VANCOUVER, BC–(Marketwired – March 06, 2017) – GoldQuest Mining Corp. (TSX VENTURE: GQC) (FRANKFURT: M1W) (BERLIN: M1W) (“GoldQuest” or the “Company”) is pleased to announce that Agnico Eagle Mines Limited (“Agnico”) has agreed to acquire, by way of non-brokered private placement, 38,100,000 common shares of GoldQuest at a price of C$0.60 per common share for a total investment of C$22,860,000. Upon closing of the private placement, Agnico will own approximately 15% of the issued and outstanding common shares of GoldQuest.
