New Gold Inc. and Silver Quest today announce that New Gold has completed the acquisition of all the shares of Silver Quest. Under the terms of the court approved arrangement, 10.5 million New Gold common shares were issued to former Silver Quest securityholders on the basis of 0.09 of a New Gold share for each Silver Quest share and nominal cash [...]
Standard & Poor's will make the following changes in the S&P/TSX Venture Composite and Select Indices: On December 15, 2011, the shareholders of Silver Quest Resources Ltd. approved the Arrangement Agreement whereby the company will be acquired by New Gold Inc.. Silver Quest will be removed from the S&P/TSX Venture Composite and Venture Select [...]
New Gold and Silver Quest are pleased to announce that at a special meeting of Silver Quest shareholders held on Thursday, December 15, 2011 in Vancouver, British Columbia, the Silver Quest shareholders voted overwhelmingly in favour of a special resolution to approve the proposed plan of arrangement with New Gold.
Silver Quest Resources is pleased to report assay results from a ten hole, 1,645 metre diamond drilling program that was completed during summer 2011 on the 3Ts Project. Highlights from the program include 14.0 metres that averaged 5.33 grams per tonne gold and 50.6 g/t silver in hole TT-11-47. The 3Ts Project is located approximately 120 [...]
New Gold and Silver Quest Resources today jointly announce that they have entered into a definitive arrangement agreement which replaces and supersedes the previously announced letter agreement between the companies. Under the terms of the Arrangement Agreement, New Gold will acquire, under a plan of arrangement, all of the outstanding shares of [...]
New Gold Inc. and Silver Quest Resources today jointly announce a binding letter agreement whereby New Gold will acquire, through a plan of arrangement, all of the outstanding common shares of Silver Quest. Under the terms of the Arrangement, Silver Quest shareholders will receive 0.09 of a New Gold share for each Silver Quest share held and one [...]
Silver Quest is pleased to announce that an updated National Instrument 43-101 compliant resource estimate has been prepared on the Davidson Property, located 100 km south of Vanderhoof in central British Columbia, Canada. The Davidson Property, which is the subject of a joint venture with New Gold Inc., covers the northern portion of New Gold's [...]
Silver Quest Resources is pleased to update shareholders on the 2011 exploration activities in the White Gold District, Yukon. Exploration has been completed on 18 properties covering more than 85,000 ha with the majority of the exploration conducted on the Boulevard Project, comprised of five separate properties, and the Prospector Mountain [...]
Silver Quest Resources is pleased to report that the Davidson Joint Venture Management Committee has approved a budget covering work to be completed over the next six to nine months. The planned activities include drilling on the Davidson Joint Venture Claims, together with the preparation of a Preliminary Economic Assessment Report and work on [...]
Silver Quest Resources is pleased to provide an update for the 2011 exploration activities on its programs located in the Nechako Plateau region of central British Columbia. For additional information, please visit the Company's website www.silverquest.ca.
Silver Quest Resources is pleased to report drill results from 11 holes (BW-171 through BW-179, BW-181 and BW-182) drilled in the current 20,000 metre drill campaign to expand the resources on the Davidson Gold Project claims, a joint venture with New Gold Inc., which is the operator of the joint venture. Silver Quest has a 25% interest in the [...]
Silver Quest Resources Ltd. is pleased to announce the closing of the second and final tranche of its brokered private placement financing originally announced on June 28, 2011 for gross proceeds of C$2,495,000 from the sale of 2,495,000 units at a price of C$1.00 per Unit. Each Unit consisted of one common share of the Company and one-half of one [...]
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