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Northquest Ltd. Announces Director Appointments

TORONTO, ONTARIO–(Marketwired – June 13, 2016) – Northquest Ltd. (TSX VENTURE:NQ)(FRANKFURT:N3Q) (“Northquest” or “the Company”) announces that, pursuant to the previously announced support agreement (the “Support Agreement”) between the Company and Nord Gold SE (“Nordgold”) dated May 26, 2016 relating to Nordgold’s offer to purchase all of the common shares of the Company (“Common Shares”) at a price of $0.26 per Common Share (the “Offer”), the Company has appointed Mr. Karl Glackmeyer and Mr. Andrew Matthews, as director nominees of Nordgold, to the board of directors of the Company (the “Board”) effective June 13, 2016.