Great Quest Fertilizer Ltd. has closed its previously announced non-brokered private placement . Pursuant to the Private Placement, the Company has issued 24,086,315 units of the Company , at a price of $0.05 per Unit, for gross proceeds of $1,204,315.75. Each Unit consists of one common share in the capital of the Company and one common share purchase warrant . Each Warrant entitles the holder to purchase one common [...]
Great Quest Fertilizer Ltd. intends to complete a non-brokered private placement for gross proceeds of up to $1,500,000 . The Private Placement will consist of up to 30,000,000 units of the Company , at a price of $0.05 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 [...]
Great Quest Fertilizer Ltd. is pleased to announce an option to acquire Moroccan Explorer Tadine Plus, developing the Bas Draa and Taznakt Ouarzazate exploration prospects. The Bas Draa prospect is the primary focus. It encompasses three mining permits and three exploration permits. The area of interest is situated in the south-western part of the Anti-Atlas which is a WSW-ENE trending chain of hills and mountains. This [...]
Great Quest Fertilizer Ltd. announces that Mr. Mama Tapo joins the Board of Directors of the Company, effective immediately. Mr. Mama Tapo has worked with Great Quest in the capacity of a local liaison in Mali and strategic advisor on the Company's governmental relations since 2009. Mama Tapo brings more the 40 years of experience in business administration and strategic planning to Great Quest. He has dedicated his life [...]
Great Quest Fertilizer Ltd. is pleased to provide an update for shareholders. The Company is mobilizing in Mali to resume work on the Sanoukou project. Work will concentrate on a geophysical program with the goal of prospecting the areas between the continuous structures and auger drilling of geophysical anomalies superimposed on geochemical anomalies, in conjunctions with efforts to pursue small scale production on the [...]
Great Quest Fertilizer Ltd. is pleased to provide an update for shareholders on developments within the Company during the trading halt required by the Company's change of business process. As announced on November 11, 2020, GQ has terminated the COB and will focus instead on the development of the Sanoukou Gold permit in Mali. The Company expects that its common shares will resume trading on the TSX Venture Exchange on [...]
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 [...]
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