MERN - Québec Mines - Nouvelles brèves












May 2002
 

Funding
An important strategic issue for the mining industry in Québec
Jean Désilets
Direction de la politique et de l'économie minérales


SODÉMEX and SODÉMEX II

The mission of limited partnerships SODÉMEX (Société de développement des entreprises minières et d'exploration) and SODÉMEX II is to participate in the development of the mining industry in Québec, by taking an equity stake in junior exploration companies and mining producers involved in Québec whose market capitalization is below 125 million dollars. Gestion SODÉMEX inc. manages the investment portfolio of these limited partnership funds.

For more information, please contact Mr. Denis Landry, president of Gestion SODÉMEX inc. in Québec, at (418) 684-8168 or at the following e-mail address: dlandry@sodemex.com

SIDEX
Diversification of Exploration Investment Partnership

The gouvernement du Québec, in partnership with the QFL Solidarity Fund, created the Diversification of Exploration Investment Partnership (Société d'investissement dans la diversification de l'exploration - SIDEX). Its mission is to invest in companies involved in mineral exploration, in order to diversify Québec's mineral base. This fund allows the gouvernement du Québec, the QFL Solidarity Fund and their partners to play key roles in the most promising exploration projects.

For more information, please consult the fund's website at: www.sidex.ca.

QFL Solidarity Fund
Mining investment portfolio

The QFL Solidarity Fund owns a mining portfolio including exploration companies and mining producers. The Nord-du-Québec QFL Regional Solidarity Fund, and the Abitibi-Témiscamingue QFL Regional Solidarity Fund are also interested in the mineral exploration sector.

For more information concerning eligibility requirements and general investment terms and conditions, please consult the QFL Solidarity Fund's website at: www.fondsftq.com.















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