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| Home : GoldQuest Closes Second Tranche of Private Placement |
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Nov 07
2015 |
GoldQuest Closes Second Tranche of Private Placement |
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VANCOUVER, BC--(Marketwired - November 06, 2015) - GoldQuest Mining Corp., (TSX VENTURE: GQC) (FRANKFURT: M1W) (BERLIN: M1W) ("GoldQuest" or the "Company") is pleased to announce that the Company has closed the second tranche (the "Second Tranche") of its private placement (the "Private Placement") and has issued 13,636,271 units of the Company (the "Units") at a price of $0.11 per Unit for gross proceeds of $1,499,989.81, bringing the total Units issued pursuant to the Private Placement to 31,727,181 for aggregate gross proceeds of $3,489,989.91. Each Unit consists of one common share of the Company (a "Common Share") and one-half of one Common Share purchase warrant of the Company (each whole warrant, a "Warrant"). Each Warrant is exercisable for an additional Common Share at an exercise price of $0.18 for a period of three years following the closing date of the issuance. |
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| Source:http://www.marketwired.com/mw/release.do?id=2071294&sourceType=3 |
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