BRIEF-QMX Gold Corp says proposing name change to Quebec Soleil

Tue Oct 11, 2016 5:41pm EDT
 
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Oct 11 (Reuters) - QMX Gold Corp

* 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

* 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

* has elected to suspend production and development efforts at Lac Herbin mine and Aurbel Gold Mill has undergone winterization

* company continues to investigate potential toll milling opportunities

* proposing name change to Quebec Soleil Source text for Eikon: Further company coverage: