Mr. John Karagiannidis reports
QIMC AND DIAGNAMED STRENGTHEN STRATEGIC PARTNERSHIP; JOHN KARAGIANNIDIS JOINS AS PRESIDENT, CEO, AND DIRECTOR OF DIAGNAMED
Quebec Innovative Materials Corp. has strengthened its strategic partnership with Diagnamed Holdings Corp., highlighted by the appointment of John Karagiannidis as president, chief executive officer and director of Diagnamed. Mr. Karagiannidis will also maintain his role as president and chief executive officer of Quebec Innovative, significantly enhancing collaborative alignment across both companies.
Fabio Chianelli, former chairman and CEO of Diagnamed, steps down from his executive roles but continues on Diagnamed's board of directors.
Mr. Chianelli commented: "John Karagiannidis's appointment solidifies the strategic integration between QIMC and Diagnamed. His extensive track record and proven leadership in natural hydrogen exploration, commercialization strategies, and project execution will significantly leverage combined strengths and accelerate our joint objectives."
The Ontario government has recently announced a significant expansion of its hydrogen energy initiatives, focused on delivering affordable, secure and clean energy solutions to power new housing developments and drive sustainable economic growth. Hydrogen has been identified as a critical component of Ontario's integrated energy strategy, with an additional $30-million allocated through the Hydrogen Innovation Fund to support grid integration and sector-specific hydrogen applications. This strategic direction aligns with industry forecasts projecting a robust hydrogen economy capable of creating up to 135,000 Canadian jobs. Quebec Innovative, in collaboration with Diagnamed, will leverage on their combined proprietary technological capabilities and strategic partnership to become key contributors in Ontario's accelerating clean natural hydrogen sector, thus supporting the province's energy security and long-term sustainability objectives.
Diagnamed recently advanced its proprietary hydrogen extraction technology. This technology will be instrumental in the exploration and development projects now under way across Ontario and Nova Scotia, and targeted expansion areas within the United States.
Strategic highlights:
- Leadership synergy;
- Advanced technology: Diagnamed's proprietary hydrogen extraction technology critically augments exploration efficiencies and supports broader commercial viability;
- Ontario asset development: Diagnamed's recent acquisitions of strategic natural hydrogen claims in Ontario's Temiscamingue district complement Quebec Innovative's established exploration portfolio;
- Integrated exploration approach: Diagnamed, Quebec Innovative and Institut National de la Recherche Scientifique (INRS) to initiate comprehensive soil sampling programs, closely co-ordinating with the Temiscamingue First Nations, to ensure inclusive, sustainable economic and environmental practices.
Mr. Karagiannidis stated: "I am enthusiastic about the broader potential our enhanced partnership represents. Diagnamed's advanced hydrogen extraction technology positions us uniquely to swiftly capitalize on emerging natural hydrogen opportunities, maximizing shareholder value, and making a substantial contribution to the clean energy transition in Quebec, Nova Scotia, Ontario and the United States."
Quebec Innovative is steadfastly driving innovation in natural hydrogen exploration, reinforcing economic development and energy sustainability regionally and internationally.
About Diagnamed Holdings Corp.
Diagnamed is a Canadian technology innovator specializing in advanced hydrogen extraction technologies designed to support the rapidly growing natural hydrogen industry. Focused on commercial scalability, Diagnamed aims to deliver cost-effective, sustainable and efficient hydrogen solutions critical for global energy security and decarbonization
About Quebec Innovative Materials Corp.
Quebec Innovative is a mineral exploration and development company dedicated to exploring and harnessing the potential of Canada's abundant resources. With properties in Ontario, Quebec and Nova Scotia, Quebec Innovative specializes in the exploration of white (natural) hydrogen and high-grade silica deposits. Quebec Innovative is committed to sustainable practices and innovation. With a focus on environmental stewardship and cutting-edge extraction technology, the company aims to unlock the full potential of these materials to drive forward clean energy solutions to power the artificial intelligence and carbon-neutral economy and contribute to a more sustainable future.
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