GREAT QUEST
Suite 515, 475 Howe Street Vancouver, BC, Canada V6C 2B3 | Tel: 604-689-2882 Website: www.greatquest.com Fax: 604-684-5854 Email: info@greatquest.com |
December 31, 2008
Great Quest Announces
$120,000 Private Placement
VANCOUVER, BC -- Willis W. Osborne, President of Great Quest Metals Ltd. (TSXV: GQ; Frankfurt: GQM), is pleased to announce a private placement of 3,000,000 units at $0.04 per unit, consisting of one common share and one half of a transferable share purchase warrant, for total proceeds of $120,000. Each full warrant will entitle the holder to purchase one additional share in the Company?s capital stock at $0.07 for a period of one year from the date of closing. The private placement is subject to regulatory approval and all shares issued under the private placement will be subject to a four-month hold period from the date of closing. A finder?s fee will be paid and broker?s warrants issued on a portion of the private placement.
The proceeds of the private placement will be used for continued assessment of the Tilemsi project, corporate purposes and investor relations.
ON BEHALF OF THE BOARD OF DIRECTORS
OF GREAT QUEST METALS LTD.
Willis W. Osborne
President
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Great Quest Metals Ltd
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EXPLORATEUR |
CODE : GQ.V |
ISIN : CA3909121038 |
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Great Quest Metals est une société développant des projet miniers d'or et de cuivre basée au Canada. Great Quest Metals détient divers projets d'exploration au Mali. Ses principaux projets en exploration sont KENIETI, BOURDALA, KENIEBA, TIN HINA et SANOULOU au Mali et TASEKO au Canada. Great Quest Metals est cotée au Canada, aux Etats-Unis D'Amerique et en Allemagne. Sa capitalisation boursière aujourd'hui est 537 200 CA$ (429 519 US$, 407 640 €). La valeur de son action a atteint son plus haut niveau récent le 27 mai 2011 à 4,88 CA$, et son plus bas niveau récent le 11 août 2023 à 0,01 CA$. Great Quest Metals possède 53 720 000 actions en circulation. |