GoldQuestion...crises ahead..? - GoldQuest Mining Corp.

	This "world class  promotion" about to hit another major rubicon...
	hole 106 to be released anyday now....better be great mineralization on the latter 250 meters
	 
	beyond that 12 mil shares bought on $1.25 financing become tradeable Dec 22 nd..
	this brings the pool of shares below $1.25 up near 60 million
	GoldQuest Mining Corp. (the "Company") (TSX VENTURE:GQC)(FRANKFURT:M1W)(BERLIN:M1W) today announced the closing of the bought deal private placement previously announced on July 31, 2012. Dundee Securities Ltd. (the "Lead Underwriter"), on behalf of a syndicate of Underwriters including Stifel Nicolaus Canada Inc., Clarus Securities Inc., GMP Securities L.P., and Raymond James Ltd. (the "Underwriters"), sold 12,000,000 common shares (the "Shares") at a price per Share of $1.25 for total gross proceeds of $15,000,000 (the "Offering"). As part of the Offering, the Underwriters exercised their option (the "Option") to purchase an additional 4,000,000 Shares of the Offering.
	In connection with the Offering, the Underwriters received a cash commission equal to 6.0% of the gross proceeds raised under the Offering (inclusive of the Option) and that number of non-transferable broker warrants ("Broker Warrants") as is equal to 6.0% of the number of Offered Securities sold (inclusive of the Option). Each Broker Warrant will be exercisable into one Share of the Company, for a period of 24 months from the Closing Date at a price of $1.25 per Share.
	The securities issued pursuant to the Offering are subject to a hold period expiring on December 22, 2012.
	The net proceeds will be used to advance the exploration and development of the Company's gold assets in the Dominican Republic and for general corporate purposes.
										Date 							Open 							High 							Low 							Close 							Volume 							Chg 							% Chg 							Adj. Close 		
									11/16/12 							0.75 							0.79 							0.72 							0.78 							822,274 							0.04 							5.41% 							0.78 		
									11/15/12 							0.78 							0.79 							0.74 							0.74 							434,215 							-0.06 							-7.50% 							0.74 		
									11/14/12 							0.85 							0.85 							0.78 							0.80 							674,643 							-0.03 							-3.61% 							0.80 		
									11/13/12 							0.93 							0.94 							0.82 							0.83 							818,344 							-0.11 							-11.70% 							0.83 		
									11/12/12 							1.02 							1.02 							0.94 							0.94 							241,293 							-0.06 							-6.00% 							0.94 		
									11/09/12 							1.01 							1.05 							0.97 							1.00 							739,541 							0.00 							0.00% 							1.00 		
									11/08/12 							0.97 							1.06 							0.92 							1.00 							1,242,039 							0.04 							4.17% 							1.00 		
									11/07/12 							0.87 							0.97 							0.84 							0.96 							1,311,261 							0.10 							11.63% 							0.96 		
									11/06/12 							0.81 							0.89 							0.80 							0.86 							1,056,450 							0.05 							6.17% 							0.86 		
									11/05/12 							0.82 							0.82 							0.78 							0.81 							487,141 							0.02 							2.53% 							0.81 		
									11/02/12 							0.78 							0.81 							0.73 							0.79 							873,055 							0.02 							2.60% 							0.79 		
									11/01/12 							0.70 							0.79 							0.70 							0.77 							2,324,267 							0.08 							11.59% 							0.77 		
									10/31/12 							0.72 							0.77 							0.67 							0.69 							4,224,012 							-0.03 							-4.17% 							0.69 		
									10/30/12 							0.75 							0.78 							0.69 							0.72 							3,106,493 							-0.08 							-10.00% 							0.72 		
									10/29/12 							0.86 							0.90 							0.80 							0.80 							523,424 							-0.07 							-8.05% 							0.80 		
									10/26/12 							0.88 							0.89 							0.84 							0.87 							927,691 							0.01 							1.16% 							0.87 		
									10/25/12 							0.92 							0.95 							0.86 							0.86 							750,840 							-0.01 							-1.15% 							0.86 		
									10/24/12 							0.86 							0.92 							0.84 							0.87 							945,883 							0.02 							2.35% 							0.87 		
									10/23/12 							0.79 							0.88 							0.77 							0.85 							869,919 							0.05 							6.25% 							0.85 		
									10/22/12 							0.86 							0.89 							0.77 							0.80 							1,715,759 							-0.06 							-6.98% 							0.80 		
									10/19/12 							0.91 							0.92 							0.84 							0.86 							787,482 							-0.04 							-4.44% 							0.86 		
									10/18/12 							0.92 							0.99 							0.90 							0.90 							529,010 							-0.02 							-2.17% 							0.90 		
									10/17/12 							0.88 							0.92 							0.85 							0.92 							679,968 							0.04 							4.55% 							0.92 		
									10/16/12 							0.97 							0.98 							0.88 							0.88 							981,558 							-0.09 							-9.28% 							0.88 		
									10/15/12 							1.02 							1.03 							0.95 							0.97 							1,425,905 							-0.04 							-3.96% 							0.97 		
									10/12/12 							0.91 							1.05 							0.84 							1.01 							6,229,851 							0.05 							5.21% 							1.01 		
									10/11/12 							1.31 							1.46 							0.96 							0.96 							5,408,260 							-0.35 							-26.72% 							0.96 		
									10/10/12 							1.35 							1.38 							1.30 							1.31 							834,468 							-0.06 							-4.38% 							1.31 		
									10/09/12 							1.40 							1.40 							1.35 							1.37 							146,168 							-0.04 							-2.84% 							1.37 		
									10/05/12 							1.45 							1.45 							1.39 							1.41 							320,703 							0.00 							0.00% 							1.41 		
									10/04/12 							1.42 							1.48 							1.41 							1.41 							967,310 							0.02 							1.44% 							1.41 		
									10/03/12 							1.29 							1.40 							1.29 							1.39 							1,189,745 							0.11 							8.59% 							1.39 		
									10/02/12 							1.31 							1.33 							1.27 							1.28 							839,585 							-0.01 							-0.78% 							1.28 		
									10/01/12 							1.37 							1.40 							1.29 							1.29 							811,246 							-0.05 							-3.73% 							1.29 		
									09/28/12 							1.35 							1.41 							1.34 							1.34 							968,317 							-0.03 							-2.19% 							1.34 		
									09/27/12 							1.36 							1.41 							1.33 							1.37 							2,261,662 							0.04 							3.01% 							1.37 		
									09/26/12 							1.22 							1.35 							1.11 							1.33 							4,376,579 							0.10 							8.13% 							1.33 		
									09/25/12 							1.35 							1.46 							1.21 							1.23 							12,842,719 							-0.60 							-32.79% 							1.23

