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Copper Quest Rebrands and Settles Debt to Strengthen Market Position

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Copper Quest Rebrands and Settles Debt to Strengthen Market Position

Interra Copper Corp ( (TSE:IMCX) ) just unveiled an announcement.

Copper Quest Exploration Inc. has officially changed its name from Interra Copper Corp. to Copper Quest, with its shares now trading under the new ticker symbol CQX on the Canadian Securities Exchange. This rebranding signifies the culmination of a corporate restructuring, including new management and technical teams, and a revitalized board of directors. In addition, Copper Quest has entered a debt settlement agreement to issue shares in exchange for settling a $20,000 debt, aiming to preserve cash for working capital. This move reflects the company’s strategic efforts to strengthen its financial position and advance its 2025 objectives.

More about Interra Copper Corp

Copper Quest Exploration Inc., formerly known as Interra Copper Corp., operates in the mineral exploration and development industry, focusing on critical mineral exploration. The company is strategically positioned with a significant portion of its shares held by management, directors, advisors, and strategic investors.

YTD Price Performance: 29.63%

Average Trading Volume: 5,440

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $3.25M

See more insights into IMCX stock on TipRanks’ Stock Analysis page.

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