QNB receives conditional CSE OK for listing statement

Mr. Ian Peres reports QNB ANNOUNCES CSE CONDITIONAL APPROVAL QNB Metals Inc. has received conditional approval of the corporation's Form 2A listing statement from the Canadian Securities Exchange. Ian C. Peres, president and chief executive officer of QNB Metals, commented: "This is a very important final step in the finalization of the reverse takeover by ReSolve Energy Inc. The $2.5-million concurrent equity financing, a condition for closing and restart of trading, is under way and nearing completion." The Canadian Securities Exchange has approved the QNB Metals fundamental change (resulting issuer anticipated to be named ReSolve Energy Inc.) for listing, subject to the following conditions: Completion of the transaction, including the closing of the $2.5-million concurrent financing and the name change to ReSolve Energy Inc.; The resulting issuer must finalize various agreements in the normal course; The resulting issuer must meet the CSE's initial listing public float and distribution requirements; and Completion of any and all outstanding CSE application documentation and payment of fees pursuant to CSE policies. A date for restart of trading will be determined upon confirmation of the above conditions being met. About QNB Metals Inc. QNB Metals is exploring for natural or white hydrogen in Ontario and Quebec, using leading patent-pending detection technology on highly prospective claims. The corporation also holds the Kingsville salt reservoir project in Nova Scotia. About ReSolve Energy Inc. ReSolve is a private Canadian company focused on the development and commercialization of advanced biofuel and renewable energy technologies, as well as the exploration of natural hydrogen resources. ReSolve has engineered a proprietary, patent-pending acid hydrolysis platform capable of converting residual biomass -- including bark, demolition wood and paper sludge -- into three complementary renewable energy products: second-generation ethanol, industrial-grade lignin pellets and electricity generated through integrated biomass cogeneration. ReSolve also owns a patent-pending intellectual property portfolio related to the hydrogen detection and extraction methods in addition to 119 mineral exploration claims covering 6,613 hectares (66 square kilometres) in Quebec. We seek Safe Harbor.