Exploration company active north of Sault closes acquisition
Sterling Metals has closed its acquisition of QcX Gold. For every 4.81026 common shares of QcX, holders receive one common share of Sterling, a release says.QcX shares are expected to be delisted from the TSX Venture Exchange on or around Monday.The transaction adds to Sterling’s footprint north of Sault Ste. Marie by about 40 per cent. Sterling is seeking copper in the Batchawana area. Albert Conradi, former chief executive officer of QcX, is joining Sterling’s board. He is current
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