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XXIX METAL CORP - QCCUF STOCK NEWS

Welcome to our dedicated page for XXIX METAL news (Ticker: QCCUF), a resource for investors and traders seeking the latest updates and insights on XXIX METAL stock.

XXIX Metal Corp. (QCCUF) delivers essential updates for stakeholders tracking Canadian copper development. This comprehensive news hub aggregates official announcements, project milestones, and strategic developments from the company advancing high-grade assets including Opemiska and Thierry.

Investors and analysts will find curated updates on resource estimates, exploration progress, and corporate transactions. Our collection spans technical reports, acquisition disclosures, and operational updates – all verified through primary sources to ensure regulatory compliance and factual accuracy.

The repository features:
• Project-specific developments across Quebec and Ontario operations
• Strategic acquisition announcements and asset consolidation updates
• Resource estimate revisions with NI 43-101 technical reports
• Infrastructure enhancements and community engagement initiatives

Bookmark this page for direct access to unfiltered operational updates from Canada's evolving copper development sector. Regular monitoring ensures timely awareness of material developments affecting XXIX Metal Corp.'s growth trajectory.

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XXIX Metal Corp has completed the acquisition of the remaining 50% ownership in the Roger Gold-Copper Project in Chibougamau, Quebec, achieving 100% ownership. The project spans 987 hectares and is located 5km from Chibougamau's historic mining center, with easy access and power infrastructure.

The Roger Project features a NI 43-101 compliant resource with Indicated Resources of 10.9M tonnes at 0.85 g/t gold (297,000 oz) and Inferred Resources of 6.57M tonnes at 0.75 g/t gold (159,000 oz). The acquisition terms include an initial payment of $75,000 and future share-based payments totaling $1.6M over four years. XXIX has also granted SOQUEM a 2% NSR, which can be repurchased in two 1% tranches for $1.5M and $3M respectively.

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XXIX Metal Corp (TSXV: XXIX, OTCQB: QCCUF) announced that effective December 11, 2024, its common shares will trade under the new ticker symbol 'XXIX' on the TSX Venture Exchange, changing from 'QCCU'. The ticker change reflects the company's rebranding following its acquisition of Cuprum Corp and its Thierry copper project in Pickle Lake, Ontario. The change includes new CUSIP (901320101) and ISIN (CA9013201012) numbers. No action is required from shareholders regarding this change.

CEO Stephen Stewart highlighted that with the acquisition and rebranding complete, XXIX aims to develop both Opemiska and Thierry projects, positioning the company as one of Eastern Canada's largest copper developers.

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XXIX Metal Corp (TSXV: QCCU) (OTCQB: QCCUF) has completed the acquisition of Cuprum Corp in an all-share transaction, establishing itself as one of Eastern Canada's largest copper resource developers. The deal includes Cuprum's 100% owned Thierry Copper Project, complementing XXIX's existing Opemiska project. The company issued 83,906,251 common shares at a price of $0.13 per share, with a 1.1538 exchange ratio for each Cuprum share.

As part of the transaction, the company has rebranded from QC Copper and Gold to XXIX Metal Corp, with trading under the new ticker symbol 'XXIX' set to commence on December 11, 2024. Following the acquisition, XXIX has 258,277,607 common shares outstanding.

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QC Copper and Gold (TSXV: QCCU) (OTCQB: QCCUF) announced that shareholders have overwhelmingly approved the acquisition of Cuprum Corp at a special meeting held on December 4, 2024. Over 99% of disinterested shareholders voted in favor of the acquisition resolution. The company also received approval for its restricted share unit plan and new stock option plan.

Following the completion of the acquisition, expected around December 5, 2024, the company will undergo a name change to XXIX Metal Corp and its ticker symbol will change to XXIX on the TSX Venture Exchange. The acquisition approval was carried out by ballot and excluded votes from non-arm's length parties to QC Copper or the Acquisition.

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QC Copper and Gold announces completion of a core resampling program at the Thierry Copper Project's K1 Zone. The program examined approximately 1,100 metres of historical core, including 690 samples across 34 historical drill holes from 2002-2023. The initiative targets previously unsampled areas containing low-grade and disseminated mineralization, which was overlooked by previous companies focused on K2 Zone's high-grade mineralization. The program costs approximately 6% of an equivalent $2.4M twinning program. Mineralization in K1 consists of disseminated pyrite and chalcopyrite, with some areas showing 1-5% pyrite and up to 1% chalcopyrite.

