Quimbaya Gold Inc ( (TSE:QIM) ) just unveiled an update.
Quimbaya Gold Inc. has successfully closed the third tranche of its non-brokered private placement, raising $940,740, and has increased the total offering to $3 million due to strong investor demand. The proceeds will be used for exploration and working capital. The company has also completed debt settlements with certain creditors and announced changes to its board, with William DeJong stepping down but continuing as an advisor.
More about Quimbaya Gold Inc
Quimbaya Gold Inc. is a company operating in the gold mining industry, primarily focused on exploration and the development of high-grade gold projects, particularly in Colombia.
YTD Price Performance: -3.03%
Average Trading Volume: 60,063
Technical Sentiment Consensus Rating: Buy
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