Latest news with #QuesterreEnergyCorporation
Yahoo
12 hours ago
- Business
- Yahoo
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@ in to access your portfolio
Yahoo
27-01-2025
- Business
- Yahoo
3 Promising TSX Penny Stocks With At Least CA$7M Market Cap
As Canada navigates the economic implications of new U.S. policies, including potential tariff changes and energy reforms, the TSX index has shown resilience with gains since Inauguration Day. Amidst this backdrop, investors are exploring opportunities in various market segments, including penny stocks—an area that continues to offer potential despite its somewhat outdated label. These smaller or newer companies can provide significant value when they possess strong financials and growth prospects; we've identified three such penny stocks on the TSX that may present intriguing opportunities for those interested in tapping into emerging market players. Name Share Price Market Cap Financial Health Rating Silvercorp Metals (TSX:SVM) CA$4.29 CA$965.98M ★★★★★★ Mandalay Resources (TSX:MND) CA$4.33 CA$432.92M ★★★★★★ Pulse Seismic (TSX:PSD) CA$2.42 CA$124.04M ★★★★★★ Foraco International (TSX:FAR) CA$2.26 CA$231.32M ★★★★★☆ Findev (TSXV:FDI) CA$0.495 CA$13.75M ★★★★★★ PetroTal (TSX:TAL) CA$0.68 CA$632.68M ★★★★★★ NamSys (TSXV:CTZ) CA$1.00 CA$26.86M ★★★★★★ East West Petroleum (TSXV:EW) CA$0.04 CA$4.07M ★★★★★★ Hemisphere Energy (TSXV:HME) CA$1.83 CA$179.61M ★★★★★☆ DIRTT Environmental Solutions (TSX:DRT) CA$1.16 CA$228.22M ★★★★☆☆ Click here to see the full list of 934 stocks from our TSX Penny Stocks screener. Let's take a closer look at a couple of our picks from the screened companies. Simply Wall St Financial Health Rating: ★★★★☆☆ Overview: Questerre Energy Corporation is an energy technology and innovation company focused on acquiring, exploring, and developing non-conventional oil and gas projects in Canada, with a market cap of CA$98.56 million. Operations: The company generates CA$33.37 million in revenue from its oil and gas exploration and production activities. Market Cap: CA$98.56M Questerre Energy Corporation, with a market cap of CA$98.56 million, focuses on non-conventional oil and gas projects. Despite being unprofitable, it reported CA$33.37 million in revenue from exploration and production activities. Recent earnings show a decline in quarterly revenue to CA$8.47 million, with a net loss of CA$0.273 million compared to the previous year. The company has strong short-term asset coverage over liabilities and reduced its debt-to-equity ratio significantly over five years. Questerre's management team is experienced with an average tenure of 19.2 years, providing stability amid financial challenges and volatility concerns. Click here and access our complete financial health analysis report to understand the dynamics of Questerre Energy. Learn about Questerre Energy's historical performance here. Simply Wall St Financial Health Rating: ★★★★☆☆ Overview: Goldstorm Metals Corp. is a junior resource exploration company focused on acquiring, exploring, and developing mineral properties in Canada, with a market cap of CA$7.60 million. Operations: Goldstorm Metals Corp. has not reported any revenue segments. Market Cap: CA$7.6M Goldstorm Metals Corp., with a market cap of CA$7.60 million, is a pre-revenue junior exploration company focused on mineral properties in Canada. Recent drilling results from its Electrum gold-silver property in British Columbia showed promising mineralization, but the company remains unprofitable and highly volatile. It has no debt and short-term assets covering liabilities, yet less than one year of cash runway suggests potential liquidity challenges. The management team is relatively inexperienced with an average tenure of one year, which may impact strategic execution as it navigates the complexities of resource exploration and development without significant revenue streams. Unlock comprehensive insights into our analysis of Goldstorm Metals stock in this financial health report. Examine Goldstorm Metals' past performance report to understand how it has performed in prior years. Simply Wall St Financial Health Rating: ★★★★★☆ Overview: Intrepid Metals Corp. is a mineral exploration company focused on acquiring, exploring, and developing mineral properties with a market cap of CA$21.88 million. Operations: There are no reported revenue segments for this mineral exploration company. Market Cap: CA$21.88M Intrepid Metals Corp., with a market cap of CA$21.88 million, is a pre-revenue mineral exploration company focused on developing its Corral Copper Property in Arizona. Recent drilling revealed substantial high-grade mineralization, bolstering exploration potential and leading to new drill targets. The appointment of Richard Lock to the board brings valuable mining expertise, enhancing leadership amid ongoing strategic initiatives. Despite being unprofitable and having limited cash runway, Intrepid's recent capital raise improves short-term liquidity. The company has no long-term liabilities and maintains more cash than debt, but its relatively inexperienced management team may face challenges in execution. Jump into the full analysis health report here for a deeper understanding of Intrepid Metals. Assess Intrepid Metals' previous results with our detailed historical performance reports. Navigate through the entire inventory of 934 TSX Penny Stocks here. Shareholder in one or more of these companies? Ensure you're never caught off-guard by adding your portfolio in Simply Wall St for timely alerts on significant stock developments. Simply Wall St is a revolutionary app designed for long-term stock investors, it's free and covers every market in the world. Explore high-performing small cap companies that haven't yet garnered significant analyst attention. Jump on the AI train with fast growing tech companies forging a new era of innovation. Find companies with promising cash flow potential yet trading below their fair value. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include TSX:QEC TSXV:GSTM and TSXV:INTR. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@ Sign in to access your portfolio
