VANCOUVER, British Columbia — Great Quest Gold Ltd. (TSXV:GQ) (“Great Quest” or the “Company”) announces that it has closed the final tranche of its previously announced non-brokered private placement (the “Offering”) for gross proceeds of $211,000 (the “Final Tranche”). Pursuant to the Final Tranche, the Company has issued 8,440,000 common shares of the Company (each, a “Share”), 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.
