QI Materials announced the appointment of John Karagiannidis as its new President and CEO. Mr. Karagiannidis was born and raised in Montréal, Québec, and has been involved in over 300 transactions involving emerging private and public companies with a total value in excess of $2 billion. Mr. Karagiannidis is currently a dealing representative at EMD Financial.

Prior to EMD Mr. Karagiannidis worked at Marquest Capital Markets, Industrial Alliance Securities, and Desjardins Securities. Mr. Karagiannidis is an MBA graduate of the Ivey Business School (University of Western Ontario), LL.B from the University of Montréal and is a member of the Québec Bar Association. The Company wishes to extend its appreciation to Patrick Levasseur who has acted as Interim Chief Executive Officer since March 2024.

Mr. Levasseur remains a director of QIMC.