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QC Copper and Gold starts trading after rebranding and changing its name from PowerOre

CEO Stephen Stewart said the new name, brand and refocused message "better reflects the evolution" of the company

QC Copper and Gold Inc -- begins trading after rebranding and changing its name from PowerOre Inc
The Toronto-based company operates the flagship Opemiska copper project in Quebec within the Chibougamau region

QC Copper and Gold Inc (CVE:QCCU) started trading on Monday after rebranding and changing its name from PowerOre Inc (CVE:PORE). 

In keeping with the overhaul, the Toronto-based junior explorer encourages shareholders to visit its brand new website. and view its updated corporate presentation.

The new name is line with the company's focus on its flagship Opemiska Copper-Gold project near the town of Chapais, Quebec within the prolific Chibougamau region. The project covers 12,782 hectares as well as past-producing Springer, Perry, Robitaille and Cooke mines which were owned and operated by Falconbridge. 

READ: Power Ore is revitalizing over 10,000 prime hectares in Quebec's prolific Chibougamau region

"Our new name, brand and refocused message better reflects the evolution of our company. QC represents our focus within Quebec, while Copper & Gold are the commodities which are most prevalent within our Opemiska Project but also the Chibougamau district at large," CEO Stephen Stewart said in a statement.

According to the company, the new CUSIP for the company's shares will be 74738B109, and the new ISIN number is CA74738B1094.

The Opemiska Copper Mining Complex project consists of two historically producing mines which were previously owned and operated by mining giant Falconbridge (now Vale), then bought by Swiss firm Xstrata (now Glencore). QC Copper and Gold is reinterpreting this past underground operation as a high-grade open-pit copper project. Opemiska has excellent infrastructure in place including a power station and direct access to the Canadian National Railway and Highway 113.

Contact the author Uttara Choudhury at [email protected]

Follow her on Twitter: @UttaraProactive

Quick facts: QC Copper and Gold Inc.

Price: 0.23 CAD

TSX-V:QCCU
Market: TSX-V
Market Cap: $23.97 m
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Power Ore increases land position by 30% in Chibougamau with acquisition of...

Power Ore Inc (CVE: PORE) CEO Stephen Stewart joined Steve Darling from Proactive Vancouver with news the company has made a major move around their current Opemiska project in Chibougamau district. Stewart says the company has become the dominant leader in that area by acquiring the 100%...

on 27/7/20

2 min read