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Questerre to acquire remaining interest in Red Leaf Resources
- Questerre Energy Corporation plans to acquire the remaining common shares of Red Leaf Resources, Inc. through an exchange of shares.
- The acquisition is valued at US$43 million, leading to a transaction price of US$7.5 million after adjustments.
- A majority of preferred shares, including those held by the Chief Executive Officer, support this acquisition.
- The transaction is pending necessary approvals, with an initial closing set for the end of December 2025.
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13 Articles
13 Articles
Questerre Energy (TSX:QEC) Plans Full Ownership of US-Based Red Leaf Resources
Coverage Details
Total News Sources13
Leaning Left8Leaning Right2Center1Last UpdatedBias Distribution73% Left
Bias Distribution
- 73% of the sources lean Left
73% Left
L 73%
R 18%
Factuality
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