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Lithoquest Resources Inc.: Lithoquest Resources Announces Terms for Non-Brokered Private Placement Not for distribution to the United States news wire services or for dissemination in the United States VANCOUVER, BC / ACCESSWIRE / February 18, 2021 / Lithoquest Resources Inc. (TSXV:LDI) ( Lithoquest , or the Company ) announces that it will conduct a non-brokered private placement (the Offering ), subject to the approval of the TSX Venture Exchange (the Exchange ), for aggregate gross proceeds of up to $200,000. The Offering will consist of units (the Units ) at a price of $0.08 per Unit. Each Unit will consist of one common share of the Company and one full warrant (a Warrant ) entitling the holder thereof to acquire an additional common share (the Warrant Share ) of the Company at an exercise price of $0.12 per Warrant Share for a period of 24 months from the date of issuance.

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