Questerre closes PX acquisition and enters joint venture for the project
Norway, Sept. 29 -- Questerre Energy Corporation is pleased to announce it has entered a binding term sheet (the "Term Sheet") for a 50/50 joint venture to own and develop Parana Xisto SA ("PX Energy"), an oil shale production and refining company based in southern Brazil (the "Joint Venture"). The Joint Venture partner is Nice Capital Holdings Ltda ("Nice"), a member of the Nimofast Group ("Nimofast"), one of the leading private fuel importers and distributors in Brazil.Questerre concluded its previously announced acquisition of PX Energy as reported by the Company on July 29, 2025, pursuant to the share purchase agreement dated July 28, 2025 (the "SPA"). The Company has agreed to amend the SPA to directly acquire 100% ownership of Forbes ...
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