Questerre reports on AGM voting results
CALGARY, Alberta, June 18, 2025 (GLOBE NEWSWIRE) -- Questerre Energy Corporation ('Questerre' or the 'Company') (TSX,OSE:QEC) announced today that, at its annual meeting of shareholders held on June 18, 2025 (the 'Meeting'), all matters presented for approval at the Meeting were approved.
At the Meeting, a vote was held by ballot which approved an ordinary resolution to fix the number of directors to be elected at the Meeting at six. In addition, each of the five nominees proposed in the Company's Management Information Circular dated May 8, 2025 (the 'Circular') were elected as directors to hold office until the next annual meeting of shareholders or until their successors are duly elected or appointed, unless their office is earlier vacated in accordance with the by-laws of the Company. The detailed results of the vote conducted by ballot are set out below:
Nominees
Votes For
Votes Withheld
Michael Binnion
52,542,484
(99.95%)
28,375
(0.05%)
Mireille Fontaine
52,534,719
(99.93%)
36,140
(0.07%)
Hans Jacob Holden
52,526,484
(99.92%)
44,375
(0.08%)
Dennis Sykora
52,537,484
(99.94%)
33,375
(0.06%)
Jauvonne Kitto
52,541,719
(99.94%)
29,140
(0.06%)
Bjorn Inge Tonnessen
52,537,484
(99.94%)
33,375
(0.06%)
By vote held by ballot, the ordinary resolution to approve the appointment of Ernst & Young LLP, Chartered Professional Accountants, as the auditors of the Company to hold office until the next annual meeting of shareholders or until their successors are appointed and authorizing the directors of the Company to fix their remuneration, was approved.
By vote held by ballot, the ordinary resolution to adopt and approve the shareholder rights plan of the Corporation as set forth in the Circular, was approved.
Questerre is an energy technology and innovation company. It is leveraging its expertise gained through early exposure to low permeability reservoirs to acquire significant high-quality resources. We believe we can successfully transition our energy portfolio. With new clean technologies and innovation to responsibly produce and use energy, we can sustain both human progress and our natural environment.
Questerre is a believer that the future success of the oil and gas industry depends on a balance of economics, environment, and society. We are committed to being transparent and are respectful that the public must be part of making the important choices for our energy future.
CONTACT: For further information, please contact: Questerre Energy Corporation Jason D'Silva, Chief Financial Officer (403) 777-1185 | (403) 777-1578 (FAX) |Email: info@questerre.comSign in to access your portfolio
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
7 minutes ago
- Yahoo
Red Pine Announces $7 Million Brokered Offering
Toronto, Ontario--(Newsfile Corp. - June 19, 2025) - Red Pine Exploration Inc. (TSXV: RPX) (OTCQB: RDEXF) ("Red Pine" or the "Company") is pleased to announce that it has entered into an agreement with Research Capital Corporation as the sole bookrunner and co-lead agent, and together with Haywood Securities Inc., as co-lead agents (the "Agents") in connection with a brokered, best-efforts Listed Issuer Financing Exemption private placement offering (the "Offering") of securities of the Company (the "Offered Securities") for aggregate gross proceeds to the Company of up to $7,000,000 in a combination of: a) a minimum of $1,500,000 and up to $5,500,000 in gross proceeds of non-flow-through units of the Company (the "NFT Units") at a price of $0.10 ("NFT Unit Issue Price") per NFT Unit. Each NFT Unit will consist of one common share of the Company (a "Common Share") and one-half of one Common Share purchase warrant (each whole warrant, a "Warrant"); and b) up to a maximum of $2,500,000 in gross proceeds of flow-through units of the Company (the "FT Units") at a price of $0.12 per FT Unit. Each FT Unit will consist of one Common Share that will qualify as "flow-through share" within the meaning of subsection 66(15) of the Income Tax Act (Canada) (the "Tax Act") and one-half of one Warrant. Each Warrant shall entitle the holder thereof to purchase one Common Share at an exercise price of $0.15 for a period of 36 months following the closing of the Offering. The Company will grant the Agents an option (the "Agents' Option") to increase the size by up to an additional 15% of the number of NFT Units sold in the Offering, by giving written notice of the exercise of the Agents' Option, or a part thereof, to the Company at any time up to two (2) business days prior to closing of the Offering. The gross proceeds from the sale of NFT Units will be used for working capital, general corporate purposes, and the evaluation of the potential for future open pit production at the Wawa Gold Project, including technical studies