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NQ Exploration Announces a $2,000,000 Private Placement and Plan 20,000 m of Drilling on Carheil
Apr. 11, 2011 12:01PM PST
Silver InvestingNQ Exploration Inc. (CVE:NQE) reports that it has entered into an agreement with Industrial Alliance Securities Inc. to proceed with a private placement for gross proceeds of up to $2,000,000.
The press release is quoted as saying:
The funds obtained from this offering will mostly be used to continue explore and develop the 100% owned Carheil project located in northern Quebec, near the former Selbaie polymetallic mine. Recent drilling results on the project have convinced the management of NQ that a major silver rich polymetallic deposit is being uncovered in the Nordest Showing area.
Click here to access the entire news release.
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