Quest Oil Corporation announced a private placement of minimum of 1,000,000 common shares and maximum of 5,000,000 common shares at a price of $.02 per common share for minimum gross proceeds of $20,000 and maximum gross proceeds of $100,000 on September 27, 2021. The company is raising funding through crowd-funding platform truCrowd, Inc. The company will pay intermediary fees of % of the gross proceeds in the transaction. The company will accept oversubscriptions in the transaction. The company will issue securities pursuant to exemptions provided under Regulation C. The transaction is expected to close on March 27, 2022. The company will receive minimum net proceeds of $18,400 and maximum net proceeds of $92,000 in the transaction. The securities being issued are subject to a lock-up period of one year.