Gold

Queensland Minerals Ltd. (CVE:QML) announced that the company has closed its previously-announced non-brokered private placement.

Queensland Minerals Ltd. (TSXV:QML) announced that the company has closed its previously-announced non-brokered private placement.

The Company intends to use the proceeds raised from the Financing for general working capital. Among general corporate purposes, the Company will spend a portion of the proceeds on the properties in Serbia including mineral licenses related to the Surdulica molybdenum project, the Tulare copper and gold project and other early stage projects located in Serbia (the “Serbian Assets”), in accordance with the option agreement entered into between Dundee Precious Metals Inc. (“DPM”) and Queensland dated October 4, 2010 (see news release of October 12, 2010) (the “DPM Option”).

Click here to access the entire press release

Click here to access Queensland Minerals Corporate Site

MARKETS

Markets
TSX19062.91+345.79
TSXV647.33+15.54
DOW31500.68+823.32
S&P 5003911.74+116.01
NASD11607.62+375.43
ASX6528.40+19.90

COMMODITIES

Commodities
Gold1827.35+0.28
Silver21.15+0.03
Copper3.740.00
Palladium1879.51+6.50
Platinum911.26+4.32
Oil107.06+2.79
Heating Oil4.24+0.02
Natural Gas6.17-0.07

DOWNLOAD FREE REPORTS

×