QNB Metals Announces Shareholder Approval and Appointment of CFO

Montréal, Québec — July 31, 2025 — Leads & Copy — QNB Metals Inc. (CSE : TIM.X) (USOTC : QNBMF) announced that all resolutions outlined in the company's information circular dated July 4, 2025, were approved at the 2025 annual general meeting of shareholders. The meeting was held via webcast on July 30, 2025.

A total of 18,758,131 shares, representing 40.12% of the company’s outstanding shares, were represented by shareholders present in person and by proxy at the meeting. All items on the agenda were approved, including the proposed transaction and change of business, share consolidation, and name change.

The four management-proposed director nominees, Mario Bouchard, Mario Drolet, Michael Mansfield and Maxime Lemieux, were elected by a show of hands with proxies.

Following the transaction, André Proulx and the four previously appointed directors, Mario Bouchard, Mario Drolet, Michael Mansfield and Maxime Lemieux, were elected.

André Proulx is the president of ReSolve Énergie inc. and founder of Pétrolia inc., where he led the discovery of three distinct oil deposits in Anticosti and Gaspésie and negotiated two partnerships with European oil companies. He is also the founder and director of several TSXV mining companies such as Stelmine Canada, having raised significant international capital.

The company also announced the appointment of Byron D'Silva as Chief Financial Officer.

D'Silva brings over 25 years of experience in financial reporting, internal and external audit, and risk management. He previously held a senior director position at the Royal Bank of Canada for 15 years, overseeing regulatory integration, compliance, and operational risk management.

Final voting results on all matters submitted for a vote at the meeting are available on SEDAR+ at www.sedarplus.com.

QNB Metals explores natural or white hydrogen in Ontario and Quebec, using state-of-the-art detection technology on highly prospective claims. The company also holds the Kingsville salt reservoir project in Nova Scotia.

ReSolve is a Canadian private company focused on the development and commercialization of advanced biofuel and renewable energy technologies, as well as natural hydrogen resource exploration. ReSolve has designed a proprietary acid hydrolysis platform capable of converting residual biomass into renewable energy products.

ReSolve also has a portfolio of patent-pending intellectual property related to hydrogen detection and extraction methods, in addition to 119 mining exploration claims covering 6,613 hectares in Quebec.

Contact:
Ian C. Peres, CPA, CA
President and CEO
+1.416.579.3040

Source: QNB Metals Inc.