Great Quest Gold announces that it has closed the final tranche of its previously announced non-brokered private placement for gross proceeds of $211,000. Pursuant to the Final Tranche, the Company has issued 8,440,000 common shares of the Company, at a price of $0.025 per Share. Together with the first tranche of the Offering, the Company has issued an aggregate of 20,000,000 Shares for aggregate gross proceeds of $500,000. All of the Shares issued pursuant to the Final Tranche are subject to a four month and one day hold period from the date of issue. The net proceeds of the Final Tranche will be used for costs associated with the Company's proposed reverse takeover transaction with Lot
US Gold Corp. . Pursuant to the Transaction, the Shares shall be conso...