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