and permitting which are not considered Qualifying Expenditures (as defined below). The gross proceeds from the sale of FT Units will be used for exploration expenses on the Company's Wawa Gold Project in Ontario. The gross proceeds from the issue and sale of the FT Units will be used for Canadian exploration expenses as defined in paragraph (f) of the definition of "Canadian exploration expense" in subsection 66.1(6) of the Tax Act and "flow through mining expenditures" as defined in subsection 127(9) of the Tax Act that will qualify as "flow-through mining expenditures" and "eligible Ontario exploration expenditure" as defined in subsection 103(4) of the Taxation Act, 2007 (Ontario) (the "Qualifying Expenditures"), which will be incurred on or before December 31, 2026 and renounced with an effective date no later than December 31, 2025 to the initial purchasers of FT Units. If the Qualifying Expenditures are reduced by the Canada Revenue Agency, the Company will indemnify each FT Units subscriber for any additional taxes payable by such subscriber as a result of the Company's failure to fully renounce the Qualifying Expenditures as agreed. The Offered Securities will be offered for sale pursuant to the Listed Issuer Financing Exemption under Part 5A of National Instrument 45-106 - Prospectus Exemptions in all provinces of Canada, except Quebec. The NFT Units will also be offered in other qualifying jurisdictions outside of Canada, including the United States. The Units offered under the Listed Issuer Financing Exemption will not be subject to a hold period under applicable Canadian securities laws. There is an offering document (the "Offering Document") related to this Offering that can be accessed under the Company's profile at and at the Company's website at Prospective investors should read this Offering Document before making an investment decision. The Offering is anticipated to close on or about June 25, 2025 ("Closing"), or such later date as the Company and the Agents may determine. The Closing is subject to certain conditions including, but not limited to, the receipt of all necessary regulatory and other approvals, including the approval of the TSX Venture Exchange. The Agents will receive a cash commission of 6% of the aggregate gross proceeds of the Offering and such number of broker warrants (the "Broker Warrants") as is equal to 6% of the number of Offered Securities sold under the Offering (in each case, subject to reduction for certain subscribers on a president's list of purchasers identified by the Company). Each Broker Warrant entitles the holder to purchase one Common Share at an exercise price equal to $0.10 for a period of 36 months following the Closing. This press release is not an offer to sell or the solicitation of an offer to buy the securities in the United States or in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to qualification or registration under the securities laws of such jurisdiction. The securities being offered have not been, nor will they be, registered under the United States Securities Act of 1933, as amended, and such securities may not be offered or sold within the United States or to, or for the account or benefit of, U.S. persons absent registration or an applicable exemption from U.S. registration requirements and applicable U.S. state securities laws. About Red Pine Exploration Inc. Red Pine Exploration Inc. is a gold exploration company headquartered in Toronto, Ontario, Canada. The Company's shares trade on the TSX Venture Exchange under the symbol "RPX" and on the OTCQB Markets under the symbol "RDEXF". The Wawa Gold Project is in the Michipicoten Greenstone Belt of Ontario, a region that has seen major investment by several producers in the last five years. The Company's land package hosts numerous historic gold mines and is over 7,000 hectares in size. Red Pine is building a strong position as a major mineral exploration and development player in the Michipicoten region. For more information about the Company, visit Or contact: Michael Michaud, President and Chief Executive Officer, at (416) 364-7024 or mmichaud@ Or Manish Grigo, Director of Corporate Development, at (416) 569-3292 or mgrigo@ Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. Forward-Looking Statements and Information This news release contains statements that constitute "forward-looking statements." Such forward looking statements involve known and unknown risks, uncertainties and other factors that may cause the Company's actual results, performance or achievements, or developments to differ materially from the anticipated results, performance or achievements expressed or implied by such forward-looking statements. Forward looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects," "plans," "anticipates," "believes," "intends," "estimates," "projects," "potential" and