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Great Quest Fertilizer Enters Into Loan Agreements

Great Quest Fertilizer Enters Into Loan Agreements

Great Quest 化肥簽訂貸款協議
GlobeNewswire ·  04/24 05:00

VANCOUVER, British Columbia, April 23, 2024 (GLOBE NEWSWIRE) -- Great Quest Fertilizer Ltd. (TSX-V: GQ) ("Great Quest" or the "Company") announces that it has entered into loan agreements with each of Jed Richardson, CEO of the Company, Albert Yuen, Director of the Company, David Shaw, Director of the Company, John Clarke, Director of the Company and Aidan Sullivan, a VP of the Company, for an aggregate amount of CAD$490,000 (collectively, the "Loans"). The Loans are unsecured, accrue interest at 20% and mature 18 months from the date of the promissory note evidencing the Loan. The Company will use the proceeds of the Loans for working capital purposes and to facilitate the closing of Great Quest's acquisition of Belmont Mineral Exploration (PTY) Ltd (please see the Company's press release dated December 21, 2023 for further details).

不列顛哥倫比亞省溫哥華,2024年4月23日(GLOBE NEWSWIRE)——Great Quest 化肥有限公司(TSX-V:GQ)(“Great Quest” 或 “公司”)宣佈已與公司首席執行官傑德·理查森、公司董事袁艾伯特、公司董事大衛·肖、公司董事約翰·克拉克和艾丹分別簽訂了貸款協議該公司副總裁沙利文,總金額爲49萬加元(統稱爲 “貸款”)。這些貸款是無抵押的,應計利息爲20%,自證明貸款的期票之日起18個月內到期。該公司將把貸款收益用於營運資金用途,並促進Great Quest完成對貝爾蒙特礦產勘探(私人)有限公司的收購(更多詳情,請參閱該公司2023年12月21日的新聞稿)。

Each of Messrs Richardson, Yuen, Shaw and Clarke are a "related party" to Great Quest and the Company has relied on certain exemptions from the minority approval and formal valuation requirements under Multilateral Instrument 61-101 – Protection of Minority Security Holders in Special Transactions ("MI 61-101") pursuant to Sections 5.5(b) and 5.7(1)(f) of MI 61-101.

理查森、Yuen、Shaw和Clarke先生都是Great Quest的 “關聯方”,該公司依賴於多邊文書61-101下少數派批准和正式估值要求的某些豁免— 在特殊交易中保護少數證券持有人 (“MI 61-101”),根據 MI 61-101 第 5.5 (b) 和 5.7 (1) (f) 節。

About Great Quest

關於《大探索》

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.

Great Quest 化肥有限公司是一家加拿大礦產勘探公司,專注於開發非洲的黃金項目。該公司的旗艦資產是薩努庫黃金項目,佔地24公里2 位於馬裏西部的卡耶斯地區,正在開發Tilemsi磷酸鹽項目,該項目位於馬裏東北部,佔地1,206平方公里,含有可直接用作肥料的高質量磷酸鹽資源。Great Quest在多倫多證券交易所風險交易所上市,股票代碼爲GQ,在法蘭克福證券交易所上市,股票代碼爲GQM。

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

代表 GREAT QUEST 化肥有限公司董事會

"Jed Richardson"

“傑德·理查森”

President, Chief Executive Officer and Director

總裁、首席執行官兼董事

Disclaimer for Forward-Looking Information

前瞻性信息免責聲明

This news release may contain forward-looking statements. Forward-looking statements include, without limitation, the Loans and use of proceeds thereof, 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. Actual results could differ materially because of factors discussed in the management discussion and analysis section of our interim and most recent annual financial statements or other reports and filings with the TSX Venture Exchange and applicable Canadian securities regulations. We do not assume any obligation to update any forward-looking statements, except as required by applicable laws.

本新聞稿可能包含前瞻性陳述。 前瞻性陳述包括但不限於貸款及其收益的使用、公司籌集額外融資的能力以及公司的未來計劃。 這些陳述基於當前的預期和假設,受風險和不確定性的影響。由於我們的中期和最新年度財務報表或向多倫多證券交易所風險交易所提交的其他報告和文件以及適用的加拿大證券法規的管理層討論和分析部分中討論的因素,實際業績可能會有重大差異。除非適用法律要求,否則我們不承擔任何更新任何前瞻性陳述的義務。

Neither the TSX Venture Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.

多倫多證券交易所風險交易所及其監管服務提供商均不對本新聞稿的充分性或準確性承擔責任。

CONTACT: For more information:  Please contact Jed Richardson by email at jed@greatquest.com
聯繫人:欲了解更多信息:請通過電子郵件與 Jed Richardson 聯繫 jed@greatquest.com

譯文內容由第三人軟體翻譯。


以上內容僅用作資訊或教育之目的,不構成與富途相關的任何投資建議。富途竭力但無法保證上述全部內容的真實性、準確性和原創性。
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