Latest news with #QIMC
Zawya
a day ago
- Business
- Zawya
MPHC restructures partnership for salt production facility in Qatar
DOHA: Mesaieed Petrochemical Holding Company (MPHC) is pleased to announce a significant update following our previous announcement on 23rd September 2024. The parties has reached a mutual agreement for the exit of the Turkish partner 'Atlas' from the Memorandum of Understanding ('MoU') concerning the development and operation of a state-of-the-art salt production facility. The innovative salt production facility will now be established through a new joint venture ownership structure: Mesaieed Petrochemical Holding Company (MPHC): 60% equity stake, Qatar Industrial Manufacturing Co (QIMC): 40% equity stake This restructuring marks a pivotal step in advancing the project, ensuring streamlined operations and enhanced collaboration between the remaining partners. The facility aims to leverage cutting-edge technology to meet growing demand and contribute to Qatar's industrial diversification efforts. QAPCO remains the project development manager, providing all project-related support. Further details regarding the project will be disclosed in due course, upon reaching the (FID) stage. © Dar Al Sharq Press, Printing and Distribution. All Rights Reserved. Provided by SyndiGate Media Inc. (
Qatar Tribune
2 days ago
- Business
- Qatar Tribune
MPHC restructures partnership for salt production facility in Qatar
Tribune News Network Doha Mesaieed Petrochemical Holding Company (MPHC) has announced a major restructuring in the partnership framework for its upcoming state-of-the-art salt production facility in Qatar. This development comes as a follow-up to the company's earlier announcement made on September 23, 2024. In a mutual agreement, the Turkish partner Atlas has exited the Memorandum of Understanding (MoU) that was initially signed for the development and operation of the facility. With this exit, the project will now move forward under a revised joint venture ownership structure comprising MPHC and Qatar Industrial Manufacturing Company (QIMC). Under the new arrangement, MPHC will hold a 60 percent equity stake while QIMC will own the remaining 40 percent. The restructuring represents a significant milestone in the project's progression, paving the way for more streamlined operations and stronger collaboration between the two Qatari entities. The planned facility is set to incorporate advanced salt production technologies, with the objective of meeting rising demand in the region and contributing to Qatar's ongoing efforts toward industrial diversification. QAPCO will continue to serve as the project development manager, providing all necessary support throughout the various phases of the project. MPHC has stated that further updates will be provided in due course, particularly as the project approaches the Final Investment Decision (FID) stage. Once completed, the cutting-edge salt production facility is expected to play a pivotal role in supporting key industrial sectors in Qatar and boosting the nation's manufacturing capabilities.
Associated Press
2 days ago
- Business
- Associated Press
DiagnaMed Launches Ontario Hydrogen Exploration Campaign in Conjunction with QIMC and INRS; Strengthens Board
Toronto, Ontario--(Newsfile Corp. - July 3, 2025) - DiagnaMed Holdings Corp. (CSE: DMED) ('DiagnaMed' or the 'Company'), is pleased to announce it has signed an agreement with the Institut national de la recherche scientifique (INRS) to initiate a comprehensive hydrogen exploration campaign on its Ontario properties, in conjunction with Quebec Innovative Materials Corp. (CSE: QIMC) ('QIMC'). The exploration will be led by Dr. Marc Richer-Laflèche and will include collaboration with members of the Temiscamingue First Nations. Leveraging the innovative geological exploration model successfully developed and deployed by INRS and QIMC at St-Bruno-de-Guigues, Quebec, the Ontario program will include an extensive campaign of over 2,000 soil gas samples aimed at identifying high-potential natural hydrogen zones. The INRS-QIMC exploration model has yielded exceptional results in Quebec, characterized by notably high hydrogen (H₂) measurements indicative of significant geological processes: DiagnaMed anticipates replicating this success in Ontario, significantly enhancing the understanding and valuation of its exploration assets. John Karagiannidis, President of DiagnaMed, stated, 'We are excited to launch this exploration initiative alongside QIMC and INRS. The expertise of Dr. Richer-Laflèche and our collaboration with the Temiscamingue First Nations underscore our commitment to responsible, community-engaged exploration. This campaign represents a major step forward in unlocking Ontario's natural hydrogen potential and creating sustainable value for our shareholders.' DiagnaMed is also pleased to announce important governance enhancements. The Company warmly welcomes Mr. André Turmel to its Board of Directors. Mr. Turmel brings extensive expertise in corporate governance, legal frameworks, and resource development, providing valuable strategic guidance as DiagnaMed expands its exploration initiatives. Concurrently, Mr. Carlo Sansalone has resigned from the Board. DiagnaMed expresses its sincere gratitude to Mr. Sansalone for his dedicated service and meaningful contributions to the Company's growth. About DiagnaMed Holdings Corp. DiagnaMed Holdings Corp. (CSE: DMED) (OTCQB: DGNMF) is a Canadian technology innovator specializing in advanced hydrogen extraction technologies designed to support the rapidly growing natural hydrogen industry. Focused on commercial scalability, DiagnaMed aims to deliver cost-effective, sustainable, and efficient hydrogen solutions critical for global energy security and decarbonization. Visit For more information, please contact: John Karagiannidis, President and CEO DiagnaMed Holdings Corp. Tel: 514-726-7058 Email: [email protected] Website: Neither the Canadian Securities Exchange nor its Regulation