Lithoquest Resources Inc.: Lithoquest Resources Announces Terms for Non-Brokered Private Placement Not for distribution to the United States news wire services or for dissemination in the United States VANCOUVER, BC / ACCESSWIRE / February 18, 2021 / Lithoquest Resources Inc. (TSXV:LDI) ("Lithoquest", or the "Company") announces that it will conduct a non-brokered private placement (the "Offering"), subject to the approval of the TSX Venture Exchange (the "Exchange"), for aggregate gross proceeds of up to $200,000. The Offering will consist of units (the "Units") at a price of $0.08 per Unit. Each Unit will consist of one common share of the Company and one full warrant (a "Warrant") entitling the holder thereof to acquire an additional common share (the "Warrant Share") of the Company at an exercise price of $0.12 per Warrant Share for a period of 24 months from the date of issuance.