Latest Qmx Gold Corp (QMXGF) Headlines QMX Gold
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QMX Gold Produces Over 22,000 Ounces of Gold in 2013 from Lac Herbin Mine
Marketwire - Tue Feb 25, 6:04AM CST
QMX GOLD CORPORATION (TSX VENTURE: QMX) ("QMX Gold" or the "Company") produced approximately 7,260 ounces of gold from its Lac Herbin Mine in Val D'Or, Quebec in the fourth quarter of 2013. This brings total production for 2013 to over 22,200 ounces of gold, in line with Company guidance. Full financial details will be released in March 2014.
QMX to Begin Trading on TSX Venture Exchange on February 20, 2014
Marketwire - Tue Feb 18, 6:02AM CST
QMX GOLD CORPORATION (TSX: QMX) ("QMX Gold" or the "Company") announces that its common shares (the "Shares") have been approved for listing on the TSX Venture Exchange. The Shares will be delisted from the Toronto Stock Exchange at the close of business on Wednesday, February 19, 2014 and commence trading on the TSX Venture Exchange at the open of business on Thursday, February 20, 2014 under the ticker symbol QMX.
QMX Continues Trading on the TSX Until February 24, 2014
Marketwire - Mon Feb 10, 6:01AM CST
QMX GOLD CORPORATION (TSX: QMX) ("QMX Gold" or the "Company") has received notice from the TSX that common shares of the Company will continue trading on the TSX until February 24, 2014 while the Company continues to pursue listing of its common shares on the TSX Venture Exchange as outlined in the press releases dated December 10th and 11th, 2013. While a listing on the TSX Venture Exchange is not guaranteed, this extension helps a smooth transition of the listing of the Company's common shares from the TSX without a disruption in trading.
Best's Rating Notification - Mercury County Mutual Insurance Company
Rating Division - AMBest - Fri Jan 31, 10:34AM CST
A.M. Best Company has made the following rating update:
QMX Gold Extends Loan Facility With Third Eye Capital
Marketwire - Tue Jan 28, 4:31PM CST
QMX GOLD CORPORATION (TSX: QMX) ("QMX Gold" or the "Company") and Third Eye Capital Corporation ("TEC") have signed an amending agreement that will further extend the term of the bridge loan facility provided by TEC until March 31, 2014 and be subject to the same terms and conditions outlined in the Company's press release dated October 9th, 2013.
Global Orphan Drug Pipeline Analysis
M2 - Fri Jan 17, 3:54AM CST
In recent years, the pharmaceutical industry has been experiencing a paradigm shift. While a large pool of patients was considered as a major source of revenue for pharma companies in the past, the focus is now gradually shifting to small sections of patients suffering from rare disease. In US & Europe, this pool of patients is gradually growing and orphan drugs are becoming an extremely attractive business proposition for the pharmaceuticals industry. With close to 65-70 Million people in the US & Europe having some kind of rare disease complaints, the increasing activities around the development of orphan drugs only imply that the appropriate treatments for unmet needs are increasing, thus increasing the profit margins in the future. As the Asian pharmaceutical markets are still in growth stage, the opportunities for orphan drugs in Asia are also immense and getting increasingly popular. It is expected that by 2020, the Asian orphan drugs market would witness steady growth.
QMX Gold Agrees to Extend Closing on the Sale of Snow Lake Property
Marketwire - Wed Jan 15, 7:30AM CST
QMX GOLD CORPORATION (TSX: QMX) ("QMX Gold" or the "Company") and Northern Sun Mining Corp., formerly Liberty Mines Inc. ("Northern Sun"), have agreed to an extension of the closing of the proposed acquisition by Northern Sun of the Snow Lake property, detailed in the press release dated October 2, 2013. The closing is now expected to occur on or before March 31, 2014. The execution of the agreement remains subject to a number of conditions, including without limitation, receipt all necessary government and regulatory approvals in Canada and China, completion of due diligence, and Northern Sun securing the financing necessary to complete the acquisition. Additionally, QMX Gold has agreed to waive the extension fee of $100,000 set out in the original sale agreement.
QMX Confirms Application for Stock to Begin Trading on TSX Venture Post TSX Delisting
Marketwire - Wed Dec 11, 11:07AM CST
QMX GOLD CORPORATION (TSX: QMX) ("QMX Gold" or the "Company") announces that, further to the press release dated December 10, 2013, the Company confirms that it intends to list its common shares on the TSX Venture Exchange (the "TSX-V").
QMX Receives TSX Listing Committee Decision
Marketwire - Tue Dec 10, 9:30AM CST
QMX GOLD CORPORATION (TSX: QMX) ("QMX" or the "Company") has been informed of the decision of the Listing Committee of the Toronto Stock Exchange ("TSX") to delist the common shares of the Company effective January 9, 2014 on the basis that QMX is now failing to meet the continuing listing requirements of the TSX. The Company is considering filing an appeal in accordance with the requirements of the TSX to reverse the decision of the Committee. At the same time, to ensure that there is an appropriate market available for shareholders of QMX, representatives of the Company have entered into discussions with the TSX Venture Exchange ("TSX-V") about filing an application for listing the Company's common shares under the streamlined listing procedure of the TSX-V.
QMX Announces Total Revenue of $8.11 Million in the Third Quarter of 2013
Marketwire - Fri Nov 15, 7:01AM CST
QMX GOLD CORPORATION (TSX: QMX)("QMX Gold" or the "Company") sold 5,885 ounces of gold at an average price of $1,362. Total revenue for the third quarter of 2013 was $8.11 million. All figures are reported in Canadian dollars, unless noted otherwise.
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