Not for distribution to the United States news wire services or for dissemination in the United States Lithoquest Resources Inc. today announced that it has closed the Company's non-brokered private placement, previously announced on May 31, 2021 and updated on June 18, 2021 . The closing is subject to final acceptance of the TSX Venture Exchange. Pursuant to the Offering, the Company has issued 18,095,000 units at a [...]
Lithoquest Resources Inc. today announced that, due to strong investor demand, it has increased the size of the previously announced non-brokered private placement a second time. The Company now intends to sell up to 17,500,000 units of the Company at a price of $0.10 per unit and up to 5,600,000 flow-through shares of the Company at a price of $0.125 per FT Share for gross proceeds of up to $2,450,000. Each Unit will [...]
Lithoquest Resources Inc. today announced that due to significant demand, it has increased the size of the previously announced non-brokered private placement to sell up to 10,000,000 units of the Company at a price of $0.10 per unit and up to 4,000,000 flow-through shares of the Company at a price of $0.125 per FT Share for gross proceeds of up to $1,500,000. Each Unit will consist of one common share of the Company and [...]
Lithoquest Resources Inc. today announced that it will conduct a non-brokered private placement, subject to the approval of the TSXV, for aggregate gross proceeds of up to $900,000. The Offering will consist of units at a price of $0.10 per Unit and flow-through shares at price of $0.125 per FT Share. Each Unit will consist of one common share of the Company and one-half warrant each whole Warrant entitling the holder [...]
Lithoquest Resources Inc. is pleased to announce that it has entered into an Option Agreement with Landore Resources Canada Inc. to acquire a 100% interest in two gold projects located in Ontario: the 5,494 ha Miminiska Gold Project and the 12,482 ha Keezhik Gold Project. The projects are situated within the Miminiska-Fort Hope greenstone belt and host drill-confirmed gold mineralization that is similar in style to the [...]
Lithoquest Resources Inc. is pleased to announce that it has received TSX Venture Exchange conditional approval and today closed the Company's non-brokered private placement, previously announced on February 18, 2021. Pursuant to the Offering, the Company has issued 2,980,000 units at a price of $0.08 per Unit for aggregate gross proceeds of $238,400. Each Unit consists of one common share of the Company and one full [...]
Lithoquest Resources Inc. announces that it will conduct a non-brokered private placement, subject to the approval of the TSXV, for aggregate gross proceeds of up to $200,000. The Offering will consist of units at a price of $0.08 per Unit. Each Unit will consist of one common share of the Company and one full warrant entitling the holder thereof to acquire an additional common share of the Company at an exercise price of [...]
Lithoquest Resources Inc. today announced that it has acquired mineral claims over a prospective and under-explored area of the Fort Hope Greenstone Belt in northwestern Ontario. The Attwood Project comprises 1,151 mineral claims covering 23,262 ha and is located approximately 320km north of Thunder Bay. The property lies within 5 km of the all-weather Ogoki Forestry Road and is accessible by float plane from the [...]
Lithoquest Diamonds today announced that, in accordance with the Company's articles, the directors of the Company have approved a change in the Company's name to "Lithoquest Resources Inc.". There will be no change to the Company's trading symbol. Effective as of the opening of the market on Tuesday, November 24, 2020, the Company's shares will commence trading on the TSX Venture Exchange under its new name of "Lithoquest [...]
Lithoquest Diamonds today announced the appointment of Ms. Jo Price, M.Sc., MBA, P.Geo as an independent director, effective immediately. In addition, Ms. Price will serve as a member of the Compensation Committee and the Audit Committee. "Lithoquest welcomes Ms. Price to its Board of Directors," stated Bruce Counts, President and CEO of Lithoquest Diamonds. "Jo's credentials and extensive industry experience ensures that [...]
Lithoquest Diamonds Inc. today provided a corporate update. New Project Initiatives Funding for diamond exploration has become increasingly difficult to secure due to challenging conditions in the overall diamond industry. As a result, the Company has placed the North Kimberley Diamond Project on care and maintenance until financing conditions improve. In order to build value, the Company, along with its advisors, has [...]
Lithoquest Diamonds Inc. is pleased to announce that it has received TSX Venture Exchange conditional approval and today closed the Company's non-brokered private placement, previously announced on February 20, 2020 . Pursuant to the Offering, the Company has issued 8,333,334 common shares at a price of $0.03 per Share for aggregate gross proceeds of $250,000. In connection with the closing of the Offering, Lithoquest has [...]
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