$QST.V

Questor Technology Postpones Annual General Meeting, Notes Statement of Claim Filed by Former CEO

Questor Technology (QST.V) has postponed its annual general meeting, originally scheduled for June 15, as a result of a delay in the meeting materials, the company said late on Thursday.The delay was due to an inadvertent error by the third-party service provider engaged by Questor to conduct such filings, as well as concerns that some shareholders have not received the materials mailed to them.The postponement was also due to legal proceedings initiated on June 8 by the company's former president and chief executive officer, Audrey Mascarenhas, whose employment was terminated effective April 20.Mascarenhas has filed a statement of claim at the Court of King's Bench of Alberta against Questor, each independent director of Questor's board and the company's chief financial officer for wrongful termination.The independent directors and management dispute the allegations and intend to respond accordingly.The meeting will be rescheduled by no later than Sept. 24.

Questor Technology Secures $1.9 Million From National Research Council Canada to Commercialize 1500kW Heat-to-Power System

Questor Technology (QST.V) won $1.9 million to complete development and launch commercialization of its 1500-kilowatt Rankine Cycle (ORC) Heat-to-Power Generation System from National Research Council of Canada (NRC), it said Friday.Its 1500kW ORC converts both high- and low-temperature waste heat into dispatchable electricity that can be consumed on-site or exported to the grid, and is engineered as the natural companion to the company's Q-Series Thermal Oxidizers, the company said.Questor expects to complete testing of the 1500kW prototype in the second quarter of 2026, with commercial rollout to follow later this year.Shares of the company closed up 8.3% to $0.325 on Thursday on the TSX Venture Exchange.

Earnings Flash (QST.V) Questor Technology Reported Q4 Revs C$0.7M Vs 1.776M a Year Earlier; Loss Per Share Basic and Diluted $0.04 Unchanged

Questor Technology's Chief Executive Resigns; Appoints Interim CEO

Questor Technology (QST.V) on Monday said chief executive Audrey Mascarenhas has stepped down, effective immediately.No reason for Mascarenhas' departure was offered.The company said Mascarenhas, who joined Questor in 1999 and became CEO in 2005, led the firm to a leading market position in waste gas combustion and helped build strong brand recognition in domestic and international markets.The board is working on a transition plan expected to be completed in the near term. During the transition, Mike Lindsay will serve as interim president and CEO.Mascarenhas will remain a member of the board, while Paul Huizinga has assumed the role of chair, the company said.Shares of the company closed down $0.04 at last look at $0.31 on the TSX Venture Exchange.Price: $0.30, Change: $-0.06, Percent Change: -15.71%