Quebec Precious Metals to Issue Shares in Payment of Services and Deferred Share Units
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Quebec Precious Metals Corporation (OTCQB:CJCFF) will issue 221,165 common shares to settle services worth $19,462.52 for three directors, as per their shares for services agreements.
November 08, 2024 | 12:30 am
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Quebec Precious Metals is issuing 221,165 shares to settle $19,462.52 in services for three directors, which may dilute existing shares slightly.
The issuance of new shares to settle services can lead to slight dilution of existing shares, which might negatively impact the stock price in the short term. However, the amount is relatively small, so the impact may be limited.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 80