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An update from Questerre ( (TSE:QEC) ) is now available.
Questerre Energy Corporation announced that its Board and Management have exercised a total of 5,975,000 stock options at an exercise price of C$0.20, resulting in payments totaling C$0.18 million. No new shares were issued during this transaction. Additionally, the company granted 6,675,000 options to its directors, officers, and employees at C$0.23 per share, set to expire in 2030. This move reflects the company’s plan to align its executive compensation and incentives with its strategic goals.
More about Questerre
YTD Price Performance: -5.00%
Average Trading Volume: 19,677
Technical Sentiment Consensus Rating: Buy
Current Market Cap: C$98.56M
For an in-depth examination of QEC stock, go to TipRanks’ Stock Analysis page.