• Great Quest Announces Termination of Change of Business

    Author: Great Quest | | Categories: 2020

    VANCOUVER, BRITISH COLUMBIA (November 11, 2020) – Great Quest Fertilizer Ltd. (TSXV:GQ) (“the Company”) 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 directors undertook reasonable investigations and reviewed the alternatives in considering and applying their judgment to approve this transaction.  As part of these…

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  • Great Quest Closes Upsized Private Placement

    Author: Great Quest | | Categories: 2020

    VANCOUVER, BRITISH COLUMBIA - June 22, 2020 - Great Quest Fertilizer Ltd (TSXV:GQ) (the "Company" or "GQ") is pleased to announce that it has closed, on an oversubscribed basis, its previously announced non-brokered private placement (the "Offering"). The Company issued 3,552,500 units (the "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 (a "Share") and one common share purchase warrant (a "Warrant"). Each Warrant entitles the holder thereof to acquire one Share at a price of $0.20 for a period of 36 months following the date hereof. The…

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  • Great Quest Amends Terms of Private Placement

    Author: Great Quest | | Categories: 2020

    NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES VANCOUVER, British Columbia, May 27, 2020 -- Great Quest Fertilizer Ltd (TSXV:GQ) (the “Company”) has amended the terms of its non-brokered private placement previously announced on November 21, 2019 (the "Offering"). 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 Offering. The repriced Offering is subject to certain conditions including,…

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  • Great Quest Announces a non-brokered private placement of up to $250,000

    Author: Great Quest | | Categories: 2020

    Not for distribution to U.S. news wire services or dissemination in the United States. VANCOUVER, British Columbia, May 06, 2020 - Great Quest Fertilizer Ltd (TSXV:GQ) (“the Company”) intends to complete a non-brokered private placement for gross proceeds of up to $250,000 (the "Private Placement"). The Private Placement will consist of up to 2,500,000 units of the Company (each, a "Unit"), at a price of $0.10 per Unit. Each Unit shall consist of one common share in the capital of the Company (each a "Share") and one common share purchase warrant. Each warrant shall entitle the holder to purchase one common share…

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  • GQ Announces Land Title Granted at Markala, Segou, Mali

    Author: Bruna Zolet | | Categories: 2020

    Highlights: Title formally granted on land to be use for fertilizer processing plant Acquired for 10,253,755 CFA (USD$17,418) TORONTO, April 28, 2020 - Great Quest Fertilizer Ltd (TSXV:GQ) (“Great Quest” or “the Company”) 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 (see press release dated February 27, 2019). The Markala land comprises 2.5 hectares and is located in the secure southern portion of Mali, on the…

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  • Great Quest Renews Exploration Permits for 97.3% Owned Tilemsi and Tarkint Est Concessions for 7-Year Term

    Author: Great Quest | | Categories: 2020

    VANCOUVER, British Columbia, April 16, 2020 - Great Quest Fertilizer Ltd (TSXV:GQ) (“Great Quest” or “the Company”) 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 additional 2-year terms to continue exploration and development at the site for up to 7 years inclusive of extensions.  ABOUT THE TILEMSI…

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  • GQ Provides an Update on the Change of Business Transaction and Plans for 2020

    Author: Great Quest | | Categories: 2020

    VANCOUVER, British Columbia, March 26, 2020 - Great Quest Fertilizer Ltd (TSXV:GQ) (“the Company”) is pleased to provide an update for shareholders on developments within the Company during the trading halt required by the Change of Business (“COB”) process. The COB Transaction Great Quest continues to work through the COB process as outlined by the TSX Venture. Upon completion of an audit and approval of the information circular it will be shared with shareholders who will vote on the transaction. Approval of the transaction and the change of business by shareholders will allow the acquisition of INCajou to close and the shares…

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  • Great Quest Enters 2-year Partnership with Akon Legacy Ventures and Announces Changes to its Board of Directors

    Author: Bruna Zolet | | Categories: 2020

    VANCOUVER, British Columbia, Jan. 16, 2020 - Great Quest Fertilizer Ltd (TSXV:GQ) (“Great Quest” or the “Company”) is pleased to announce that it has entered into a strategic partnership (the “Agreement”) with Akon Legacy Ventures, LLC. (“ALV”) to build and expand GQ’s business, customer base and increase potential revenue streams for the Company, effective January 1, 2020. The partnership covers agricultural and mining activities in Africa, capital formation, promotion and marketing, and branding.  ALV and its principals shall work with GQ on a non-exclusive basis to raise growth capital for the Company. GQ will determine the terms and amounts for fundraising and…

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