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BRIEF-QC Copper Announces Sale Of Baselode Shares

reuters ·  Oct 6, 2021 07:04

Oct 6 (Reuters) - QC Copper and Gold Inc QCCU.V :

* QC COPPER ANNOUNCES SALE OF BASELODE SHARES

* QC COPPER AND GOLD INC - INTENDS TO ENTER INTO AGREEMENTS TO SELL 7.1 MILLION COMMON SHARES OF BASELODE ENERGY TO ARMS-LENGTH PARTIES

* QC COPPER AND GOLD INC - ON COMPLETION OF SALE, QC COPPER WILL RETAIN 10.7 MILLION SHARES IN BASELODE

* QC COPPER AND GOLD INC - PROCEEDS OF SALE WILL BE PRIMARILY USED TO FUND EXPLORATION ACTIVITIES AT QC COPPER'S OPEMISKA PROJECT

Source text for Eikon: ID:nCNWW4lT7a Further company coverage: QCCU.V

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