Agreement To Acquire Big Balds Gold Project In Carlin Trend

VANCOUVER - QX Metals Corp. has signed a share exchange agreement with 1252265 B.C. Ltd., a private B.C. company (Numberco) and its shareholders, pursuant to which QX Metals will acquire all of the outstanding shares of Numberco and thereby acquire 100% of the Big Balds Gold project which is located less than 10km west of the Bald Mountain Mine. Numberco holds Big Balds which is comprised of 210 lode mining claims on BLM tenure and is located within White Pine County, Nevada.

QX Metals Chairman, Craig Parry said, “I am very pleased to announce the acquisition of the Big Balds project and welcome Cherie Leeden as the Company’s new CEO upon completion of the purchase of Numberco. This project represents an immense opportunity, and this is the first step in QX Metals becoming a North American gold focused exploration and development company. We are very excited to drill this never-before-drilled project which sits less than 10km west of Kinross’ Bald Mountain deposit.”