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2 stories mentioning QIMC.CNUpdated 11d ago

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Mining & Metals

Quebec Innovative Materials Appoints Jean-Benoit Trahan to Board of Directors

Quebec Innovative Materials (QIMC.CN) has appointed Jean-Benoit Trahan to its board of directors, the company said Thursday.Trahan is president of Enbride Gaz Quebec, one of Quebec's natural gas distributors, where he has served for nearly 12 years.Trahan has deep regulatory expertise and has helped lead the decarbonization of Quebec's gas distribution network, the company said.The appointment comes as QIMC advances from natural clean hydrogen exploration toward project development, infrastructure planning and potential market integration opportunities across its portfolio in Quebec, Ontario, Nova Scotia and the U.S.Price: $0.64, Change: $+0.06, Percent Change: +10.34%

$QIMC.CN
Mining & Metals

Quebec Innovative Materials Raises $17.3 Million in a Bought-Deal Offering of Share Units

Quebec Innovative Materials (QIMC.CN) on Monday closed a bought-deal private placement of share units, raising $17.3 million, including the full exercise of the underwriters over-allotment option.The company sold underwriters 19.2-million units priced at $0.90 apiece and made up of a share and a three-year warrant to buy a share for $1.30.Proceeds will be used for exploration and evaluation of its existing hydrogen and helium projects and for general working capital needs.Shares of the company were last seen down $0.01 to $0.77 on the Canadian Securities Exchange.Price: $0.77, Change: $-0.01, Percent Change: -1.28%

$QIMC.CN

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