similar expressions, or that events or conditions "will," "would," "may," "could" or "should" occur. These forward‐looking statements or information relate to, among other things: receipt of all approvals related to the Offering; and the intended use of proceeds from the Offering. By their nature, forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause our actual results, performance or achievements, or other future events, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors and risks include, among others: the conditions to closing of the Offering may not be satisfied, management's broad discretion regarding the use of proceeds of the Offering, the Company may require additional financing from time to time in order to continue its operations which may not be available when needed or on acceptable terms and conditions acceptable; compliance with extensive government regulation; domestic and foreign laws and regulations could adversely affect the Company's business and results of operations; and the stock markets have experienced volatility that often has been unrelated to the performance of companies and these fluctuations may adversely affect the price of the Company's securities, regardless of its operating performance. The forward-looking information contained in this news release represents the expectations of the Company as of the date of this news release and, accordingly, is subject to change after such date. Readers should not place undue importance on forward-looking information and should not rely upon this information as of any other date. The Company undertakes no obligation to update these forward-looking statements in the event that management's beliefs, estimates or opinions, or other factors, should change. THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES To view the source version of this press release, please visit Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Wire
26 minutes ago
- Business Wire
Kobo Resources Intersects 21.5 m at 1.14 g/t Au and 20.0 m at 1.41 g/t Au at the Jagger Zone and Files FY 2025 Financial Results
QUEBEC CITY--(BUSINESS WIRE)--Kobo Resources Inc. (" Kobo' or the " Company") (TSX.V: KRI) is pleased to announce additional diamond drill results from the ongoing exploration program at its 100%-owned Kossou Gold Project (' Kossou ') in Côte d'Ivoire. Results from the Jagger Zone continue to confirm broad zones of mineralisation and extend the footprint of gold-bearing structures along strike and at depth. Diamond Drill Results – Highlights: Jagger Zone: Edward Gosselin, CEO and Director of Kobo commented: 'These latest results reinforce the scale and continuity of gold mineralisation at the Jagger Zone. We are encouraged by the width and tenor of the intercepts, which continue to validate our structural model and further support our systematic exploration approach at Kossou. With drilling still underway across our other high-priority targets, we are well-positioned to advance Kossou toward its maiden resource estimate next year as our exploration work continues.' Jagger Zone Drilling Highlights Scale and Continuity Results from seven diamond drill holes (KDD0080 to KDD0086), completed on sections JZ 525 to JZ 725 within the Jagger Zone, have been received and continue to expand the Company's understanding of this highly prospective target (see Figure 1). Gold mineralisation is hosted within and along the contacts of quartz feldspar porphyry and diorite intrusions, as well as within sheared contacts of basaltic massive and pillowed flow units. These structures define significant, laterally and vertically continuous gold-bearing zones that are traceable along strike and down dip. Notably, wide mineralised intervals in hole KDD0084, including 8.0 m at 1.41 g/t Au from 88.0 m and 21.5 m at 1.14 g/t Au* from 106.0 m (see Figure 2), demonstrate the presence of multiple stacked gold zones across the broader Jagger Shear Zone. On section JZ 700, gold mineralisation continues to demonstrate strong continuity and consistent geological associations observed in earlier drilling. Notable intercepts include 20.0 m at 1.41 g/t Au* from 106.0 m, including 5.0 m at 3.70 g/t Au, and 7.0 m at 1.20 g/t Au from 154.0 m. These results support the broader interpretation of the Jagger Shear Zone as a robust, multi-zone gold system and correlate well with previously reported drill holes and surface trench KTR030a (see Figure 3 for Section JZ 700.) Geological and Structural Setting of Gold Mineralisation at Kossou and the Jagger Zone Gold mineralisation at Kossou is hosted within a N-S trending, steeply west-dipping deformation corridor associated with the regional Contact Zone Fault, which separates basaltic volcanic flows from volcano-sedimentary