Great Quest Fertilizer Bolsters Capital with Executive Loans
Company Announcements

Great Quest Fertilizer Bolsters Capital with Executive Loans

Great Quest Fertilizer (TSE:GQ) has released an update.

Great Quest Fertilizer Ltd. secures a total of CAD$490,000 in unsecured loans from its executives to bolster working capital and finalize its acquisition of Belmont Mineral Exploration. The loans, bearing a high-interest rate of 20%, are set to mature in 18 months. This strategic financial move is aimed at advancing the company’s growth, particularly in their key projects in Mali.

For further insights into TSE:GQ stock, check out TipRanks’ Stock Analysis page.

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