Ian C. Peres announces that he has acquired a total of 500,000 common shares of QNB Metals via a private transaction with an undisclosed shareholder. Prior to the Transaction, Mr. Peres, President and CEO of QNB, directly and indirectly, held 6,000,000 Shares and 1,000,000 common shares options. Following the Transaction, he has control and direction over an aggregate of 6,500,000 Shares and 1,000,000 common shares
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