CALGARY, Alberta, May 16, 2024 (GLOBE NEWSWIRE) -- Questor Technology Inc. (“Questor” or the “Company”) (TSX-V: QST) announced today its financial and operating results for the first quarter ended March 31, 2024. Gross profit for the three months ended March 31, 2024, has decreased by $0.5 million, compared to the same period in 2023. On February 9, 2024, Questor commenced a Normal-course issuer bid (“NCIB”), allowing Questor to purchase a maximum of 1,400,000 common shares over the 12-month period for cancellation. To meet these new European standards all hydrocarbon energy and product suppliers will have to eliminate their flaring and venting and methane emissions. This enables its clients to meet emission regulations, reduce greenhouse gas emissions, address community concerns and improve safety at industrial sites.

Source: The Hindu May 16, 2024 19:28 UTC