Services Provider have reviewed or accept responsibility for the adequacy or accuracy of this release. Cautionary Statement Certain statements in this news release are forward-looking statements, including with respect to future plans, and other matters. Forward-looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations or intentions regarding the future. Such information can generally be identified by the use of forwarding-looking wording such as 'will', 'may', 'expect', 'could', 'can', 'estimate', 'anticipate', 'intend', 'believe', 'projected', 'aims', and 'continue' or the negative thereof or similar variations. The reader is cautioned that assumptions used in the preparation of any forward-looking information may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted, as a result of numerous known and unknown risks, uncertainties, and other factors, many of which are beyond the control of the Company, including but not limited to, business, economic and capital market conditions, the ability to manage operating expenses, and dependence on key personnel. Such statements and information are based on numerous assumptions regarding present and future business strategies and the environment in which the Company will operate in the future, anticipated costs, and the ability to achieve goals. Factors that could cause the actual results to differ materially from those in forward-looking statements include, the continued availability of capital and financing, litigation, failure of counterparties to perform their contractual obligations, loss of key employees and consultants, and general economic, market or business conditions. Factors that could cause actual results to differ materially from those anticipated in these forward-looking statements are described under the caption 'Risk Factors' in Company's management's discussion and analysis for the Three and Six Months Ended March 31, 2025 ('MD&A'), dated May 28, 2025, which is available on the Company's profile at Forward-looking statements contained in this news release are expressly qualified by this cautionary statement. The reader is cautioned not to place undue reliance on any forward-looking information. The forward-looking statements contained in this news release are made as of the date of this news release. Except as required by law, the Company disclaims any intention and assumes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or view the source version of this press release, please visit
Yahoo
4 days ago
- Business
- Yahoo
Quebec Innovative Materials Corp. Reports Results of 2025 Annual General Meeting
Montreal, Quebec--(Newsfile Corp. - June 30, 2025) - Quebec Innovative Materials Corp. (CSE: QIMC) (FSE: 7FJ) ("QI Materials", "QIMC" or the "Company") is pleased to announce the successful conclusion of its Annual General (the "Meeting"), held on June 30, 2025. At the Meeting, the shareholders of the Company voted on key resolutions, the election of directors, and other corporate matters, all of which received overwhelming support. Furthermore, the Company acknowledges Jakson Inwentash for his service, who has served as a director. QIMC wishes him continued success in his future endeavors. For more information about Quebec Innovative Materials Corp. and its products, please visit About Québec Innovative Materials Corp. Québec Innovative Materials Corp. is a mineral exploration, and development company dedicated to exploring and harnessing the potential of Canada's abundant resources. With properties in Ontario and Québec, QIMC is focused on specializing in the exploration of white (natural) hydrogen and high-grade silica deposits, QIMC is committed to sustainable practices and innovation. With a focus on environmental stewardship and cutting-edge extraction technology, we aim to unlock the full potential of these materials to drive forward clean energy solutions to power the AI and carbon-neutral economy and contribute to a more sustainable future. QUÉBEC INNOVATIVE MATERIALS KaragiannidisChief Executive OfficerTel: +1 438-401-8271 For further information, please contact: Email: info@ Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the CSE policies) accepts responsibility for the adequacy or accuracy of this news release and has neither approved nor disapproved the contents of this news release. Forward-Looking Statements 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 Québec Innovative Materials' actual results, performance or achievements, or developments in the industry 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. Although Québec Innovative Materials believes the forward-looking information contained in this news release is reasonable based on information available on the date hereof, by their nature, forward-looking statements involve assumptions, 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. Examples of such assumptions, risks and uncertainties include, without limitation, assumptions, risks and uncertainties associated with general economic conditions; adverse industry events; future legislative and regulatory developments in the mining sector; the Company's ability to access sufficient capital from internal and external sources, and/or inability to access sufficient capital on favorable terms; mining industry and markets in Canada and generally; the ability of Québec Innovative Materials Corp. to implement its business strategies; competition; and other assumptions, risks and uncertainties. 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. While the Company may elect to, it does not undertake to update this information at any particular time except as required in accordance with applicable laws. 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
Yahoo
10-06-2025
- Business
- Yahoo
QIMC and QMET Expand Hydrogen Development with Phase 2 Program in Nova Scotia Project
