Great Quest Directors Sell Stock to Participate in Private Placement
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,