Queen's Road Capital Investment Ltd. announces that due to the ongoing Canada Post strike, it may be unable to make timely delivery by mail to its beneficial shareholders of the meeting materials relating to its annual general meeting to be held on January 10, 2025 . A copy of the notice of meeting and management information circular for the [...]
Queen's Road Capital Investment Ltd. is pleased to announce that the Board of Directors of the Company has approved the continuation of the Company's normal course issuer bid for a further period of 12 months . The Company's notice to commence the 2024 NCIB has been approved by the Toronto Stock Exchange . The Company intends to purchase up to [...]
Queen's Road Capital Investment Ltd. is pleased to declare its annual dividend of C$0.021/share payable on November 14, 2024 . The dividend is payable to all shareholders of record as at November 4, 2024 . This year's dividend payment is an increase of C$0.002 over last year's dividend payment representing a one-year increase of 11% reflecting the [...]
Queen's Road Capital Investment Ltd. is pleased to announce that it has completed its previously announced private placement of 21,428,571 shares at a price of C$0.70 per share for gross proceeds of C$15 million. Proceeds from the private placement will be used to augment the company's working capital. The shares sold in the placement are subject [...]
Queen's Road Capital Investment Ltd. is pleased to announce that it is undertaking a fully subscribed non-brokered private placement of 21,428,571 common shares at a share price of C$0.70 for total proceeds of C$15,000,000. Proceeds from the private placement will be used to augment the company's working capital. Closing will occur following [...]
Queen's Road Capital Investment Ltd. is pleased to announce that it has entered into an agreement with Moxico Resources plc whereby the Company will invest US$50,000,000 in a Moxico convertible debenture. The convertible debenture will have a 5-year term, carry an 11.0% coupon , a 3% establishment fee and will be convertible into Moxico common [...]
Queen's Road Capital Investment Ltd. is pleased to announce that, further to the press release dated February 6, 2024, Wyloo Metals Pty Ltd. has now completed the sale of all of its shares in QRC to a group of non-Canadian investors. QRC would like to thank current shareholders that have participated in the transaction as well as welcome new [...]
Queen's Road Capital Investment Ltd. is pleased to announce that it has received notice from Wyloo Metals Pty Ltd. that Wyloo has entered into binding agreements with a group of non-Canadian investors. The investors have agreed to purchase 107,770,605 common shares of QRC, representing 100% of the QRC shares owned by Wyloo . Warren Gilman, Chairman [...]
Queen's Road Capital Investment Ltd. is pleased to announce that it has entered into an agreement with Gold Royalty Corp. whereby the Company will invest US$30,000,000 in a Gold Royalty convertible debenture. The convertible debenture will have a 5-year term, carry a 10.0% coupon , a 3% establishment fee and will be convertible into Gold Royalty [...]
Queen's Road Capital Investment Ltd. is pleased to announce that the Board of Directors of the Company has approved the continuation of the Company's normal course issuer bid for a further period of 12 months . The Company's notice to commence the 2023 NCIB has been approved by the Toronto Stock Exchange . The Company intends to purchase up to [...]
Queen's Road Capital Investment Ltd. is pleased to declare its annual dividend of C$0.019/share payable on November 16, 2023 . The dividend is payable to all shareholders of record as at November 6, 2023 . This year's dividend payment is an increase of C$0.002 over last year's dividend payment representing a one-year increase of 12% and a two-year [...]
Queen's Road Capital Investment Ltd. is pleased to announce that it has entered into an agreement with NexGen Energy Ltd. whereby the Company will invest US$70,000,000 in a new NexGen convertible debenture. The convertible debenture will have similar terms to the existing 2020 convertible debenture including a 5-year term and voting alignment but [...]
