QMX Gold Corp.

QMX Gold has made substantial progress in repositioning the Company by strengthening its financial position, management team and Board, and is now resuming exploration activities on its extensive land package in the Val d'Or mining camp. Material updates include: Private placement financing of up to $6.0 million, consisting of $4.5

TORONTO, ONTARIO--(Marketwired - Jun 17, 2016) - QMX Gold Corporation ("QMX" or the "Company") (TSX VENTURE:QMX) announces that Mr. Fred Leigh and Mr. Bruce Humphrey have been appointed as directors of QMX. Robert Bryce, director of the Company, has stepped down effective immediately. Mr. Leigh has been involved in the junior resource sector for more than 32 years and has had a significant role as founder, director [...]

Estimating 7,000 oz of gold production from Herbin in 2016 TORONTO, ONTARIO--(Marketwired - Jan 13, 2016) - QMX Gold Corporation ("QMX") (TSX VENTURE:QMX) is pleased to announce that it has entered into a four year custom milling agreement for the Aurbel Gold Mill, Val d'Or with Gold Bullion Development Corp. ("GBB") (TSX VENTURE:GBB). The agreement provides: custom milling of an initial 70,000 tonnes of [...]

TORONTO, ONTARIO--(Marketwired - Sep 29, 2015) - QMX Gold Corp. (TSX VENTURE:QMX)("QMX Gold", "QMX" or the "Company") wishes to outline its upcoming operational plans, including the discovery and way forward on several new production targets, on its extensive land-package in Val d'Or, Quebec. Along with the focus on exploration and discovery on its own properties, the Company is actively seeking mine projects for [...]

TORONTO, ONTARIO--(Marketwired - Aug 13, 2015) - QMX Gold Corp. (TSX VENTURE:QMX)("QMX Gold" or the "Company") is pleased to announce that it has made the final payment on the loan facility with Third Eye Capital ("TEC"). QMX Gold has requested the release and discharge of all security held in relation to the facility now that the terms of the debt facility have been satisfied in full (see press release dated May 21 [...]

Toronto, Ontario / TheNewswire / July 16, 2015 - QMX GOLD CORPORATION (TSXV:QMX)("QMX Gold" or the "Company") announces that the Board of Directors has accepted the resignation of Brett New as President and Chief Executive Officer of QMX Gold to pursue new opportunities. David Rigg, Chairman of QMX Gold has been appointed as Interim President and CEO. Mr. Rigg was the past President and CEO of QMX Gold and brings [...]

TORONTO, ON / ACCESSWIRE / June 2, 2015 / QMX Gold Corp. (TSXV:QMX)("QMX" or the "Company") is reporting first quarter 2015 production of 4,287 ounces of gold from the Lac Herbin mine in Val D'Or, Quebec. The Company generated revenue of $4.6 million on the sale of 2,686 ounces of gold at an average realized price of $1,425 per ounce. All figures are reported in Canadian dollars, unless noted otherwise. Q1 2015 [...]

QMX Gold has successfully renegotiated the terms of the loan facility held by Third Eye Capital to address the balance outstanding following the sale of the Snow Lake Project to a subsidiary of Hudbay Minerals. In order to satisfy the debt obligation, QMX Gold and TEC have agreed upon a payment schedule whereby the Company will make certain payments to TEC totalling approximately C$1.52 million by August 7, 2015 [...]

Toronto, Ontario / TheNewswire / May 5, 2015 - QMX Gold Corp. (TSXV:QMX)("QMX Gold" or the "Company") has completed the sale of the Snow Lake Project located in Snow Lake, Manitoba, to a wholly-owned subsidiary of Hudbay Minerals Inc.("Hudbay"). In consideration for the Snow Lake Project, Hudbay has paid US$12.3 million in cash and has agreed to a contingent payment of US$5 million, payable if the price of gold is [...]

COMPANY REDUCES BRIDGE LOAN BY $3.9 MILLION PRIOR TO CLOSING SNOW LAKE AGREEMENT Toronto, ON / TheNewswire / May 1, 2015 - QMX Gold Corp. (TSXV:QMX)("QMX" or the "Company") produced a total of 20,503 ounces of gold from its Lac Herbin mine in Val D'Or, Quebec in 2014, in excess of the revised production guidance of 18,000-19,000 ounces of gold. All figures are reported in Canadian dollars, unless noted otherwise [...]