Conquest Extends Private Placement
55 University Avenue, Suite 1805
Toronto, Ontario, Canada, M5J 2H7
www.conquestresources.com
+1 647 728 4126
NEWS RELEASE FOR IMMEDIATE DISSEMINATION
CONQUEST EXTENDS PRIVATE PLACEMENT
Toronto, Ontario – January 11 , 201 8 | Conquest Resources Limited (TS X-V: “CQR”) (“Conquest” or “the
Company”) announces that it has extended the deadline for closing its non-brokered private placement to
February 9, 2018.
Conquest is offering up to 3,500,000 units by way of private placement for gross proceeds of up to $525,000
under the terms of the financing (see News Release dated December 7, 2017). Each unit consists of two flow-
through shares, one common share and one -half of a common share purchase warrant. Each whole warrant
entitles the holder to purchase one additional common share of Conquest for $0.075 for a term of one year.
The units are priced at $0.15 per unit of which $0.10 is attributable to the two flow -through shares (at $0.05
each) and $0.05 is attributable to each common share.
On December 21, 2017, Conquest announced that 1,602,000 units had been subscribed for gross proceeds of
$240,000.
Of the tot al $525,000 private placement, a t least $350,000 will be used for exploration at Golden Rose,
representing the flow-through portion of the private placement, while the remaining proceeds will be used for
the general expenses of the Company.
COMPANY OVERVIEW
Conquest Resources Limited was first incorporated in 1945 and is a mineral exploration company that is
engaged in the exploration of mineral properties in Ontario. The Company’s principal exploration target is gold.
On December 7, 2017, Conquest acquired a 100% interest in the Golden Rose Property comprising patented
and staked mining claims located 65 kilometres northeast of Sudbury, Ontario. The patented and staked mining
claims measure 770 hectares in size which encompass the former Golden Rose gold m ine and highly
prospective North and South banded iron formations at Emerald Lake. Conquest is planning to commence a
property-wide surface exploration program following the completion of the private placement financing.
Conquest holds an undivided 100% i nterest in the Alexander Gold Property located in the Red Lake mining
camp in Ontario. The Alexander Property is located immediately east of Goldcorp’s Red Lake and Campbell
mines in the heart of the Red Lake Gold Camp on the important “Mine Trend” region al structure. Conquest’s
property is almost entirely surrounded by Goldcorp’s land holdings.
In addition, Conquest owns a 100% interest in the Smith Lake Gold Property which consists of six (6) patented
mining claims and sixteen (16) staked mining claims in Leeson, Stover, Brackin, and Rennie Townships in
northern Ontario, lying to the north, west and south of the former Renabie gold mine.
FOR FURTHER INFORMATION, PLEASE CONTACT:
Benjamin Batson, P. Geo., P. Eng.
President and CEO
647-728-4134
Robert Kinloch
Executive Vice President
306-343-5799
John F. Kearney
Chairman
416-362-6686
This news release may include certain "forward -looking statements". All statements other than statements of historical fact, included in this release,
including, without limitation, statements regarding potential mineralization, resources and reserves, exploration results, and future plans and objectives
of Conquest, are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to
be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause
actual results to differ materially from Conquest’s expectations are exploration risks detailed herein and from time to time in the filings made by Conquest
with securities regulators. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or the accuracy of this release.