Source: Newsfile Corp • Published: • Sentiment: positive • Ticker: QQCMF
Vancouver, British Columbia–(Newsfile Corp. – October 6, 2025) – Questcorp Mining Inc. (CSE: QQQ) (OTCQB: QQCMF) (FSE: D910) (the “Company” or “Questcorp”) announces that it has revised the terms of its previously announced non-brokered private placement (the “Offering”). The Company will now offer up to 7,500,000 units (each, an “AI Unit”) at a price of $0.20 per AI Unit for gross proceeds of up to $1,500,000 pursuant to the accredited investor exemption (the “Accredited Investor Exemption”) under Section 2.3 of National Instrument 45-106 – Prospectus Exemptions (“NI 45-106”).
This excerpt is quoted from the original release. Read the full announcement on Newsfile Corp.
Brief Summary
Questcorp Mining Inc. has announced significant updates regarding its non-brokered private placement. The offering aims to raise up to **$1,500,000** by selling **7,500,000 AI Units** at a price of **$0.20** per unit.
- Targets accredited investors under exemption regulations.
- Revised offering could enhance liquidity for the company.
- The funds will be used for further developments in mining projects.
- Investors can participate in a promising growth opportunity.
Why it matters: This revised private placement is expected to strengthen Questcorp’s operational capabilities and possibly lead to increased shareholder value.
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