Queen's Road Capital Investment Ltd. is pleased to announce that it has entered into a binding agreement with Contango Ore Inc. whereby the Company will purchase US$20,000,000 of convertible debentures to be issued by CORE. The convertible debentures will have a 4-year term, carry an 8.0% coupon , a 3% establishment fee and will be convertible into [...]
Queen's Road Capital Investment Ltd. is pleased to announce that it has entered into an agreement with Los Andes Copper Ltd. whereby the Company will invest an additional US$4,000,000 in Los Andes by way of convertible debenture. The convertible debenture will have the same terms as the 2021 convertible debenture: a 5-year term, carry an 8.0 [...]
Queen's Road Capital Investment Ltd. is pleased to announce that it is undertaking a non-brokered private placement to raise up to C$100 million at a share price of C$0.64. Proceeds from the private placement will be used to fund additional investments in accordance with the Company's investment policy. The Company's six largest shareholders [...]
IsoEnergy Ltd. has agreed to settle a portion of the interest payment due to Queen's Road Capital Investment Ltd. as at December 31, 2021. Pursuant to the unsecured convertible debenture dated August 18, 2020 between QRC and the Company , as at December 31, 2021, the Company will owe QRC interest in the amount of US$255,000 of which US$75,000 will [...]
Queen's Road Capital Investment Ltd. is pleased to announce that the Company's Board of Directors has approved the establishment of a share repurchase program . On November 19, 2021, Queen's Road Capital paid its inaugural dividend of C$0.015 per share to shareholders of record as at November 15, 2021. Payment of the dividend was made either in [...]
Queen's Road Capital Investment Ltd. is pleased to declare its maiden dividend of C$0.015/share payable on November 19, 2021 . The dividend is payable to all shareholders of record as at November 15, 2021 . Since its inception in February 2020, Queen's Road Capital's strategy has been to make cash generating, high-quality investments with the [...]
Queen's Road Capital Investment Ltd. is pleased to announce that it has completed its previously-announced C$21,000,000 investment in the initial public offering of Osisko Green Acquisition Ltd. , a newly organized special purpose acquisition corporation sponsored by a wholly-owned subsidiary of Osisko Mining Inc. Queen's Road Capital participated [...]
Queen's Road Capital Investment Ltd. is pleased to announce its intention to participate as an Initial Funding Investor in the Osisko Green Acquisition Ltd. initial public offering with a participation of approximately C$20 million. On July 13, 2021, Osisko Green filed its preliminary prospectus for an initial public offering of C$250 million [...]
Queen's Road Capital Investment Ltd. is pleased to announce that it has completed its previously-announced US$5,000,000 investment in Los Andes Copper Ltd. . Queen's Road Capital now holds US$5,000,000 aggregate principal amount of unsecured convertible debentures. The debentures have a 5-year term and carry an 8.0% annual coupon, payable [...]
Queen's Road Capital Investment Ltd. is pleased to announce that it has entered into an agreement with Los Andes Copper Ltd. whereby the Company will invest US$5,000,000 in Los Andes by way of convertible debenture. The convertible debenture will have a 5-year term, carry an 8.0% coupon and will be convertible into Los Andes common shares at a [...]
IsoEnergy Ltd. is pleased to announce that it has closed the previously announced US$6 million private placement of an unsecured convertible debenture with Queen's Road Capital Investment Ltd. . Craig Parry, IsoEnergy's Chief Executive Officer, commented: "It is with great pleasure that we welcome Queen's Road Capital as a strategic investor of [...]
Queen's Road Capital Investment Ltd. is pleased to announce that it has completed its US$30,000,000 investment in NexGen Energy Ltd. . As of today, Queen's Road Capital owns 11,960,017 shares in NexGen as well as US$15,000,000 aggregate principal amount of unsecured convertible debentures. The debentures have a 5-year term and carry a 7.5% coupon [...]
