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Stocks in play: Queen's Road Capital Investment Ltd

Baystreet - Fri Sep 9, 2022

Announces that it has entered into an agreement with Challenger Exploration Ltd. whereby the Company will purchase US$15,000,000 of convertible debentures to be issued by Challenger. QRC's investment is being made concurrent with a A$2.6 million equity private placement by Challenger's largest shareholder at A$0.19 per share. Queen's Road Capital Investment Ltd shares T.QRC are trading up $0.05 at $0.71.

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