07:51:16 EDT Sat 27 Apr 2024
Enter Symbol
or Name
USA
CA



Quest Critical Metals Inc
Symbol BULL
Shares Issued 17,584,345
Close 2024-03-20 C$ 0.305
Market Cap C$ 5,363,225
Recent Sedar Documents

Quest relinquishes option to acquire East Bull project

2024-03-20 17:10 ET - News Release

Mr. James Newall reports

QUEST CRITICAL METALS STREAMLINES FOCUS TO ADVANCE TISOVA/KLINGENTHAL COPPER VMS PROJECT

Quest Critical Metals Inc. has decided to optimize its portfolio by relinquishing its option to acquire 100 per cent of the East Bull palladium project. This move underscores the company's commitment to concentrate resources on advancing its Tisova/Klingenthal copper/cobalt VMS and its Minas Gerais lithium projects.

James Newall, president and chief executive officer, commented: "Whilst the 2018 to 2023 exploration campaign at East Bull was very successful the market gave us no value for the increase in resource that we delivered. After careful evaluation and consultation with both internal and external advisors, we concluded that the ongoing costs associated with the East Bull property were not justified in the current palladium market conditions. We are redirecting our focus and resources towards our promising Tisova/Klingenthal prospect, in conjunction with our partners in the EU grant-funded exploration information systems project, as we firmly believe that this will deliver optimal value for our shareholders."

We seek Safe Harbor.

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