Latest Quantum Energy Inc (QEGY) Headlines Qu
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Quantum Energy Seeks CUSIP for BDC
Marketwire - Thu Jan 09, 6:30AM CST
Quantum Energy, Inc. (PINKSHEETS: QEGY), announced that it is moving forward with the acquisition of a Business Development Company (BDC) through the formation of Quantum Funding, Inc. by Data Capital Corp (DCC). "The corporate formation process is nearly complete and a CUSIP number will be sought immediately to identify the securities of the BDC through the Committee on Uniform Securities Identification Procedures," said Stan Wilson Chairman and President of Quantum. The BDC will then make all filings to qualify to raise an initial $5,000,000. To acquire the BDC as a subsidiary with its $5,000,000 on hand, Quantum will issue restricted shares at $0.50 cent per share. "In anticipation of the BDC acquisition and the accompanying funding, Quantum is in discussions with several potential sites to assess the feasibility of developing diesel refineries within and without the Bakken," Wilson said.
Quantum Energy Releases Pricing of BDC Funding
Marketwire - Fri Dec 20, 6:30AM CST
Quantum Energy, Inc. (PINKSHEETS: QEGY), released the pricing of its recently announced $5,000,000 BDC funding to be arranged by Data Capital Corp (DCC) of New York, NY. DCC has agreed to assist Quantum in the formation of a Business Development Company (BDC) by forming Quantum Funding, Inc. as a BDC to raise an initial $5,000,000. Upon receipt of the funding, Quantum Funding, Inc. will then be acquired as a subsidiary by QEGY in a share exchange by which the $5,000,000 subsidiary will be acquired for 10,000,000 shares of newly issued restricted common stock for a valuation that equates to an issuance price of $0.50 cents per share.
Quantum Energy Inc selects Data Capital Corp to facilitate formation of BDC investment vehicle
M2 - Thu Dec 19, 6:15AM CST
Oil & gas exploration company Quantum Energy Inc (PINKSHEETS:QEGY) reported on Wednesday the launch of an Engagement Agreement with Data Capital Corp (DCC) of New York, NY.
Quantum Energy Announces BDC Funding
Marketwire - Wed Dec 18, 6:30AM CST
Quantum Energy, Inc. (PINKSHEETS: QEGY) announced today that it has signed an Engagement Agreement with Data Capital Corp (DCC) of New York, NY to assist Quantum in the formation of a Business Development Company (BDC) as a subsidiary under the Small Business Investment Incentive Act of 1980 ("BDC Act"), and the Investment Company Act of 1940. Under the Agreement DCC will form Quantum Funding, Inc. as a BDC and make all of the legal and regulatory filings including the N-54a and Form 1-E to raise an initial $5,000,000. Upon receipt of the funding, Quantum Funding, Inc. will then be acquired as a subsidiary by QEGY in a share exchange and move towards the eventual filing of an N-2 Registration Statement to raise even greater amounts of capital.
Quantum Energy Targets Bakken Shale With Field Office and New Management
Marketwire - Thu Dec 05, 8:02AM CST
Quantum Energy, Inc. (PINKSHEETS: QEGY), announced today it has redirected its oil and gas focus from the West Texas Barnett Shale fields to North Dakota with the opening of an office in Williston, North Dakota in the heart of the Bakken formation. "The company has secured the consulting services of Andrew J. Kacic and Advisory Services, Inc. with offices in Williston to assist in identifying oil and gas opportunities in that region," said Stan Wilson, the new Chairman and President of Quantum. "We are impressed with the diesel refinery model being constructed by MDU in Dickinson and believe it can be replicated throughout the Bakken," Wilson said. "Mr. Kacic has recent experience in funding efforts for refineries and we are in discussions with potential refinery sites to assess feasibility," Wilson explained.