Last C$0.89 CAD
Change Today -0.03 / -3.26%
Volume 50.7K
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As of 3:58 PM 11/21/14 All times are local (Market data is delayed by at least 15 minutes).

great quest fertilizer ltd (GQ) Snapshot

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02/20/14 - C$2.54
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11/25/13 - C$0.53
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great quest fertilizer ltd (GQ) Details

Great Quest Fertilizer Ltd. focuses on the manufacture of fertilizers. It intends to develop African agricultural mineral projects for local production of farm ready fertilizers. The company’s principal property is the Tilemsi Phosphate Project that covers an area of 1,206 km² in northeastern Mali. It also intends to develop the brownfield potash brine opportunity in Botswana. The company was formerly known as Chromos Molecular Systems Inc. and changed its name to Great Quest Fertilizer Ltd. in June 2014 as a result of business focus shift from gold exploration for fertilizer manufacturing. Great Quest Fertilizer Ltd. was founded in 1989 and is headquartered in Toronto, Canada.

Founded in 1989

great quest fertilizer ltd (GQ) Top Compensated Officers

Chief Executive Officer, President, Director ...
Total Annual Compensation: --
Chief Financial Officer and Secretary
Total Annual Compensation: C$128.6K
Chief Operating Officer
Total Annual Compensation: C$203.6K
Compensation as of Fiscal Year 2013.

great quest fertilizer ltd (GQ) Key Developments

Great Quest Fertilizer Ltd. Enters into the Memorandum of Understanding with Societe Africaine De Developpement Agricole S.A

Great Quest Fertilizer Ltd. announced that it has entered into a memorandum of understanding with the Societe Africaine de Developpement Agricole S.A. for the establishment of a partnership to construct and operate its initial Malian production facility. Under the terms of the MOU, the Company and SADA will incorporate a new Malian corporation contributing 67% and 33% of the capital respectively. This partnership strengthens the relationship between Great Quest and SADA, as under the agreement SADA is the guaranteed purchaser of 95% of the production from the joint Malian facility.

Great Quest Fertilizer Ltd. Renews Permits to Advance Tilemsi Phosphate Project

Great Quest Fertilizer Ltd. announced the renewal of the phosphate exploration permits for its Tarkint Est and Tilemsi claim areas. The Tilemsi phosphate project is composed of Tarkint Est, Tilemsi and Aderfoul exploration permits. The 2 renewed permits are valid for 2 years and subject to be renewed once for 2 more years. The Aderfoul permit was received after Tarkint Est and Tilemsi, and as such has not come up for renewal. Malian Mining law allows for regular renewal of exploration concession permits, given satisfactory work has been undertaken during the preceding period.

Great Quest Announces New Partnership with the Aga Khan Development Network

Great Quest Fertilizer Ltd. announced the commencement of second year demonstrations of the company's direct application phosphate project. Work continues with government partner the institut pour economique Developpment, a division of Mali's ministry of Agriculture. In addition, Great Quest welcomed new partner the Aga Khan Development Network. The company's fertilizer is being applied in the field this month. Great Quest has provided quantities of the proposed products to farmers that are part of the AKF agricultural development program in the Mopti region of Mali. Farmers of millet, corn, sorghum, peanuts and peas will be given an opportunity to use the product alongside other products and measure it's efficacy. With institut pour economique Developpment the product will be used on corn, cotton, peanuts, millet, sorghum and rice. Product will be retained and applied on off season crops in January, lettuce, carrots, onions and tomatoes. These crops use large quantities of fertilizer and offer a good opportunity to balance cash flows through the year for the company's planned manufacturing facility. In a repeat of efforts last year demonstrations will be performed in all of the major agricultural climatic regions. New this year, the company will perform demonstrations in the Northern regions of Timbuktu and Gao. However, through partnerships with development organizations like the Aga Khan Development Network, the company can gain direct access to small farmers to develop the market and create access for the products.


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