Northquest Ltd.
TSX VENTURE : NQ

Northquest Ltd.

January 10, 2011 11:31 ET

Northquest Ltd. Announces Grant Of Stock Options

TORONTO, ONTARIO--(Marketwire - Jan. 10, 2011) - Northquest Ltd. ("Northquest") (TSX VENTURE:NQ) wishes to announce that it has today granted an aggregate of 87,500 stock options an officer of Northquest, each such stock option entitling the holder thereof to acquire one common share of Northquest at an exercise price of $0.71 for a period of five years. An aggregate of 37,500 of such stock options vest on June 9, 2011, with the remaining 50,000 stock options vesting on December 9, 2011. 

Northquest is a mineral exploration company focused on the acquisition, exploration and development of properties for the mining of gold and other minerals. 

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 RELEASE.

Contact Information

  • Northquest Ltd.
    Dr. Jon North
    President and Chief Executive Officer
    (416) 786-6348
    www.northquest.biz