Quest Oil Corporation announced that it will issue minimum of 1,000,000 common shares and maximum of 5,000,000 common shares at a price of $0.02 per unit for minimum gross proceeds of $20,000 and maximum gross proceeds of $100,000 on September 23, 2022. The company will raise funding through crowdfunding platform truCrowd, Inc. As a part of the transaction, truCrowd, Inc will charge a fees of 8% of gross proceeds. The company expects to close the transaction on March 23, 2023.

The securities to be issued will be subject to transfer restriction of one year. The company will issue securities pursuant to exemption provided under Regulation C.