June 24, 2024

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Great Quest Announces Resumption of Trading and Provides Update on Acquisition of Belmont Exploration

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VANCOUVER, British Columbia, May 27, 2024 (GLOBE NEWSWIRE) — Great Quest Fertilizer Ltd. (TSX-V: GQ) (“Great Quest” or the “Company”) announces today that it has been advised by the TSX Venture Exchange (the “TSXV”) that the common shares of Great Quest will resume trading on the TSXV effective May 29, 2024 at the opening of trading.

Further to the Company’s December 23, 2023 press release, the Company has submitted the supporting documentation requested by the TSX Venture Exchange (the “TSXV”) and is working with the TSXV to obtain final approval of the acquisition of up to 70% of the issued and outstanding shares of Belmont Exploration (PTY) Ltd. (the “Transaction”). The Company also provides the following additional information regarding the Transaction:

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About Great Quest

Great Quest Fertilizer Ltd. is a Canadian mineral exploration company focused on the development of African gold projects. The Company’s flagship asset is the Sanoukou Gold Project, encompassing 24 km2 located in the Kayes region to the West of Mali and developing the Tilemsi Phosphate Project a 1,206 km² parcel in northeastern Mali, containing high quality phosphate resources amenable to use as direct application fertilizer. Great Quest is listed on the TSX Venture Exchange under the symbol GQ, and the Frankfurt Stock Exchange under the symbol GQM.

ON BEHALF OF THE BOARD OF DIRECTORS OF GREAT QUEST FERTILIZER LTD.

“Jed Richardson”

President, Chief Executive Officer and Director

Disclaimer for Forward-Looking Information

This news release may contain forward-looking statements. Forward-looking statements include, without limitation, the trading of the Company’s shares, the Transaction and the Company’s ability to complete the Transaction the Company’s ability to raise additional financing and the Company’s future plans.
These statements are based on current expectations and assumptions that are subject to risks and uncertainties….

GlobeNewswire

2024-05-27 13:40:45

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