Queen's Road Capital Provides Update on Portfolio
Queen's Road Capital Investment Ltd. (QRC) has updated shareholders on its investment portfolio, announcing a US$20 million investment in Moxico Resources plc, bringing its total investment in Moxico to US$70 million. QRC also completed the conversion of a US$6 million debenture in IsoEnergy Ltd. into common shares. Additionally, QRC's investment in Adriatic Metals plc was acquired by Dundee Precious Metals Inc. QRC's portfolio now totals US$223 million in convertible debentures and US$130 million in equity investments, with a net asset value at an all-time high and annual interest income of US$22 million.
Newsfile Corp.·