Quimbaya Gold Inc ( (TSE:QIM) ) has shared an update.
Quimbaya Gold Inc. has appointed Ricardo Sierra as Vice-President of Exploration, leveraging his extensive experience in exploration across Colombia, Chile, Cuba, and Brazil. This strategic appointment is expected to enhance the company’s exploration efforts in one of the world’s richest gold districts, particularly in Antioquia, Colombia. Additionally, Quimbaya has entered into a debt settlement agreement with a creditor, issuing common shares to settle outstanding indebtedness, which reflects the company’s financial maneuvering to strengthen its financial standing.
More about Quimbaya Gold Inc
Quimbaya Gold Inc. is engaged in the exploration and acquisition of mining properties in Colombia’s prolific mining districts. The company is managed by an experienced team and focuses on three main projects located in Antioquia Department: the Tahami Project in Segovia, the Berrio Project in Puerto Berrio, and the Maitamac Project in Abejorral.
YTD Price Performance: 3.03%
Average Trading Volume: 40,079
Technical Sentiment Consensus Rating: Buy
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