rocks. Within this corridor, the 'Jagger Shear Corridor', brittle-ductile shear zones act as the primary structural controls on gold emplacement, particularly where lithological contrasts occur between basaltic units and intrusive rocks, including diorite and quartz-feldspar porphyry dykes. At the Jagger Zone, the main shear system is developed within a zone approximately 70-m wide and is closely associated with intrusive contacts. Drill core analysis has identified multiple quartz vein generations related to mineralisation. The V1 vein set consists of quartz veins and veinlets parallel to the S1 foliation, commonly occurring within the main shear zones and bearing gold. The dominant mineralized structures, however, are V2A veins, which trend west-northwest to northwest and are prominent both within and adjacent to the shears. A secondary vein set, V2B, is characterized by sub-horizontal hairline fractures and veinlets, which carry only sporadic gold mineralisation. Drilling to date indicates that gold mineralisation pinches and swells along strike and at depth, consistent with structurally controlled orogenic gold systems commonly found within the Birimian terrane of West Africa. An accurate dip and strike and controls of mineralisation are unconfirmed at this time and the true width of mineralisation are unconfirmed at this time. Drill holes are planned to intersect mineralised zones perpendicular to interpreted targets. All intercepts reported are downhole distances. The Company also reports the filing of its audited consolidated financial statements for the twelve-month period ended March 31, 2025, and related management's discussion and analysis. Copies of these financial statements and related management's discussion and analysis can be found on the Company's issuer profile on SEDAR+ at as well as on the Company's website at Sampling, QA/QC, and Analytical Procedures Drill core was logged and sampled by Kobo personnel at site. Drill cores were sawn in half, with one half remaining in the core box and the other half secured into new plastic sample bags with sample number tickets. Core samples are drilled HQ to below oxidation level and then is reduced to NQ for the remainder of the drill hole. Samples are transported to the SGS Côte d'Ivoire facility in Yamoussoukro by Kobo personnel where the entire sample was prepared for analysis (prep code PRP86/PRP94). Sample splits of 50 grams were then analysed for gold using 50g Fire Assay as per SGS Geochem Method FAA505. QA/QC procedures for the drill program include insertion of a certificated standards every 20 samples, a blank every 20 samples and a duplicate sample (split of the 1 m original sample) every 20 samples. All QAQC control samples returned values within acceptable limits. Review of Technical Information The scientific and technical information in this press release has been reviewed and approved by Paul Sarjeant, who is a Qualified Persons as defined in National Instrument 43-101. Mr. Sarjeant is the President and Chief Operating Officer and Director of Kobo. About Kobo Resources Inc. Kobo Resources is a growth-focused gold exploration company with a compelling new gold discovery in Côte d'Ivoire, one of West Africa's most prolific and developing gold districts, hosting several multi-million-ounce gold mines. The Company's 100%-owned Kossou Gold Project is located approximately 20 km northwest of the capital city of Yamoussoukro and is directly adjacent to one of the region's largest gold mines with established processing facilities. With over 15,000 metres of diamond drilling, nearly 5,900 metres of reverse circulation (RC) drilling, and 5,900 metres of trenching completed since 2023, Kobo has made significant progress in defining the scale and prospectivity of its Kossou's Gold Project. Exploration has focused on multiple high-priority targets within a 9+ km strike length of highly prospective gold-in-soil geochemical anomalies, with drilling confirming extensive mineralisation at the Jagger, Road Cut, and Kadie Zones. The latest phase of drilling has further refined structural controls on gold mineralisation, setting the stage for the next phase of systematic exploration and resource development. Beyond Kossou, the Company is advancing exploration at its Kotobi Permit and is actively expanding its land position in Côte d'Ivoire with prospective ground, aligning with its strategic vision for long-term growth in-country. Kobo remains committed to identifying and developing new opportunities to enhance its exploration portfolio within highly prospective gold regions of West Africa. Kobo offers investors the exciting combination of high-quality gold prospects led by an experienced leadership team with in-country experience. Kobo's common shares trade on the TSX Venture Exchange under