Questor Technology Inc. Announces Changes to Its Board of Directors
CALGARY, ALBERTA -- (Marketwired) -- 04/11/14 -- THIS DOCUMENT IS
NOT INTENDED FOR DISSEMINATION OR DISTRIBUTION IN THE UNITED STATES
Questor Technology Inc. ("Questor" or the "Company") (TSX VENTURE:
QST) hereby announces that the Board of Directors has accepted with
regret the resignation of Mr. Paul Drager as a director of the
Company as a result of a recently developed conflict of interest
situation related to the business affairs of the Company.
The Board of Directors and Management would like to thank Mr. Drager
for his counsel and guidance since joining the Board in June of 2013
and wish him well in his future endeavors.
ABOUT QUESTOR TECHNOLOGY INC.
Questor is an international environmental oilfield service company
founded in late 1994 and headquartered in Calgary, Alberta, Canada
with a field office located in Grande Prairie, Alberta. The Company
is focused on clean air technologies with activities in Canada, the
United States, Europe and Asia. Questor designs and manufactures high
efficiency waste gas incinerators for sale or for use on a rental
basis and also provides combustion-related oilfield services. The
Company's proprietary incinerator technology destroys noxious or
toxic hydrocarbon gases at 99.99% efficiency which ensures regulatory
compliance, environmental protection, public confidence and reduced
operating costs for customers. The technology creates an opportunity
to utilize the heat generated from efficient combustion. Questor is
recognized for its particular expertise in the combustion of sour gas
(H2S). While the Company's current customer base is primarily in the
oil and gas industry, its technology is applicable to other
industries such as landfills, water and sewage treatment, tire
recycling and agriculture.
Questor trades on the TSX Venture Exchange under the symbol "QST".
Certain information in this news release constitutes forward-looking
statements. When used in this news release, the words "may", "would",
"could", "will", "intend", "plan", "anticipate", "believe", "seek",
"propose", "estimate", "expect", and similar expressions, as they
relate to the Company, are intended to identify forward-looking
statements. In particular, this news release contains forward-looking
statements with respect to, among other things, business objectives,
expected growth, results of operations, performance, business
projects and opportunities and financial results. These statements
involve known and unknown risks, uncertainties and other factors that
may cause actual results or events to differ materially from those
anticipated in such forward-looking statements. Such statements
reflect the Company's current views with respect to future events
based on certain material factors and assumptions and are subject to
certain risks and uncertainties, including without limitation,
changes in market, competition, governmental or regulatory
developments, general economic conditions and other factors set out
in the Company's public disclosure documents. Many factors could
cause the Company's actual results, performance or achievements to
vary from those described in this news release, including without
limitation those listed above. These factors should not be construed
as exhaustive. Should one or more of these risks or uncertainties
materialize, or should assumptions underlying forward-looking
statements prove incorrect, actual results may vary materially from
those described in this news release and such forward-looking
statements included in, or incorporated by reference in this news
release, should not be unduly relied upon. Such statements speak only
as of the date of this news release. The Company does not intend, and
does not assume any obligation, to update these forward-looking
statements. The forward-looking statements contained in this news
release are expressly qualified by this cautionary statement.
Neither TSX Venture Exchange nor its Regulation Services Provider (as
that term is defined in the policies of the TSX Venture Exchange)
accepts responsibility for the adequacy or accuracy of this release.
Questor Technology Inc.
President and Chief Executive Officer
(403) 571-1539 (FAX)
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