Dejour, Quill merger

Dejour’s main asset is a 50% interest in the Turquetil gold project in the Northwest Territories. The company also has cash of $650,000. Quill has a 33.33% interest in a gold project near the Eastmain River, Que. Quill’s partners include Mingold Resources, a private company owned by Inspiration Resources, and Battle Mountain (TSE). The partners have spent a total of $700,000 on exploration. Quill also has cash of $600,000. The new company, which will be headed by Jack Gunter, will focus on acquiring producing oil and gas assets. Gunter previously had a long association with RTZ Corp., the world’s largest mining company.

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