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Quimbaya Gold Secures $651,500 in Private Placement
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Quimbaya Gold Secures $651,500 in Private Placement

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Quimbaya Gold Inc (TSE:QIM) has released an update.

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Quimbaya Gold Inc. has successfully closed a non-brokered private placement, raising $651,500 to fund exploration and working capital. The placement involved the issuance of 2,171,665 units, each comprising one common share and one warrant. The company remains focused on its mining projects in Colombia’s Antioquia Department.

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

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