Aquest arranges financing

Junior Aquest Minerals (AQU-V) is seeking to raise $1.2 million through a non-brokered private placement of 2 million units priced at 60 cents per unit.

A unit consists of one share plus a half-share purchase A-warrant and a half-share purchase B-warrant. Proceeds will be used to fund Aquest’s due diligence drilling program on the Anabella bulk-tonnage gold prospect in Guatemala, which the company can acquire subject to a 9-month review period.