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Questor Technology Inc V.QST

Alternate Symbol(s):  QUTIF

Questor Technology Inc. is a Canada-based environmental emissions reduction technology company. The Company is focused on clean air technologies that safely and cost effectively improve air quality, support energy efficiency and greenhouse gas emission reductions. The Company designs, manufactures and services high-efficiency clean combustion systems that destroy harmful pollutants, including Methane, Hydrogen Sulfide gas, Volatile Organic Hydrocarbons, Hazardous Air Pollutants and BTEX (Benzene, Toluene, Ethylbenzene and Xylene) gases within waste gas streams. This enables its clients to meet emission regulations, reduce greenhouse gas emissions, address community concerns and improve safety at industrial sites. The Company also has proprietary heat to power generation technology and is targeting new markets including landfill biogas, syngas, waste engine exhaust, geothermal and solar, cement plant waste heat, in addition to a variety of oil and gas projects.


TSXV:QST - Post by User

Post by Awardedon Sep 22, 2023 5:05pm
379 Views
Post# 35650098

Audrey Returns

Audrey ReturnsQuestor Technology Inc.

CALGARY, Alberta, Sept. 22, 2023 (GLOBE NEWSWIRE) -- Questor Technology Inc. (“Questor” or the “Company”) (TSX-V: QST) announces the resignation of James Inkster, Derek O’Malley-Keyes, Glenn Leroux and Stewart Hanlon (collectively, the “Resigning Directors”) from the Board of Directors of the Company (the “Questor Board”). The positions made available by the resignations have been filled through the appointment of four new directors being, Dr. Normand Brais, Mr. Paul Huizinga, Mr. Bastien Commet and Mr. David Stam (the “New Directors”). The Questor Board will now be comprised of the New Directors as well as Audrey Mascarenhas, who has also resumed her position as President and Chief Executive Officer of the Company effective immediately and will take on the role of Chair of the Questor Board. In conjunction with his resignation from the Questor Board, Mr. O’Malley-Keyes has also stepped down from his position as interim President and Chief Executive Officer.

Following the previous announcement on August 23, 2023, regarding the departure of Ms. Mascarenhas from the position of President and Chief Executive Officer, certain shareholders of Questor, including Ms. Mascarenhas, comprising a majority position of shareholdings in the Company, engaged in communications with the Resigning Directors regarding the future direction of the Company and certain other related matters. The communications ultimately led to the decision by the Resigning Directors that stepping down from the Questor Board is in the best interests of the Company.

Full report at: https://ca.finance.yahoo.com/news/questor-announces-board-changes-ceo-200100080.html


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