Lithoquest Resources Inc. is pleased to announce that it has entered into an Option Agreement with Landore Resources Canada Inc. to acquire a 100% interest in two gold projects located in Ontario: the 5,494 ha Miminiska Gold Project and the 12,482 ha Keezhik Gold Project. The projects are situated within the Miminiska-Fort Hope greenstone belt and host drill-confirmed gold mineralization that is similar in style to the [...]
Lithoquest Resources Inc. is pleased to announce that it has received TSX Venture Exchange conditional approval and today closed the Company's non-brokered private placement, previously announced on February 18, 2021. Pursuant to the Offering, the Company has issued 2,980,000 units at a price of $0.08 per Unit for aggregate gross proceeds of $238,400. Each Unit consists of one common share of the Company and one full [...]
Lithoquest Resources Inc. announces that it will conduct a non-brokered private placement, subject to the approval of the TSXV, for aggregate gross proceeds of up to $200,000. The Offering will consist of units at a price of $0.08 per Unit. Each Unit will consist of one common share of the Company and one full warrant entitling the holder thereof to acquire an additional common share of the Company at an exercise price of [...]
Lithoquest Resources Inc. today announced that it has acquired mineral claims over a prospective and under-explored area of the Fort Hope Greenstone Belt in northwestern Ontario. The Attwood Project comprises 1,151 mineral claims covering 23,262 ha and is located approximately 320km north of Thunder Bay. The property lies within 5 km of the all-weather Ogoki Forestry Road and is accessible by float plane from the [...]
Lithoquest Diamonds today announced that, in accordance with the Company's articles, the directors of the Company have approved a change in the Company's name to "Lithoquest Resources Inc.". There will be no change to the Company's trading symbol. Effective as of the opening of the market on Tuesday, November 24, 2020, the Company's shares will commence trading on the TSX Venture Exchange under its new name of "Lithoquest [...]
Lithoquest Diamonds today announced the appointment of Ms. Jo Price, M.Sc., MBA, P.Geo as an independent director, effective immediately. In addition, Ms. Price will serve as a member of the Compensation Committee and the Audit Committee. "Lithoquest welcomes Ms. Price to its Board of Directors," stated Bruce Counts, President and CEO of Lithoquest Diamonds. "Jo's credentials and extensive industry experience ensures that [...]
Lithoquest Diamonds Inc. today provided a corporate update. New Project Initiatives Funding for diamond exploration has become increasingly difficult to secure due to challenging conditions in the overall diamond industry. As a result, the Company has placed the North Kimberley Diamond Project on care and maintenance until financing conditions improve. In order to build value, the Company, along with its advisors, has [...]
Lithoquest Diamonds Inc. is pleased to announce that it has received TSX Venture Exchange conditional approval and today closed the Company's non-brokered private placement, previously announced on February 20, 2020 . Pursuant to the Offering, the Company has issued 8,333,334 common shares at a price of $0.03 per Share for aggregate gross proceeds of $250,000. In connection with the closing of the Offering, Lithoquest has [...]
Lithoquest Diamonds Inc. today announced the appointment of Mr. Michael Sweatman as an independent director, effective immediately. In addition, Mr. Sweatman will serve as Chairman of the Compensation Committee as well as a member of the Audit Committee. "Lithoquest is pleased to welcome Mr. Sweatman to its Board of Directors," stated Bruce Counts, President and CEO of Lithoquest Diamonds. "Michael's broad industry [...]
Lithoquest Diamonds Inc. announces that its non-brokered private placement previously announced on February 20,2020 remains open, the company having received an extension to the closing deadline from the TSX Venture Exchange. The Offering is for aggregate gross proceeds of up to $250,000 and consists of common shares at a price of $0.03 per Share. The Offering is being conducted pursuant to available prospectus exemptions [...]
Lithoquest Diamonds Inc. announces that it will conduct a non-brokered private placement, subject to the approval of the TSX Venture Exchange, for aggregate gross proceeds of up to $250,000. The Offering will consist of common shares at a price of $0.03 per Share. The Offering will be conducted pursuant to available prospectus exemptions including sales to accredited investors, family members, close friends and business [...]
Lithoquest Diamonds Inc. today announced that it has received results from microdiamond analysis of the 1805 and 1826 kimberlites discovered in 2019 during the Company's second drill campaign on its 100% owned North Kimberley Diamond Project in Western Australia. No diamonds were recovered from either kimberlite. Reverse circulation drill cuttings were collected at one metre intervals from each body. Nine samples from the [...]