Q-Gold Resources Ltd. has fulfilled its first annual milestone payment to Alamos Gold Inc. by issuing 22.86 million common shares valued at approximately C$4.43 million for the Quartz Mountain Gold Project acquisition. Alamos now owns nearly 17% of Q-Gold, reflecting their ongoing support as the company advances development and permitting for the Oregon-based project. The shares issued are subject to a four-month hold period, and Q-Gold plans to continue systematic development and provide updates on future milestones. This milestone payment marks a key step in progressing the Quartz Mountain project toward production and long-term value creation for shareholders.
Alamos Gold Inc. shares trade at USD 31.06 on Pluang as of Oct 28, 2026 04:41 WIB, showing a 2.81% gain in the last day. The company holds a market capitalization of $12.66 billion, reflecting its significant presence in the basic materials sector. Pluang users currently show 100% buy interest in Alamos Gold shares, indicating strong demand on the platform.
