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QIS Update #2 - 2017 - Fairmont Resources extends Grabasa asset acquisition and final Quattro Exploration update - February 27th 2017



Included in this update:
- Fairmont Resources receives one more extension on the Grabasa assets in Spain with more news expected this week
- Final Quattro Exploration update



New QIS Feature Company Profile

We have recently published the completed Feature Company profile for Blue River Resources Ltd. (BXR:TSX-V).

To view the profile in full, please visit: http://www.smallcaps.ca/feature-companies/blue-river-resources-ltd-bxr-tsx-v 


Spring 2017 Conferences

This Spring's Calgary Small-Cap Conference will take place on April 10 at the Coast Plaza Hotel & Conference Centre. The Vancouver Small-Cap Conference will be held on May 4 at the Vancouver Convention Centre.

The conference website has been updated and is open for registration to attend the Spring 2017 Small-Cap Conferences. Investors can sign up to attend this year's events for free at http://www.smallcapconference.ca/register.


Please feel free to email us anytime at info@smallcaps.ca or call us at (250) 377-1182. We look forward to your comments, questions, and feedback.




Fairmont Resources Inc. (FMR:TSX-V)

Website: www.fairmontresources.ca 
Current Price: $0.145 (coverage commenced February 18/16 - $0.025)

Fairmont Resources Inc. has announced it has received an extension to complete the payment for Granitos de Badajoz (Grabasa) until March 8, 2017 from the Spanish Court in Badajoz.

"We have been working diligently with a European based funding group and they are in the final stages of completing the necessary documentation," states Michael Dehn, President and CEO of Fairmont Resources. "While there can be no guarantee of success until this process is completed, this short extension was required to secure the Grabasa assets while finalizing the required logistics and paperwork for financing."

Upon receipt of clearance documentation Fairmont will provide an update to all stakeholders, expected to be in less than a week, on the status of funding for Grabasa.

QIS Capital: We are getting lots of investor interest in Fairmont right now as the company closes in on its financing to complete the Grabasa acquisition. We are hoping to see confirmation in a press release this week. This has been a long time coming as Fairmont originally announced the acquisition last March, which resulted in a spike in share value to over $0.20. Stay tuned for more to come on this company shortly...





Quattro Exploration and Production Ltd. (QXP:TSX-V)

Website: www.qxp-petro.com
Current Price: $0.06 - Halted - (coverage commenced Sep. 3/15 - $0.08)

QIS Capital: We are officially discontinuing coverage of Quattro Exploration due to the trading halt and liquidity proceedings. While we have stayed in close contact with Quattro management since August when this process was started, we have been unable to contact them now for almost 2 months. There is always a slight chance that bankruptcy proceedings will result in some return to shareholders but it's very rare. If anything significant transpires we will certainly update our subscriber base but unfortunately this one has turned into a major disappointment.




Disclaimer: This article is for informational purposes only. The information contained within this article should not be construed as offering investment advice. Those seeking direct investment advice should consult a qualified, registered, investment professional. BOEs may be misleading, particularly if used in isolation. A BOE conversion ratio of 6 Mcf: 1bbl is based on an energy equivalency conversion method primarily applicable at the burner tip and does not represent a value equivalency at the wellhead. The company profiled assumes no liability for the information presented. This is not a direct or implied solicitation to buy or sell securities. Readers are advised to conduct their own due diligence prior to considering buying or selling any stock. The author(s) owns directly or indirectly 1,157,500 shares and 1,137,500 warrants of Fairmont Resources Inc., and 134,000 shares of Quattro Exploration and Production Ltd. QIS Capital may have a financial relationship with these companies and may trade in the stocks mentioned. No stock exchange has approved or disapproved of the information contained herein. Copyright © 2003 - 2017 QIS Capital Corporation.

Canadian Small Caps

 
Canadian Small Caps

CLICK HERE to view the presentations from the Spring 2016 Small-Cap Conferences.

We are pleased to publish the PowerPoint presentations from The Small-Cap Conferences that were held in Calgary on March 30, 2016 and in Vancouver on May 3, 2016.

We encourage investors to review the presentations and contact the companies with any further questions.

www.smallcapconference.ca/presentations.php
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