DGAP-News

GoldQuest Closes Second Tranche of Private Placement - Seite 2

on a fully diluted basis).

Neither the TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this news release.

Cautionary Note Regarding Forward-Looking Statements

Certain statements in this news release are 'forward-looking'
within the meaning of Canadian securities legislation.
Forward-looking statements can generally be identified by the use
of forward-looking terminology such as 'may', 'will', 'expect',
'intend', 'estimate', 'anticipate', 'believe', 'continue',
'plans' or similar terminology. Forward-looking statements
include, but are not limited to, statements relating to the
anticipated closing of the second tranche, the receipt of final
approval from the TSX Venture Exchange, the expected use of
proceeds from the Private Placement. Forward-looking statements
are necessarily based upon the current belief, opinions and
expectations of management that, while considered reasonable by
the Company, are inherently subject to significant business,
economic, competitive, political and social uncertainties and
other contingencies. Many factors could cause the Company's
actual results to differ materially from those expressed or
implied in the forward-looking statements. These factors include,
among others, the timeliness and success of regulatory approvals,
market prices, metal prices, availability of capital and
financing, general economic, market or business conditions, as
well as other risk factors set out under the heading 'Risk and
Uncertainties' in the Management's Discussion and Analysis dated
June 30, 2015, which is available on SEDAR at www.sedar.com.
Investors are cautioned not to put undue reliance on
forward-looking statements due to the inherent uncertainty
therein.



CONTACT INFORMATION
GoldQuest Mining Corp.
www.goldquestcorp.com

Julio Espaillat
President & Chief Executive Officer
[phone]
[e-mail]

Bill Fisher
Executive Chairman - Toronto
[phone]
[e-mail]

News Source: Marketwire



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07.11.2015 Dissemination of a Corporate News, transmitted by DGAP - a
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Language: English
Company: GoldQuest Mining Corp.


United States


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410133 07.11.2015