the symbol "KRI'. For more information, please visit Twitter: @KoboResources | LinkedIn: Kobo Resources Inc. NEITHER THE TSXV NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSXV) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE. Cautionary Statement on Forward-looking Information: This news release contains 'forward-looking information' and 'forward-looking statements' (collectively, 'forward-looking statements') within the meaning of the applicable Canadian securities legislation. All statements, other than statements of historical fact, are forward-looking statements and are based on expectations, estimates and projections as at the date of this news release. Any statement that involves discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions, future events or performance (often but not always using phrases such as 'expects', or 'does not expect', 'is expected', 'anticipates' or 'does not anticipate', 'plans', 'budget', 'scheduled', 'forecasts', 'estimates', 'believes' or 'intends' or variations of such words and phrases or stating that certain actions, events or results 'may' or 'could', 'would', 'might' or 'will' be taken to occur or be achieved) are not statements of historical fact and may be forward-looking statements Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties, and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking statements. Such factors include, but are not limited to: general business, economic, competitive, political and social uncertainties; and the delay or failure to receive board, shareholder or regulatory approvals. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on the forward-looking statements and information contained in this news release. Except as required by law, Kobo assumes no obligation and/or liability to update the forward-looking statements of beliefs, opinions, projections, or other factors, should they change, except as required by law.
Yahoo
27 minutes ago
- Yahoo
Dynacor Group Reports Sales of US$26.1 Million in May 2025
MONTREAL, June 19, 2025 (GLOBE NEWSWIRE) -- Dynacor Group Inc. (TSX-DNG) ('Dynacor' or the "Corporation"), today announced unaudited gold sales of $26.1 million in May and year-to-date sales of $128.9 million. All figures are in US dollars unless otherwise indicated. Monthly Highlights Gold sales reached $26.1 million (C$36.2 million1) in May 2025, compared to $23.7 million (C$32.4 million) in May 2024. The increase in sales of $2.4 million or +10.1% versus May 2024 results from an increase in the sales price (+32.1%) partially offset by a decrease in volume (-21.9%) that in part results from planned plant maintenance. In May, the selling price of gold averaged $3,293 per ounce, compared to $2,340 per ounce, a 40.7% increase over May To Date Highlights Cumulative gold sales reached $128.9 million at the end of May 2025, compared to $116.4 million for the same period of 2024, a $12.5 million increase or +10.7%. In 2025, the selling price of gold averaged $3,015 per ounce, compared to $2,178 per ounce in 2024, a 38.4% increase. The Corporation is on target to meet its annual sales guidance of between $345 and $375 million. About Dynacor Dynacor Group is an industrial ore processing company dedicated to producing gold sourced from artisanal miners. Since its establishment in 1996, Dynacor has pioneered a responsible mineral supply chain with stringent traceability and audit standards for the fast-growing artisanal mining industry. By focusing on fully and part-formalized miners, the Canadian company offers a win-win approach for governments and miners globally. Dynacor operates the Veta Dorada plant and owns a gold exploration property in Peru. The Corporation plans to expand to West Africa and within Latin America. The premium paid by luxury jewellers for Dynacor's PX Impact® gold goes to Fidamar Foundation, an NGO that mainly invests in health and education projects for artisanal mining communities in Peru. Visit for more information. Forward-Looking Information Certain statements in the preceding may constitute forward-looking statements, which involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance, or achievements of Dynacor, or industry results, to be materially different from any future result, performance or achievement expressed or implied by such forward-looking statements. These statements reflect management's current expectations regarding future events and operating performance as of the date of this news release. Contact: For more information, please contact: Ruth HannaDirector, Investor Relations T: 514-393-9000 #236E: investors@ Renmark Financial Communications FilipponeT: (416) 644-2020 or (212) 812-7680E: bfilippone@ 1 Sales are converted using the average monthly exchange rate. A photo accompanying this announcement is available at