Date	Open	High	Low	Close	Volume	Chg	% Chg	Adj. Close
11/16/12	0.75	0.79	0.72	0.78	822,274	0.04	5.41%	0.78
11/15/12	0.78	0.79	0.74	0.74	434,215	-0.06	-7.50%	0.74
11/14/12	0.85	0.85	0.78	0.80	674,643	-0.03	-3.61%	0.80
11/13/12	0.93	0.94	0.82	0.83	818,344	-0.11	-11.70%	0.83
11/12/12	1.02	1.02	0.94	0.94	241,293	-0.06	-6.00%	0.94
11/09/12	1.01	1.05	0.97	1.00	739,541	0.00	0.00%	1.00
11/08/12	0.97	1.06	0.92	1.00	1,242,039	0.04	4.17%	1.00
11/07/12	0.87	0.97	0.84	0.96	1,311,261	0.10	11.63%	0.96
11/06/12	0.81	0.89	0.80	0.86	1,056,450	0.05	6.17%	0.86
11/05/12	0.82	0.82	0.78	0.81	487,141	0.02	2.53%	0.81
11/02/12	0.78	0.81	0.73	0.79	873,055	0.02	2.60%	0.79
11/01/12	0.70	0.79	0.70	0.77	2,324,267	0.08	11.59%	0.77
10/31/12	0.72	0.77	0.67	0.69	4,224,012	-0.03	-4.17%	0.69
10/30/12	0.75	0.78	0.69	0.72	3,106,493	-0.08	-10.00%	0.72
10/29/12	0.86	0.90	0.80	0.80	523,424	-0.07	-8.05%	0.80
10/26/12	0.88	0.89	0.84	0.87	927,691	0.01	1.16%	0.87
10/25/12	0.92	0.95	0.86	0.86	750,840	-0.01	-1.15%	0.86
10/24/12	0.86	0.92	0.84	0.87	945,883	0.02	2.35%	0.87
10/23/12	0.79	0.88	0.77	0.85	869,919	0.05	6.25%	0.85
10/22/12	0.86	0.89	0.77	0.80	1,715,759	-0.06	-6.98%	0.80
10/19/12	0.91	0.92	0.84	0.86	787,482	-0.04	-4.44%	0.86
10/18/12	0.92	0.99	0.90	0.90	529,010	-0.02	-2.17%	0.90
10/17/12	0.88	0.92	0.85	0.92	679,968	0.04	4.55%	0.92
10/16/12	0.97	0.98	0.88	0.88	981,558	-0.09	-9.28%	0.88
10/15/12	1.02	1.03	0.95	0.97	1,425,905	-0.04	-3.96%	0.97
10/12/12	0.91	1.05	0.84	1.01	6,229,851	0.05	5.21%	1.01
10/11/12	1.31	1.46	0.96	0.96	5,408,260	-0.35	-26.72%	0.96
10/10/12	1.35	1.38	1.30	1.31	834,468	-0.06	-4.38%	1.31
10/09/12	1.40	1.40	1.35	1.37	146,168	-0.04	-2.84%	1.37
10/05/12	1.45	1.45	1.39	1.41	320,703	0.00	0.00%	1.41
10/04/12	1.42	1.48	1.41	1.41	967,310	0.02	1.44%	1.41
10/03/12	1.29	1.40	1.29	1.39	1,189,745	0.11	8.59%	1.39
10/02/12	1.31	1.33	1.27	1.28	839,585	-0.01	-0.78%	1.28
10/01/12	1.37	1.40	1.29	1.29	811,246	-0.05	-3.73%	1.29
09/28/12	1.35	1.41	1.34	1.34	968,317	-0.03	-2.19%	1.34
09/27/12	1.36	1.41	1.33	1.37	2,261,662	0.04	3.01%	1.37
09/26/12	1.22	1.35	1.11	1.33	4,376,579	0.10	8.13%	1.33
09/25/12	1.35	1.46	1.21	1.23	12,842,719	-0.60	-32.79%	1.23


RE: RE: GoldQuestion...crises ahead..?	blue_eagle0	11/17/2012 11:26:21 AM	1


RE: GoldQuestion...crises ahead..?	blue_eagle0	11/17/2012 11:12:42 AM	1