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GoldQuest Mining Announces $10 Million Bought Private Placement; Most Active on the TSXV

GoldQuest Mining Corp. (GQC.V) today announced a $10 million bought private placement. The net proceeds will be used to advance the exploration and development of the Company's gold assets in the Dominican Republic and for general corporate purposes.

GoldQuest yesterday reported significant mineralization at Romero, Dominican Republic. The results included 258 metres grading 4.5 g/t gold and 1.3% copper and an upper section of 55 metres grading 1.25 g/t gold assay results from the third vertical hole into the Romero discovery, within the company's 100% owned Las Tres Palmas trend in the Dominican Republic.

GoldQuest is now trading at $1.35, on volume 3 million, making it the most active on the TSXV.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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