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GQ Great Quest Fertilizer Ltd

0.05
0.00 (0.00%)
23 Jul 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Great Quest Fertilizer Ltd TSXV:GQ TSX Venture Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.05 0.045 0.05 0 01:00:00

Great Quest Metals Appoints Mohammed Bouhsane Chief Operating Officer

31/10/2011 1:30pm

Marketwired Canada


Victor J.E. Jones, President and CFO of Great Quest Metals Ltd. ("Great Quest"
or the "Company") (TSX VENTURE:GQ)(FRANKFURT:GQM) is pleased to announce the
appointment of Mr. Mohammed Bouhsane as Chief Operating Officer effective
November 1, 2011, with principal responsibilities for the Bamako, Mali office
and exploration activities. 


Mr. Bouhsane brings to Great Quest 19 years' experience in project management
and engineering in the Moroccan mining, hydrometallurgical, and metallurgy
industries and a strong understanding of the phosphate industry. His expertise
spans the mining, beneficiation and commercial production phases of a variety of
ores and he has successfully brought all of the projects under his direction to
production. 


Mr. Bouhsane began his career in 1992 with the Office Cherifien de Phosphates
(OCP), the world's leading exporter of phosphate and phosphoric acid. The OCP is
a State owned corporation which holds the monopoly for the mining, processing
and marketing of Moroccan phosphate. There, Mohammed was responsible for
managing a production line for Di-Ammonium Phosphate. He then ascended the ranks
of project management at Managem, part of the industrial ONA Group, from 1993 to
2006, in such roles as Project Director, Project Manager, Engineering Project
Manager, Process Department Manager, and Process Engineer and Production
Engineer, working on all aspects of the production of various metals and mineral
projects. More recently, he was Project Manager at Nareva Holding, where he was
responsible for the management of Amensous a subsidiary in charge of the El
Guerdane irrigation project (EUR80M investment), including its co-financing,
design, construction, and commissioning, from 2006 to 2011. Mr. Bouhsane is a
member of the OIC (Quebec Order of Engineers), and the Conseil National des
Ingenieurs et Scientifiques de France (CNISF). He holds a Bachelor's degree in
chemical engineering, and a DEA degree in process engineering from ENSIACET in
France. He also completed a DUT degree in chemical engineering technology at EST
Superior School of Technology, Fes, Morocco.


Commenting, Victor Jones, President of Great Quest Metals said, "We are very
pleased to welcome Mr. Bouhsane to Great Quest as Chief Operating Officer. Mr.
Bouhsane's expertise in the phosphate industry will prove to be an important
addition to the management of Great Quest as we continue to develop the Tilemsi
Phosphate project in Eastern Mali. His knowledge of operations, particularly in
regards to successful practices in the Moroccan mining and processing industries
will greatly benefit the Company." 


Newly appointed COO, Mohammed Bouhsane, commented, "It is with pleasure that I
accept the appointment with Great Quest Metals Ltd. The Tilemsi Phosphate
Project shows great potential for the successful production of phosphate for
both domestic and international use."


The Board of Directors has approved the grant of share purchase options to Mr.
Bouhsane and one other individual totaling 400,000 options, at an exercise price
of $2.20 per share, for a term of five years. The options vest over 2 years, in
accordance with the Company's Stock Option Plan, and are subject to TSX Venture
approval.


The Board also wishes to thank Mamadou Keita, who is retiring from the Company
and its subsidiaries, for his contribution to the exploration activities in
Mali. 


ON BEHALF OF THE BOARD OF DIRECTORS OF GREAT QUEST METALS LTD.

Victor J.E. Jones, President

Great Quest Metals Ltd. is a Canadian mineral exploration company with assets in
Mali, West Africa. The Company is focused on developing the Tilemsi Phosphate
Project, encompassing 737 km(2)in eastern Mali. The Company also holds several
gold concessions in the productive Birimian gold belt in western Mali. Great
Quest is listed on TSX Venture Exchange (GQ), and the Frankfurt Stock Exchange
(GQM).


12g3-2(b) Exemption #82-3116

Standard & Poor's Listed

The statements that are not historical facts and are forward-looking statements
involving known and unknown risks and uncertainties could cause actual results
to vary materially from the targeted results.


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