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Questerre Executive Increases Stake Through Stock Option Exercise

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Questerre Executive Increases Stake Through Stock Option Exercise

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An update from Questerre ( (TSE:QEC) ) is now available.

Questerre Energy Corporation reported that its Vice President of Land, Rick Tityk, has exercised stock options to acquire 650,000 common shares at an exercise price of $0.18 per share, increasing his total holdings to 1,050,000 common shares. The transaction signals increased insider ownership, which may be viewed by investors as a sign of confidence in the company’s prospects and alignment of management interests with shareholders.

The most recent analyst rating on (TSE:QEC) stock is a Hold with a C$0.31 price target. To see the full list of analyst forecasts on Questerre stock, see the TSE:QEC Stock Forecast page.

More about Questerre

Questerre Energy Corporation is an energy company engaged in the exploration and development of oil and gas resources, focusing on acquiring and developing non-conventional and conventional petroleum and natural gas projects.

Average Trading Volume: 36,043

Technical Sentiment Signal: Buy

Current Market Cap: C$124.3M

Find detailed analytics on QEC stock on TipRanks’ Stock Analysis page.

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