Quartz Mountain Announces Grant of Stock Options
10/31/2022
Quartz Mountain Resources Ltd. announces that the Company''s Board of Directors has approved the grant of stock options exercisable for a total of 3,204,300 common shares to two directors.
Quartz Mountain Resources Ltd. announces that the Company''s Board of Directors has approved the grant of stock options exercisable for a total of 3,204,300 common shares to two directors.
Quartz Mountain Resources Ltd. announces that further to its news release of October 24, 2022 and subject to TSX Venture Exchange final approval, the Company has completed a private placement for proceeds of $550,000.
Quartz Mountain Resources Ltd. announces that Mr. Albert (Al) Basile, of Vancouver, British Columbia, has been appointed to the Board of Directors of the Company.
Quartz Mountain Resources Ltd. wishes to clarify that two recently commissioned technical reports as announced in our news releases of June 14, 2022 and September 8, 2022 on the Maestro and Jake projects were not prepared as a consequence of any triggering event contemplated by National Instrument 43-101 (Disclosure Standards for Mineral Projects). While the two reports were intended to comply with the substantive content requirements of the instrument, there was no triggering event and accordingly they are not NI 43-101 reports. They should not have been referred to as such and will not be filed on SEDAR.com but rather be kept available only on the Company''s website.
Quartz Mountain has received a National Instrument 43-101 Technical Report on its Jake Porphyry Copper-Gold Property located in central British Columbia. The Technical Report , authored by C.J. Greig & Associates Ltd. outlines the exploration history and exploration merit of the property.
Matthew Dickinson, a director of Quartz Mountain Resources Ltd. Inc. ("Quartz Mountain") TSXV: QZM, announces that he has acquired control and direction over 1,000,000 Common Shares of Quartz Mountain (the "Acquired Shares") on August 16, 2022 through partial exercise of a previously granted incentive stock option, at $0.20 per share. Matthew Dickinson, and his father Robert A. Dickinson, with whom he acts in concert, is required to file an early warning report under applicable securities laws as their combined ownership of Quartz Mountain voting securities has increased.
Quartz Mountain has received from C.J. Greig & Associates Ltd. a National Instrument 43-101 Technical Report on its Maestro Gold-Silver-Molybdenum-Copper Property located in central British Columbia. The Technical Report outlines key exploration targets including the Prodigy Zone, a priority exploration target for bulk tonnage gold and silver mineralization.
Quartz Mountain has appointed Robert Dickinson as Chairman and CEO. Robert Dickinson is an economic geologist, Canadian Mining Hall of Fame Inductee, and co-founder and Chairman of the Hunter Dickinson group. He has played a central role in the discovery, advancement and funding of many important porphyry deposits. He is currently active with Quartz Mountain, Amarc Resources (IKE, JOY, DUKE), Northern Dynasty Minerals (Pebble), Taseko Mines (Gibraltar, Florence), and Northcliff Resources (Sisson).
Quartz Mountain Resources Ltd. is pleased to announce that further to its December 8, 2021 news release, the Company has received approval from the TSX Venture Exchange for its acquisition of the Jake Property.
Quartz Mountain Resources Ltd. (TSXV:QZM)(OTC PINK:QZMRF), announces that the Company''s Board of Directors has approved the grant of stock options.
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