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BRIEF-QMX Gold resumes exploration activities, appoints Brad Humphrey as president and CEO

Published 2016-10-12, 07:11 a/m
© Reuters.  BRIEF-QMX Gold resumes exploration activities, appoints Brad Humphrey as president and CEO
QMX
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Oct 12 (Reuters) - Qmx Gold Corp QMX.V

* QMX Gold resumes exploration activities, announces private placement and debt settlement agrement, Appoints Brad Humphrey as president and ceo, and recommends name change to Quebec Soleil

* Says David Rigg resigned from the board

* QMX Gold Corp says private placement financing of up to $6.0 million, consisting of $4.5 million common in shares and $1.5 million in flow through shares

* QMX Gold Corp- proceeds from private placement will be used to resume exploration activities and to settle outstanding indebtedness

* QMX Gold Corp- financing and debt settlement are expected to close on or about October 18, 2016 Source text for Eikon: ID:nCCN9lDGQL Further company coverage: QMX.V

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