Great Quest Closes Strategic Acquisition of Gold and Lithium Projects in Namibia
Great Quest Closes Strategic Acquisition of Gold and Lithium Projects in Namibia
Following, the closing of the Transaction, Great Quest can acquire an additional 26% ownership interest in Belmont by funding the Namibian dollar equivalent of USD$1,400,000 for exploration expenditures on the Projects.VANCOUVER, British Columbia, July 17, 2024 (GLOBE NEWSWIRE) -- Great Quest Fertilizer Ltd (TSXV:GQ) ("Great Quest" or the "Company") is pleased to announce that it has closed its previously announced acquisition of a 25% ownership interest in Belmont Mineral Exploration (Pty) Ltd. ("Belmont"), a Namibian private company (the "Transaction").
加拿大卑詩省溫哥華，2024年7月17日（環球新聞社）——大探索肥料有限公司（tsxv:gq）（“大探索”或“公司”）很高興宣佈，它已經完成了其之前宣佈的收購貝爾蒙特礦產勘探（Pty）有限公司（“貝爾蒙特”）25%的股權（“交易”），貝爾蒙特是一家納米比亞私人公司。
Belmont holds, directly or through option agreements, 14 exclusive prospecting licenses covering 307,778 hectares of exploration licenses, including the Khorixas Gold Project, the Omatjete Gold and Lithium Project, and the Outjo Gold Project (collectively, the "Projects"). Please see the Company's press releases dated December 21, 2023 and May 27, 2024 for further details regarding the Transaction.
貝爾蒙特擁有直接持有或通過期權協議持有的14個獨家勘探牌照，覆蓋307,778公頃的勘探牌照，包括Khorixas金礦項目，Omatjete金鋰項目和Outjo金礦項目（統稱“項目”）。有關交易的更多詳細信息，請參見公司於2023年12月21日和2024年5月27日發佈的新聞稿。
As consideration for an initial 25% equity interest in Belmont, Great Quest has:
作爲對貝爾蒙特25％股權的初始股權，大探索已經：
- Paid the Namibian dollar equivalent of USD$60,000 in cash to the vendor; and
- Agreed to fund the Namibian dollar equivalent of USD$1,400,000 for exploration expenditures on the Projects within 24 months of closing of the Transaction.
- 向供應商以現金支付了相當於60,000美元的納米比亞元；並
- 同意在交易關閉之後的24個月內爲項目的勘探支出提供相當於1,400,000美元的納米比亞元。
Following, the closing of the Transaction, Great Quest can acquire an additional 26% ownership interest in Belmont by funding the Namibian dollar equivalent of USD$1,400,000 for exploration expenditures on the Projects.
交易關閉後，大探索可以通過爲項目提供相當於1,400,000美元的納米比亞元的勘探支出，獲得貝爾蒙特另外26％的股權。
Pursuant to an assignment and assumption agreement dated December 20, 2023, as amended, with Sulliden Mining Capital Inc. ("Sulliden"), Great Quest has (i) issued 5 million Great Quest common shares to Sulliden; (ii) agreed to pay Sulliden (A) USD$50,000 in cash within 90 days of closing the Transaction and (B) USD$50,000 within 180 days of closing the Transaction; and (iii) agreed to reimburse Sulliden's costs of CAD$115,824.59 within 90 days of closing the Transaction. The Great Quest common shares issued to Sulliden are subject to a four-month statutory hold period.
根據2023年12月20日起草並修訂的《轉讓和承擔協議》，與Sulliden Mining Capital Inc（"Sulliden"）簽訂協議，Great Quest已經（i）向Sulliden發行了500萬股Great Quest的普通股；（ii）同意在交易完成後90天內支付Sulliden（A）50,000美元現金，以及（B）交易完成後180天內支付50,000美元；（iii）同意在交易完成後90天內償還Sulliden的115,824.59加元成本。Great Quest發行給Sulliden的普通股處於法定四個月持有期。
About Great Quest
關於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.
Great Quest Fertilizer Ltd.是一家加拿大礦產勘探公司，專注於非洲金礦項目的開發。公司的旗艦資產是Sanoukou黃金項目，佔地24平方公里，位於馬裏西部凱斯地區，並開發Tilemsi磷酸鹽項目，一個位於馬裏東北部的1,206平方公里的地塊，含有高質量的磷酸鹽資源可作爲直接應用肥料。Great Quest在TSX Venture Exchange（股票代碼GQ）和Frankfurt Stock Exchange（股票代碼GQm）上市。
ON BEHALF OF THE BOARD OF DIRECTORS OF GREAT QUEST FERTILIZER LTD.
免責聲明
"Jed Richardson"
Chief Executive Officer and Executive ChairmanJed Richardson
Chief Executive Officer and Executive Chairman
更多信息，請通過info@greatquest.com聯繫Jed Richardson。
Disclaimer for Forward-Looking Information
關於前瞻性信息的免責聲明本新聞稿可能含有前瞻性聲明。這些聲明包括涉及公司的管理團隊和董事會，Sanoukou Gold Project，Tilemi磷酸鹽項目以及公司未來計劃和目標的影響。這些聲明基於目前的預期和假設，面臨着風險和不確定性。實際結果可能因爲在我們的中期和最近的年度財務報告的管理討論和分析部分或其他報告和文件及TSX Venture Exchange和適用的加拿大證券法規中所討論的因素而有所不同。我們不承擔任何更新前瞻性聲明的義務，除非法律規定。
This news release may contain forward-looking statements. These statements include statements regarding the Transaction, the prospectivity of the Projects, the Company's future plans and objectives. 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.
本新聞可能包含前瞻性聲明。這些聲明包括關於交易，項目前景，公司未來計劃和目標的聲明。這些聲明基於目前的期望和假設，受到風險和不確定性的影響。實際結果可能因我們的中期和最新年度財務報表或其他報告和提交給tsxv和適用的加拿大證券法規的管理討論和分析部分中討論的因素而有所不同。除適用法律要求外，我們不承擔更新任何前瞻性聲明的義務。
Neither the TSX Venture Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.
TSX Venture Exchange和其管制服務提供商不對本公告的充分性或準確性承擔責任。
CONTACT: For more information:
Please contact Jed Richardson by email at info@greatquest.com
更多信息，請聯繫：
請通過info@greatquest.com電子郵件聯繫Jed Richardson
譯文內容由第三人軟體翻譯。