Q2 Metals Corp V.QTWO

to Acquire100% of the Large-Scale Cisco Lithium Property

[Betteryear2]

Highlights:

• Q2 Metals to acquire 100% interest in the Cisco Lithium Property, consisting of 222 claims totaling 11,374-ha.

• Highly prospective with the potential for multiple large-scale lithium discoveries.

• Limited historical exploration with only six drill holes completed, the majority of which undercut mineralization.

• Two historical drill holes returned:

  • 115.4 m at 1.21% Li2O cumulative width of five separate pegmatite intervals in hole CS-23-05.

  • 57.8 m at 1.27% Li2O cumulative width of three separate pegmatite intervals in hole CS-23-06.

• District-scale potential along three separate trends totaling approximately 37.5km in strike length.

• Close to regional infrastructure with the Billy Diamond Highway less than 10km away and approximately 150km north of Matagami, Quebec.

• Q2 remains well funded to undertake a high-impact drill program at the Cisco Lithium Property in the coming months.

Vancouver, British Columbia--(Newsfile Corp. - February 29, 2024) - Q2 Metals Corp. (TSXV: QTWO) (OTCQB: QUEXF) (FSE: 458) ("Q2" or the "Company") is pleased to announce that it has entered into three individual option agreements which gives the Company the exclusive right and option (the "Option") for the acquisition of a 100% interest in three groups of minerals claims, collectively known as the Cisco Property (the "Property" or the "Cisco Property"), subject to the retention by certain vendors of a gross metals return royalty, as further detailed below. The Cisco Property is located in the southern portion of Eeyou Istchee James Bay, Quebec, Canada.

Q2 Metals to Acquire 100% of the Large-Scale Cisco Lithium Property Located in James Bay, Quebec with Historical Assays Including 115.4 Metres at 1.21% Li2O (newsfilecorp.com)