Q2 Holdings (QTWO) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES VANCOUVER, BC / ACCESSWIRE / July 11, 2024 / Q2 Metals Corp. (TSXV:QTWO)(OTCQB:QUEXF)(FSE:458) (" Q2 " or the " Company ") is pleased to announce an update to the terms of the non-brokered private placement of units of the Company as announced on July 10, 2024 (the "Offering"). The charity flow-through unit portion of the Offering has been updated to reflect an increase in the price of the units being offered from $0.4625 to $0.475 per unit.
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES VANCOUVER, BC / ACCESSWIRE / July 10, 2024 / Q2 Metals Corp. (TSXV:QTWO)(OTCQB:QUEXF)(FSE:458) ("Q2" or the "Company") is pleased to announce that it has arranged a non-brokered private placement of units of the Company to raise gross proceeds of up to $7,500,000 (the "Offering") as follows: Up to 10,800,000 units of Q2 at a price of $0.4625 per unit (the "Charity Units") for gross proceeds of up to $4,995,000. Each Charity Unit will consist of one flow-through common share of Q2 (a "FT Share") and one half of one share purchase warrant (each whole warrant, a "Warrant").
The Russell 2000 index comprises the top small-cap companies within the Russell 3000 index. Its annual reconstitution took place on June 28.