VANCOUVER, Dec. 28, 2012 /CNW/ - Quartz Mountain Resources Ltd. ("Quartz Mountain" or the "Company") (TSX-V: QZM; OTC: QZMRF) announces that it has arranged a non-brokered private placement (the "Offering"), comprised of 1,752,409 flow-through common shares at a price of $0.30 per share, and 461,914 non flow-through common shares at a price of $0.25 per share, for gross proceeds of $641,201. A finder's fee is [...]
GALAXIE DRILLING UNDERWAYVANCOUVER, Dec. 11, 2012 /CNW/ - Quartz Mountain Resources Ltd. ("Quartz Mountain" or the "Company") (TSX-V: QZM; OTC: QZMRF) is pleased to announce that the letter agreement with Amarc Resources Ltd. ("Amarc") described in the Company's November 7, 2012 News Release has become unconditional, binding and effective. Under the agreement, Amarc can acquire up to a 50% ownership interest in [...]
VANCOUVER, Nov. 22, 2012 /CNW/ - Quartz Mountain Resources Ltd. ("Quartz Mountain" or the "Company") (TSX-V: QZM; OTC: QZMRF) announces that Scott Cousens has been appointed to the Company's Board of Directors, effective immediately. Mr. Cousens has also been appointed as Chairman of the Board, replacing Robert Dickinson who is stepping down as Chairman but who will remain on the Board as a director.Scott Cousens is a [...]
VANCOUVER, Nov. 7, 2012 /CNW/ - Quartz Mountain Resources Ltd. ("Quartz Mountain") (TSXV: QZM; OTC: QZMRF) announces that it has entered into a binding letter agreement ("Letter Agreement") with Amarc Resources Ltd. ("Amarc") to advance the Galaxie and ZNT Projects located in northern and central British Columbia ("BC").Under the Letter Agreement, Amarc can acquire an initial 40% ownership interest in Quartz Mountain's [...]
VANCOUVER, Aug. 21, 2012 /CNW/ - Quartz Mountain Resources Ltd. ("Quartz Mountain") (TSXV: QZM); (OTCBB: QZMRF) is pleased to announce that it has closed the transactions previously announced on July 30, 2012. Quartz Mountain has acquired a 100% interest in the Galaxie Project.About Quartz Mountain Resources Ltd.Quartz Mountain Resources Ltd. is a Vancouver-based exploration company focused on making a major new [...]
Quartz Mountain announces that it has acquired a 100% interest in the Galaxie Project from Finsbury Exploration through a sale agreement dated as of July 27, 2012. In a separate agreement, Quartz Mountain has also acquired a 100% interest in the Hotailah Slope Mineral Claims that lie immediately adjacent and to the south of the Galaxie Project.
Quartz Mountain announces that it has staked 93 new claims in an area located 133 kilometres northwest of the Blackwater gold deposit and 41 kilometres south of Houston. The 391 square kilometer Karma property was staked to cover 70-73 million year old Kasalka volcanic units that are the same age as the rocks which host gold and silver deposits in BC's exciting new Blackwater-Newton gold district located to the south [...]
Quartz Mountain announces the grant of 408,000 options to officers and directors of the Company. The options have been granted at an exercise price of $0.45 per share and vest in three equal tranches: six, twelve and 18 months after the date of grant, with a five year term. Quartz Mountain is a Vancouver-based exploration and development company with an option to acquire a 100% interest in the Buck gold-silver property [...]
Quartz Mountain announces that it has completed its previously reported acquisition of an option to acquire a 100% interest in the Buck gold-silver property located in central British Columbia from Hunter Dickinson Resources. In connection with the completion of the acquisition, Quartz is paying $100,000 in cash and has issued 1,200,000 common shares to HDRL, with up to six million additional common shares to be issued to [...]
Quartz Mountain announces that it is in the process of arranging a private placement financing of at least $5 million, of which approximately $4 million will be flow-through shares at a price of $0.60 per share and the remainder will be non-flow through shares at a price of $0.50 per share. Insiders of the Company will participate in the financing. The shares issued will be subject to a four month hold period. Finder's [...]
Quartz Mountain announces the acquisition of an option to acquire a 100% interest in the Buck gold-silver property located in central British Columbia from Hunter Dickinson Resources. Quartz has also made an application to graduate from the NEX Exchange to Tier 2 of the TSX Venture. Acquisition of Buck Property