Montreal, Quebec--(Newsfile Corp. - June 10, 2025) - Quebec Innovative Materials Corp. (CSE: QIMC) (OTCQB: QIMCF) (FSE: 7FJ) ("QIMC") and Q Precious & Battery Metals Corp. ("QMET") are pleased to announce the successful completion of an initial geological reconnaissance program, marking a major advancement in their development initiative for natural hydrogen in Nova Scotia. This initial phase, led by QIMC, has successfully identified critical geological fault zones and key structural features vital for targeted natural hydrogen exploration across the companies' Nova Scotia properties. Following these results, QMET has provided an initial cash deposit to QIMC as part of this $200,000 Phase 2 exploration program conducted by QIMC in partnership with the Institut National de la Recherche Scientifique (INRS). Phase 2, scheduled to commence this July, will feature an extensive soil gas sampling program involving over 1,000 strategically collected samples at intervals ranging from 50 to 100 meters along identified key fault zones and promising geological structures within the Cumberland basin. The program is designed specifically to detect hydrogen (H₂), methane (CH4), carbon dioxide (CO2) and hydrogen sulfide (H₂S), supplemented by detailed mobile radiometric gamma measurements. Experts from INRS will conduct real-time data interpretation, enabling efficient identification and targeting of high-grade hydrogen zones for intensive follow-up exploration and geophysical investigations. Additionally, members of the Temiscamingue First Nations will actively participate in this initiative, building upon their significant contributions alongside QIMC at the St-Bruno-de-Guigues project in Quebec. The recent reconnaissance effort specifically evaluated the potential to identify major fault zones using observable surface topography and other geological indicators. Additionally, the program assessed the composition and depth of overburden layers to optimize future exploration strategies, utilizing both direct field observations and existing geological literature. Richard Penn, CEO of QMET, stated: "This phase represents a pivotal advancement for QMET as we deepen our strategic collaboration with QIMC and leverage their advanced proprietary exploration techniques to identify and confirm natural hydrogen zones. Our partnership is driving forward a significant opportunity for Nova Scotia's energy future and reinforcing its role in Canada's evolving energy landscape." John Karagiannidis, CEO of QIMC, stated: "This milestone highlights the strength of our proprietary exploration model and our ability to deliver repeatable, high-value results. Our continued collaboration with QMET and the INRS team, led by Professor Richer-LaFlèche, positions us to accelerate the path toward unlocking Nova Scotia's clean natural hydrogen assets." About Q Precious Metals & Battery Metals Corp. (QMET) QMET has 100% interest in mineral claims with Quebec, targeting critical and precious metals as well as natural hydrogen. Projects include the McKenzie East Gold Project, LaCorne South Critical Minerals Project, the Matane Natural Hydrogen Project and the Nova Scotia Colchester Natural Hydrogen project in a strategic collaboration with Quebec Innovative Materials Corp. About Quebec Innovative Materials Corp. (QIMC) Québec Innovative Materials Corp. is a mineral exploration and development company dedicated to exploring and harnessing the potential of Canada's abundant resources. With properties in Ontario and Québec and Nova Scotia, QIMC is focused on specializing in the exploration of white (natural) hydrogen and high-grade silica deposits. QIMC is committed to sustainable practices and innovation. With a focus on environmental stewardship and cutting-edge extraction technology, we aim to unlock the full potential of these materials to drive forward clean energy solutions to power the AI and carbon-neutral economy and contribute to a more sustainable future. For more information about Quebec Innovative Materials Corp. and its products, please visit QUÉBEC INNOVATIVE MATERIALS CORP. John Karagiannidis Chief Executive Officer Tel: +1 514-726-7058 For further information, please contact: Email: info@ Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the CSE policies) accepts responsibility for the adequacy or accuracy of this news release and has neither approved nor disapproved the contents of this news release. Forward-Looking Statements 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 Québec Innovative Materials' actual results, performance or achievements, or developments in the industry 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. Although Québec Innovative Materials believes the forward-looking information contained in this news release is reasonable based on information available on the date hereof, by their nature, forward-looking statements involve assumptions, 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. Examples of such assumptions, risks and uncertainties include, without limitation, assumptions, risks and uncertainties associated with general economic conditions; adverse industry events; future legislative and regulatory developments in the mining sector; the Company's ability to access sufficient capital from internal and external sources, and/or inability to access sufficient capital on favorable terms; mining industry and markets in Canada and generally; the ability of Québec Innovative Materials Corp. to implement its business strategies; competition; and other assumptions, risks and uncertainties. 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. While the Company may elect to, it does not undertake to update this information at any particular time except as required in accordance with applicable laws. This press release contains forward-looking statements, including the anticipated success and timing of drilling permits and exploration activities. These statements involve known and unknown risks, uncertainties, and other factors that could materially affect actual results. Investors are advised to consult the detailed disclosures available on SEDAR+. 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
