Welcome to our dedicated page for Goldquest Mining news (Ticker: GDQMF), a resource for investors and traders seeking the latest updates and insights on Goldquest Mining stock.
GoldQuest Mining Corp. reports exploration, permitting and corporate updates tied to its mineral projects in the Dominican Republic. News centers on the 100%-owned Romero Gold-Copper Project, including drilling, metallurgical testwork, geotechnical and hydrogeological programs, and the Environmental and Social Impact Assessment process under Dominican regulation. Company updates also cover stakeholder engagement, government and community dialogue, and exploration results from the Cachimbo target, including polymetallic mineralization.
Recurring corporate news includes private placements of units, common shares and warrants, board composition changes, and TSX Venture Exchange and OTCQX trading-related recognition or status updates.
GoldQuest (OTCQX: GDQMF) closed the third and final tranche of a non-brokered private placement on January 13, 2026. Under the Third Tranche the company issued 2,744,542 Units at C$1.21 per Unit for gross proceeds of approximately C$3.3 million. Each Unit includes one common share and one-half of one warrant; each whole warrant is exercisable at C$1.80 for 24 months. Combined with prior tranches, the Private Placement raised about C$42 million from 34,710,743 Units. The company paid cash finder's fees totalling C$166,044.79 and said proceeds will fund Romero early development, expanded greenfield drilling, and general corporate purposes. All securities are subject to a four-month statutory hold.
GoldQuest (OTCQX: GDQMF; TSXV: GQC) closed the second tranche of a previously announced non-brokered private placement on January 9, 2026, issuing 7,172,813 Units at C$1.21 each for gross proceeds of approximately C$8.7 million. Each Unit comprises one common share and one-half warrant; warrants exercise at C$1.80 for 24 months. Combined with the first tranche, the placement has issued 31,966,201 Units for total gross proceeds of approximately C$40 million. The company paid a cash finder’s fee of C$305,579.45. Proceeds are expected to fund early Romero development, expanded greenfield drilling, and general corporate purposes. A final tranche of up to C$3,320,896 is expected to close early next week. All securities are subject to a four-month statutory hold.
GoldQuest (OTCQX: GDQMF) closed the first tranche of a non-brokered private placement on December 23, 2025, issuing 24,793,388 Units at C$1.21 per Unit for gross proceeds of C$29,999,999.48.
Each Unit includes one common share and one-half warrant; each whole warrant is exercisable at C$1.80 for 24 months. The offering was increased to a maximum of 34,710,743 Units (~C$42M). A cash finder’s fee of ~C$1,499,999.97 was paid to Milenio Partners. The Private Placement is subject to final TSX Venture Exchange acceptance and a four-month statutory hold.
Proceeds are planned for early Romero project development, expanded greenfield drilling, and general corporate purposes; insiders are expected to acquire 150,000 Units (C$181,500) in the second tranche under MI 61-101 exemptions.
GoldQuest Mining (OTCQX: GDQMF; TSXV: GQC) announced an upsizing of its non-brokered private placement to up to 34,710,743 Units at $1.21 per Unit, targeting aggregate gross proceeds of approximately $42 million. Each Unit includes one common share and one-half warrant; each whole warrant is exercisable at $1.80 for 24 months. The offering is expected to close in tranches on or before January 9, 2026, subject to documentation and TSXV and other regulatory approvals. Proceeds are intended for early development at Romero, expanded greenfield exploration drilling, and general corporate purposes. Insiders are expected to subscribe and the company will rely on MI 61-101 exemptions.
GoldQuest (OTCQX: GDQMF) announced a non‑brokered private placement to issue up to 24,793,399 units at $1.21 per unit for aggregate gross proceeds of up to ~C$30 million. Each Unit comprises one common share and one‑half of a warrant; each whole warrant is exercisable at $1.80 for 24 months. The financing has no minimum amount and is expected to close on or before December 19, 2025, subject to documentation and TSX Venture Exchange approval.
Proceeds are planned for early development at the Romero project, expanded greenfield exploration drilling, and general corporate purposes. Securities issued will be subject to a four‑month statutory hold period under Canadian securities laws.
GoldQuest (OTCQX: GDQMF) reported progress on its 2025 drilling and metallurgical program at the 100%‑owned Romero gold‑copper project in the Dominican Republic.
Key facts: 1,906 m of metallurgical drilling completed across five holes, with ~1,600 m of representative core selected for locked‑cycle and variability testing at ALS Kamloops; first metallurgical results expected in March 2026 and a final report by late April/early May 2026. Geotechnical (five holes ≈1,600 m) and hydrogeological (12 holes; 2 completed, 2 in progress) drilling support Feasibility Study and are on schedule for completion by February 2026.
The company is mobilizing additional rigs to begin resource delineation at the Cachimbo discovery in December 2025 and will integrate new structural, geophysical and geological datasets into machine‑learning targeting for 2026 exploration.
GoldQuest (OTCQX: GDQMF; TSXV: GQC) commenced trading on the OTCQX Best Market effective November 26, 2025, under the symbol GDQMF. The company will retain its TSX Venture listing under GQC. GoldQuest said the OTCQX listing aims to provide greater visibility and access to U.S. investors and support efforts to attract institutional and retail capital as it advances the Romero project to a feasibility study.
The OTCQX upgrade uses home-market reporting to streamline U.S. disclosure, and U.S. investors can access current financial disclosure and Real-Time Level 2 quotes at otcmarkets.com.
GoldQuest (GDQMF) announced on October 16, 2025 that it retained DS Market Solutions Inc. to provide equity trading advisory and liquidity provider (market-making) services on the TSXV.
Key terms: DS Market will trade GoldQuest securities to help maintain an orderly market; the company will pay DS Market a monthly fee of C$6,000 from available cash for a minimum one-month term, renewable for successive one-month terms; either party may terminate with 30 days' written notice before the term end. DS Market is unrelated to GoldQuest, will not receive shares or options as compensation, has no disclosed interest in the company, and will supply the capital used for market making.
GoldQuest (OTC:GDQMF) has started its 2025 drilling program at the Romero gold-copper project in the Dominican Republic, the first drilling at Romero since 2018. Current activity includes hole LTP-171 at 220 metres targeting metallurgical testwork, a second rig mobilized for additional metallurgical holes, and plans to deploy a third rig to Cachimbo for a 5,000-metre greenfield exploration program in early November. Recent technical work completed or underway includes 3D structural modelling, geophysics reprocessing, and relogging/mapping.
Key status metrics: Romero structural analysis 100%, Romero geophysics 75%, Cachimbo geological model 100%, greenfields mapping/trenching 50% with 62 trenches completed and assays confirming surface gold mineralization.