Vancouver, British Columbia — January 13, 2026 — Leads & Copy — GoldQuest Mining Corp. (TSXV: GQC) (OTCQX: GDQMF) has announced the closing of the third and final tranche of its non-brokered private placement, originally announced on December 16, 2025.
The Third Tranche saw the company issue 2,744,542 units at a price of C$1.21 per unit, resulting in gross proceeds of approximately C$3.3 million.
The private placement’s first tranche closed on December 23, 2025, with the second tranche closing on January 9, 2026.
Each unit is comprised of one common share of the company and one-half of one common share purchase warrant. Each warrant allows the holder to purchase one common share at an exercise price of C$1.80 per common share for a period of 24 months from the applicable closing date of the private placement.
Combined with the First and Second Tranches, GoldQuest issued a total of 34,710,743 units under the private placement, for gross proceeds of approximately C$42 million.
In connection with the Third Tranche, the Company paid cash finder’s fees of C$100,000.45 to Paradigm Capital Inc. and C$66,044.34 to Milenio Partners, S.A.
All common shares and warrants issued pursuant to the private placement are subject to a four-month statutory hold period under applicable Canadian securities laws.
The company intends to allocate the proceeds from the private placement to early development activities at the Romero project, expansion of greenfield exploration drilling, and for general corporate purposes.
GoldQuest Mining Corp. is a Canadian exploration and development company focused on advancing its gold and copper assets in the Dominican Republic.
Luis Santana, Chief Executive Officer, can be contacted at 1 (809) 224-0629 or lsantana@goldquestcorp.com.
Source: GoldQuest Mining Corp.
