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Strategies & Market Trends : Dino's Bar & Grill -- Ignore unavailable to you. Want to Upgrade?

To: Goose94 who wrote (1864)	7/14/2014 10:42:31 AM
From: Goose94	Read Replies (1) \| Respond to of 203630

Northquest (NQ-V) July 14, '14 has closed the second tranche of its previously announced non-brokered private placement, pursuant to which Northquest has issued an aggregate of 10 million units to Nord Gold NV at a price of 20 cents per unit to raise aggregate gross proceeds of $2-million Jon North, President and CEO of Northquest stated: "I am delighted to report the closing of this transaction with Nordgold together with the other benefits that will accrue to Northquest because of this transaction. I am also very pleased to report that in early July two Nordgold executives and a technical team of two of Nordgold's geologists completed their due diligence assessment of the Pistol Bay property in Nunavut, Canada, which included a four day site visit by the technical team. As expected, the results of the site visit were positive and we are very happy to have the confidence and approval of Nordgold and their endorsement of the Pistol Bay Gold Project. We look forward to working with Nordgold on the development of the Pistol Bay project in the Canadian Arctic." Nordgold currently holds 12,777,777 Common Shares (representing 22.6 % of the issued and outstanding Common Shares on a non-diluted basis) and warrants to acquire up to an additional 6,388,889 Common Shares.