 Quebec Precious Metals and GoldSpot provide an update on the Elmer East project: multiple gold targets over 4.5 km
- March 15, 2022 Quebec Precious Metals grants stock options
- March 10, 2022 Quebec Precious Metals drills La Pointe Extension: 69.6 g/t Au over 0.6 m within 1.32 g/t Au over 94 m downhole
- February 24, 2022 Quebec Precious Metals identifies drill targets over 2.5-km along strike from the La Pointe Extension gold deposit