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Conquest Closes Acquisition of DGC Property from Teck Resources Limited and Provides Exploration Update


Conquest Resources Limited is pleased to announce the closing of the acquisition of the DGC Property from Teck Resources Limited.
Conquest” or the “
Company“) is pleased to announce the closing of the acquisition of the DGC Property from Teck Resources Limited. (“
Teck“) (see Press Release dated 2021-03-16). The Company has issued 1.8 million shares to Teck and the subject leases have been transferred to Conquest. The DGC Property is subject to a 2% NSR in favour of Teck.
The acquisition consolidates Conquests extensive land package of over 260 square kilometers where the focus for the Company is to explore and develop copper and precious metal deposits. ....

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Conquest Resources Limited: Conquest Closes Acquisition of DGC Property from Teck Resources Limited and Provides Exploration Update


Conquest Resources Limited: Conquest Closes Acquisition of DGC Property from Teck Resources Limited and Provides Exploration Update
Conquest Resources Limited (TSXV: CQR) (
Conquest or the
Company ) is pleased to announce the closing of the acquisition of the DGC Property from Teck Resources Limited. (
Teck ) (see Press Release dated 2021-03-16). The Company has issued 1.8 million shares to Teck and the subject leases have been transferred to Conquest. The DGC Property is subject to a 2% NSR in favour of Teck.
The acquisition consolidates Conquests extensive land package of over 260 square kilometers where the focus for the Company is to explore and develop copper and precious metal deposits. ....

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Conquest Resources Limited: Conquest to Acquire DGC Property in Afton Township


Conquest Resources Limited: Conquest to Acquire DGC Property in Afton Township
Grants Incentive Stock Options
Toronto, Ontario (Newsfile Corp. - March 16, 2021) -
Conquest Resources Limited (TSXV: CQR) ( Conquest or the Company ) announced today that it has entered into a Purchase and Sale Agreement with Teck Resources Limited (
Teck ) whereby Conquest will acquire a 100% interest in the DGC Ni-Cu-PGE property located in Afton Township, Ontario.
Conquest has agreed to issue 1,800,000 million shares to Teck in consideration for a 100% interest in the DGC property subject to a 2% NSR which to be retained by Teck. In addition, Teck has agreed to surrender to Conquest for cancellation 1,100,000 warrants of Canadian Continental Exploration Corp. ( CCEC ) issued to Teck pursuant to the DGC Option/JV Agreement dated October 7, 2013 between Teck and CCEC. CCEC was acquired by Conquest in 2020. The Agreement is subject to TSXV acceptance. ....

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