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Great Quest Directors Sell Stock to Participate in Private Placement

By Great Quest | 

VANCOUVER, BC - Willis W. Osborne, President of Great Quest Metals Ltd. (TSX Venture Exchange: GQ), wishes to advise that two of its Directors have sold 650,000 shares through the facilities of the TSX Venture Exchange at a price of $0.56 per share. These two Directors have subscribed for 650,000 units of the Company's ongoing $550,000 private placement at a price of $0.55 per share.

The proceeds of the private placement will be used for drilling on the Djambaye 2 gold zone in the Kenieba concession, western Mali, West Africa, concession option payments, administration and investor relations.

ON BEHALF OF THE BOARD OF DIRECTORS

"Willis W. Osborne"
Willis W. Osborne,
President