GoldQuest Completes C$8.7 Million Private Placement
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GoldQuest Mining Corp. has completed a C$8.7 million private placement, issuing 45,783,952 common shares at C$0.19 each. This increases the company's cash reserves to over C$15 million.
November 20, 2024 | 10:45 pm
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GoldQuest Mining Corp. completed a C$8.7 million private placement, enhancing its cash position to over C$15 million, which could support future projects and operations.
The successful private placement significantly boosts GoldQuest's cash reserves, providing financial flexibility for future projects and operations. This is likely to be viewed positively by investors, potentially leading to a short-term increase in stock price.
CONFIDENCE 95
IMPORTANCE 80
RELEVANCE 90