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QC Copper and Gold (QCCUF) announces significant progress in its acquisition of Cuprum Corp., with over 90% of Cuprum shareholders approving the merger. The deal, expected to close in early December 2024, will create one of Eastern Canada's largest copper developers. Cuprum shareholders will receive 1.1538 QC Copper shares for each Cuprum share. The merger awaits QC Copper shareholder approval at a Special Meeting on December 4, 2024. Post-merger, the company will rebrand as XXIX Metal Corp, implementing a dual-asset strategy focusing on the Opemiska Project and Thierry Project. The acquisition is expected to increase QC Copper's copper resource base by approximately 70%.

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CEO.CA, a leading investor social network for junior resource and venture stocks, has released new episodes of 'Inside the Boardroom' featuring interviews with mining executives. The series includes conversations with Stephen Stewart, CEO of QC Copper & Gold (QCCUF), and Drew Zimmerman of Stallion Uranium, discussing their companies' recent deals and exploration plans. CEO.CA, founded in 2012 and now a subsidiary of EarthLabs, serves millions of visitors annually as one of Canada's most popular financial websites, focusing on stocks, commodities, and emerging companies.

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QC Copper and Gold Inc. (TSXV: QCCU) (OTCQB: QCCUF) has signed a definitive agreement to acquire the remaining 50% ownership interest in the Roger Gold-Copper Project from SOQUEM, a subsidiary of Investissement Québec. The Roger Project, located in the Chibougamau mining district of Quebec, spans 987 hectares and is easily accessible via all-season road with access to power.

The project features an NI 43-101 compliant mineral resource estimate completed in August 2018, showing 333,000 ounces of gold-equivalent in the Indicated category and 202,000 ounces in the Inferred category. The acquisition provides QC Copper with optionality to incorporate Roger into future development plans of Opemiska or develop it as a standalone project.

To maintain and exercise the option, QC Copper will make an initial cash payment of $75,000 and subsequent share payments totaling $1.6 million over four years. The transaction is subject to TSX Venture Exchange acceptance and expected to close by the end of October, 2025.

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QC Copper announced a strategic acquisition of Cuprum Corp. and its 100% owned Thierry Copper Project in an all-share deal. This acquisition enhances QC Copper's position as a major Canadian copper developer with two large, easily accessible multi-billion-pound copper projects. The Thierry Copper Project, spanning 7,907 hectares, offers significant growth potential. The combined company will rebrand as XXIX Metal Corp., reflecting copper's atomic number 29. The Thierry project historically produced 5.8 million tonnes grading 1.13% copper and 0.14% nickel and hosts two resource-stage deposits compliant with NI 43-101 standards. The acquisition is expected to increase QC Copper's current copper resource base by 70%. Once completed, QC Copper plans to build out each asset in stages, focusing on updating the mineral resource at Thierry. The acquisition is subject to approval from TSXV and QC Copper's disinterested shareholders, with closing expected by the end of December 2024.

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The City of Chapais and QC Copper & Gold (TSXV: QCCU) (OTCQB: QCCUF) have established a City/Mine Group (CMG) to ensure the exploration and development of the Opémiska project align with local values and expectations. This working group facilitates transparent discussions between company representatives and city leadership, aiming for a harmonious approach that benefits both the project and the community.

Key points:

  • CMG meetings are facilitated by Transfert Environnement et Société
  • Chapais welcomes mining projects but has high expectations for respect of municipal values
  • QC Copper & Gold commits to local procurement to boost the regional economy
  • The Opémiska project is preparing its preliminary economic study
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FAQ

What is the current stock price of XXIX METAL (QCCUF)?

The current stock price of XXIX METAL (QCCUF) is $0.0695 as of April 28, 2025.

What is the market cap of XXIX METAL (QCCUF)?

The market cap of XXIX METAL (QCCUF) is approximately 16.6M.
XXIX METAL CORP

OTC:QCCUF

QCCUF Rankings

QCCUF Stock Data

16.56M
203.77M
21.01%
0.12%
Copper
Basic Materials
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Canada
Toronto