THIS NEWS RELEASE, REQUIRED BY APPLICABLE CANADIAN LAWS, IS NOT FOR DISTRIBUTION
TO U.S. NEWS SERVICES OR FOR DISSEMINATION IN THE UNITED STATES, AND DOES NOT
CONSTITUTE AN OFFER OF THE SECURITIES DESCRIBED HEREIN. THESE SECURITIES HAVE
NOT BEEN REGISTERED UNDER THE UNITED STATES SECURITIES ACT OF 1933, AS AMENDED,
OR ANY STATE SECURITIES LAWS, AND MAY NOT BE OFFERED OR SOLD IN THE UNITED
STATES OR TO U.S. PERSONS UNLESS REGISTERED OR EXEMPT THEREFROM.


Further to its news release of December 18, 2013, Great Quest Metals Ltd (the
"Company") (TSX VENTURE:GQ)(FRANKFURT:GQM) is pleased to announce that it has
completed, subject to the approval of the TSX Venture Exchange, a non-brokered
private placement of 776,666 units at a price of $0.60 per unit for gross
proceeds of C$466,000.


Each unit consists of one common share of the Company and one full common share
purchase warrant. Each common share purchase warrant is exercisable for one
common share at a price of $0.80 per share for a period of three years from the
date of issue, subject to the Company's right to accelerate the expiry of the
warrants if the daily volume weighted average trading price of the common shares
of the Company on the TSX Venture Exchange is equal to, or exceeds $1.20 for a
period of 20 consecutive trading days during the term of the warrant.


All of the shares, warrants and any shares issued upon exercise of the warrants
comprising the units are subject to a hold period and may not be traded in
British Columbia until four months and one day from the closing date of the
Private Placement, except as permitted by the applicable Securities Acts and the
Rules made thereunder and the TSX Venture Exchange.


A cash finder's fee of $2,100 is payable in connection with this private placement.

The net proceeds from the private placement will be used for operations and
development of the Company's projects, and for general working capital purposes.


Certain directors and officers of the Company have acquired Units under the
private placement. Such participation is considered to be a "related party
transaction", as defined under Multilateral Instrument 61-101 ("MI 61-101"). The
transaction will be exempt from the formal valuation and minority shareholder
approval requirements of MI 61-101, as neither the fair market value of any
units issued to nor the consideration paid by such persons will exceed 25% of
the Company's market capitalization.


About Great Quest

Great Quest Metals Ltd. is a Canadian mineral exploration company focused on the
development of African agricultural mineral projects for local production of
farm ready fertilizers. The Company's flagship asset is the Tilemsi Phosphate
Project, encompassing 1,206 km2 in northeastern Mali, containing high quality
phosphate resources amenable to use as direct application fertilizer. Great
Quest is listed on the TSX Venture Exchange under the symbol GQ, and the
Frankfurt Stock Exchange under the symbol GQM.


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

Jed Richardson - President, CEO & Director

Neither the TSX Venture Exchange nor its Regulation Services Provider accepts
responsibility for the adequacy or accuracy of this release. 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. We seek safe harbor.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Great Quest Metals Ltd.
Investor Relations
+1 416 566 8134
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