On May 26, 2026, Q2 Metals Corp. completed a bought deal private placement of 20,409,000 common shares at a price of $2.45 per common share and 5,556,000 flow-through common shares at a price of $3.60 per flow-through share for aggregate gross proceeds of $70 million, which included the full exercise of the underwriters’ option.
The offering was led Canaccord Genuity Corp., as lead underwriter and sole bookrunner, together with ATB Capital Markets Corp. and BMO Nesbitt Burns Inc.
Cassels acted for the underwriters.