Quartz Mountain Resources Ltd. announces that further to its news release of December 15, 2017 and subject to TSX Venture Exchange final approval, the Company has completed a private placement for proceeds of $458,863. The securities issued pursuant to the private placement are subject to a hold period expiring on April 28, 2018 pursuant to applicable Canadian securities laws. The proceeds will be used to assess mineral [...]
Quartz Mountain Resources Ltd. announces that Robert Dickinson has been appointed Quartz Mountain's Executive Chairman and CEO. Rene Carrier and Leonie Tomlinson ICD.D, have been appointed Directors of the Company. Scott Cousens has resigned as Chairman and Director, Ronald Thiessen has resigned as President, CEO and Director and David Mordant has resigned as Director of the Company. Over the months ahead Quartz Mountain [...]
Quartz Mountain Resources Ltd. announces, further to a news release of January 18, 2016, that it has issued 2,000,000 shares to Bear Claw Capital Corp. in final settlement of debt owing to Bear Claw. The Company has also made a cash payment and returned the Gnat Property to Bear Claw. On behalf of the Board of Directors Ronald W. Thiessen President and CEO Neither the TSX Venture Exchange nor its Regulation Services [...]
VANCOUVER, Jan. 20, 2016 /CNW/ - Quartz Mountain Resources Ltd. ("Quartz Mountain" or the "Company") (TSX-V: QZM; OTCBB: QZMRF) announces that it has reached agreements with Bearclaw Capital Corp. ("Bearclaw"), the holder of its convertible debenture, and Hunter Dickinson Services Inc. ("HDSI") to which it owes payment for services. Bearclaw will forgive a convertible debenture with current amount owing of $500,000 plus [...]
VANCOUVER, Oct. 10, 2014 /CNW/ - Quartz Mountain Resources Ltd. ("Quartz Mountain" or the "Company") (TSX-V: QZM; OTCBB: QZMRF) announces that Bear Claw Capital Corp. ("Bear Claw") has agreed to further amend the terms of a convertible debenture note ("Debenture") that formed part of the payment obligations under a 2012 mineral property purchase agreement to acquire the Gnat Pass Property, which is a portion of the Quartz [...]
Quartz Mountain announces that, further to its release of November 15 2013, Amarc Resources has terminated joint ventures with the Company and returned earned interests in the Galaxie and ZNT Projects in British Columbia. As a result, Quartz Mountain owns 100% of the Galaxie and ZNT Projects.
Quartz Mountain announces an exploration update. Drilling has been undertaken at the ZNT silver property located in central British Columbia. The ZNT property is being explored under a joint venture agreement with Amarc Resources Ltd. ("Amarc"). Amarc has acquired a 60% interest and is operator of the ZNT Project, and Quartz Mountain holds a 40% interest. The ZNT exploration property was staked by Quartz Mountain in [...]
VANCOUVER, Sept. 19, 2013 /CNW/ - Quartz Mountain Resources Ltd. ("Quartz Mountain" or the "Company") (TSX-V: QZM; OTCBB: QZMRF) reports results from the summer exploration programs carried out by its joint venture partner Amarc Resources Ltd. ("Amarc") at the ZNT and Galaxie Projects in central and northern British Columbia ("BC"). In particular, surface exploration at the ZNT joint venture property has delineated a [...]
VANCOUVER, July 5, 2013 /CNW/ - Amarc Resources Ltd ("Amarc") (TSX-V: AHR; OTCBB: AXREF) and Quartz Mountain Resources Ltd. ("Quartz Mountain") (TSX-V: QZM; OTCBB: QZMRF) announce they have entered into an amendment agreement (the "Amendment") with respect to their previously executed joint venture agreement (the "JV Agreement") on the ZNT and Galaxie properties (the "Properties") located in central and northern British [...]
VANCOUVER, Feb. 22, 2013 /CNW/ - Quartz Mountain Resources Ltd. ("Quartz Mountain") (TSXV: QZM); (OTC: QZMRF) announces that Michael Lee has been appointed as Chief Financial Officer ("CFO") and Lena Brommeland as Executive Vice President of the Company, effectively immediately. Mr. Lee replaces Simon Beller who has resigned from his role with the Company.Michael Lee is a Chartered Accountant and holds a bachelor's [...]
VANCOUVER, Feb. 21, 2013 /CNW/ - Quartz Mountain Resources Ltd. ("Quartz Mountain") (TSX-V: QZM; OTC: QZMRF) is pleased to provide an update on results from exploration work conducted at the Galaxie property, located on Highway 37, 42 kilometres north of the Red Chris copper-gold mine construction site and 25 kilometres south of the Village of Dease Lake, British Columbia ("BC").The Galaxie property hosts the Gnat [...]
VANCOUVER, Jan. 29, 2013 /CNW/ - Quartz Mountain Resources Ltd. ("Quartz Mountain") (TSX-V: QZM; OTC: QZMRF) announces results from exploration programs completed in 2012 at the Galaxie and ZNT projects in British Columbia (BC). Induced polarization (IP) geophysical, prospecting and geochemical sampling surveys were undertaken at the Company's Galaxie porphyry copper property, located near Dease Lake and the ZNT [...]