VANCOUVER, BC - Willis W. Osborne, President of Great Quest Metals Ltd. (TSXV: GQ; Frankfurt: GQM), is pleased to announce that, subject to TSX Venture Exchange approval, the Company has arranged a non-interest bearing loan (the "Loan") of $200,000 and is in the process of arranging a $120,000 private placement. Proceeds from the $200,000 loan and $50,000 of the private placement will be used as a deposit in securing the Tilemsi Phosphate Project in eastern Mali, West Africa. This includes a 36,000 tonne per year plant as well as 3 phosphate deposits, one of which has been in near-surface production. Once…
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Great Quest Announces a $200,000 Loan and a $120,000 Private Placement
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Great Quest Announces a $200,000 Loan and a $120,000 Private Placement
VANCOUVER, BC - Willis W. Osborne, President of Great Quest Metals Ltd. (TSXV: GQ; Frankfurt: GQM), is pleased to announce that, subject to TSX Venture Exchange approval, the Company has arranged a non-interest bearing loan (the "Loan") of $200,000 and is in the process of arranging a $120,000 private placement. Proceeds from the $200,000 loan and $50,000 of the private placement will be used as a deposit in securing the Tilemsi Phosphate Project in eastern Mali, West Africa. This includes a 36,000 tonne per year plant as well as 3 phosphate deposits, one of which has been in near-surface production. Once…
CLICK HERE TO READ THE FULL ARTICLE »