Great Quest Fertilizer Ltd. reports that it has terminated its efforts to close the acquisition of Ivoirienne de Noix de Cajou SARL. As consideration for the termination, the Company will repurchase 5,443,300 of its common shares for a nominal $1 and receive a full and final release from the outstanding remaining convertible debt and any and all other amounts owing to the transaction counterparties. The Company’s board of [...]
Great Quest Fertilizer Ltd. is pleased to announce that it has closed, on an oversubscribed basis, its previously announced non-brokered private placement . The Company issued 3,552,500 units at a price of $0.10 per Unit for gross proceeds of $355,250. Each Unit is comprised of one common share of GQ and one common share purchase warrant . Each Warrant entitles the holder thereof to acquire one Share at a price of $0.20 [...]
Great Quest Fertilizer Ltd. has amended the terms of its non-brokered private placement previously announced on November 21, 2019 . The price per security in the Offering is being reduced to $0.10 to match the recently launched financing announced May 6, 2020. All securities issued or issuable under the Offering will be subject to a statutory hold period lasting four months and one day following the closing of the [...]
Great Quest Fertilizer Ltd. intends to complete a non-brokered private placement for gross proceeds of up to $250,000 . The Private Placement will consist of up to 2,500,000 units of the Company , at a price of $0.10 per Unit. Each Unit shall consist of one common share in the capital of the Company and one common share purchase warrant. Each warrant shall entitle the holder to purchase one common share in the capital of [...]
Great Quest Fertilizer Ltd. is pleased to announce that following the reissuance of exploration permits for the Tilemsi Phosphate Project, the land authority of the Segou Region, Mali formally granted a parcel of land located in Markala to the Company to be used for its planned fertilizer mixing and granulation facility . The Markala land comprises 2.5 hectares and is located in the secure southern portion of Mali, on the [...]
Great Quest Fertilizer Ltd. is pleased to announce that it has successfully renewed two key exploration permits for the Tilemsi Phosphate Project, corresponding to the Tilemsi and Tarkint Est concessions on November 19, 2019 and February 12, 2020 respectively. The permits were renewed for an initial 3-year term with no proposed change to the permitted area. The licences grant the Company the option to renew for two [...]
Great Quest Fertilizer Ltd. is pleased to provide an update for shareholders on developments within the Company during the trading halt required by the Change of Business process. The COB Transaction Great Quest continues to work through the COB process as outlined by the TSX Venture. Upon completion of an audit and approval of the information circular it will be shared with shareholders who will vote on the transaction [...]
Great Quest Fertilizer Ltd. is pleased to announce that it has entered into a strategic partnership with Akon Legacy Ventures, LLC. to build and expand GQ’s business, customer base and increase potential revenue streams for the Company, effective January 1, 2020. The partnership covers agricultural and mining activities in Africa, capital formation, promotion and marketing, and branding. ALV and its principals shall [...]
Great Quest Fertilizer Ltd. is pleased to announce, further to its press releases of September 13, 2018 and December 18, 2018, that it has now entered into non-arm’s length binding agreement pursuant to which it will acquire all of the issued and outstanding shares of 1184700 BC Ltd. . Privco is a private company incorporated in British Columbia and is the beneficial shareholder of 80% of the issued shares of [...]
Great Quest Fertilizer Ltd. wishes to update shareholders on developments within its pending acquisition, Ivoirienne de Noix de Cajou S.A. , a cashew processing facility operating in Cote d’Ivoire, West Africa. Great Quest is very pleased to announce that INCajou received the Hazard Analysis Critical Control Point certification on July 30, 2019 following a third-party audit against the standard requirements [...]
HIGHLIGHTS Ivoirienne de Noix de Cajou ramps up commercial processing Processing plant creates 400 local jobs Kernel being exported for sale TORONTO, Aug. 13, 2019 -- Great Quest Fertilizer Ltd. is pleased to provide an update for shareholders on the developments within the Company during the trading halt required by the Change of Business process. Great Quest has launched commercial operations of Ivoirienne de Noix de [...]
Great Quest Fertilizer Ltd. is pleased to announce that it intends to carry out, subject to approval from the TSX Venture Exchange , a non-brokered private placement, on a "best efforts" basis, for gross proceeds of up to $500,000 . The Private Placement will consist of up to 3,333,333 units of the Company , at a price of $0.15 per Unit. Each Unit shall consist of one common share in the capital of the Company and one [...]