Montreal, Quebec – [May 6, 2025] – Q Precious & Battery Metals (CSE: QMET, OTC: BTKRF, FSE: 0NB) ("QMET" or the "Company") is pleased to announce the signing of a strategic exploration contract with Quebec Innovative Materials Corp (CSE: QIMC). This contract encompasses comprehensive district-wide exploration targeting natural hydrogen (H₂) and helium along the geologically significant Cobequid and Chedabucto fault systems in Nova Scotia.
Richard Penn, President of QMET, commented: "We are excited to partner with QIMC in this strategic exploration initiative. QIMC’s advanced methodologies and successful track record in natural hydrogen exploration align with our goal to thoroughly evaluate and capitalize on Nova Scotia’s hydrogen resource potential. We anticipate this project will lead to meaningful discoveries and opportunities for future development."
Under the terms of the agreement, QIMC will implement its proprietary exploration methodologies, including advanced soil gas surveys optimized for detecting hydrogen and helium. These surveys will be supplemented with state-of-the-art Audio Magnetotelluric (AMT) and Gamma Radiometric geophysical surveys. This initiative leverages QIMC’s proven expertise and builds upon the successful identification of high-potential hydrogen zones at its flagship St-Bruno-de-Guigues property in Quebec.
This agreement marks a significant advancement in QIMC's strategic expansion in natural hydrogen exploration," stated John Karagiannidis, CEO and Chairman of QIMC. "Our collaboration with QMET, bolstered by the expert guidance from our partners at INRS, positions us strongly to validate and further expand our unique exploration model. We expect this initiative to significantly enhance our understanding of hydrogen potential within the region, thereby driving sustainable growth and value for our shareholders."
The Cobequid and Chedabucto fault areas share critical geological characteristics with QIMC’s Quebec-based properties, notably elevated geothermal gradients and heightened concentrations of elements, such as potassium, thorium, and uranium. These elements are known catalysts for radiolytic hydrogen generation. Furthermore, the region features sedimentary sequences exceeding 8,000 meters in thickness, composed of alternating porous and impermeable rock layers, as well as anticline structures associated with saline diapirs—geological features ideal for hydrogen and helium accumulation, confirmed by previous soil sampling conducted in 2024.
QMET will collaborate closely with QIMC and the Institut National de la Recherche Scientifique (INRS), whose expertise was instrumental in developing QIMC’s successful hydrogen exploration model.
Further updates and exploration results will be communicated as they become available.
About Q Precious & Battery Metals Corp. (CSE:QMET)
Q Precious & Battery Metals Corp. (CSE:QMET) is a Canadian exploration company dedicated to discovering and developing precious and critical minerals as well as natural hydrogen and helium resources using innovative geological and geochemical methodologies. Projects include the LaCorne South VMS Project, McKenzie East Gold Project and the newly acquired Matane property in a collaboration with Quebec Innovative Materials Corp.(CSE:QIMC).
For further information, please visit our website at qmetalscorp.com or contact:
CEO, Richard Penn
phone:778-384-8923
email: richard@qmetalscorp.com
Cautionary Statement
This news release contains certain “forward-looking statements” within the meaning of applicable Canadian securities legislation. These statements relate to future events or the future activities or performance of Q Precious & Battery Metals Corp. ("QMET" or the "Company"). All statements other than statements of historical fact may be forward-looking statements, including statements with respect to: the anticipated results of the strategic exploration agreement with Quebec Innovative Materials Corp. (“QIMC”), the timing and scope of exploration activities, the effectiveness of QIMC’s proprietary methodologies, the potential for hydrogen and helium discoveries along the Cobequid and Chedabucto fault systems, and the future economic potential of these projects.
Forward-looking statements are based on a number of assumptions and estimates that, while considered reasonable by the Company at the date of this news release, are subject to significant business, technical, economic and competitive uncertainties and contingencies. Assumptions include: the continued cooperation of QIMC and INRS in accordance with the terms of the agreement; the accuracy of geological interpretations regarding the hydrogen and helium potential of the targeted fault systems; the technical efficacy of exploration methodologies including AMT, Gamma Radiometric, and soil gas surveys; and the Company’s ability to obtain the necessary capital and regulatory approvals to conduct and advance exploration work.
Forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements to differ materially from those anticipated in the forward-looking statements. These risks include, but are not limited to: risks related to exploration and development of hydrogen and helium resources, including operational risks and delays; the risk that expected geologic conditions do not materialize as anticipated; the ability to retain key personnel and consultants; changes in government regulations, energy policy or environmental laws; competitive pressures within the energy and resource sector; fluctuations in capital markets and the availability of financing; and general economic, market or business conditions.
There can be no assurance that the forward-looking statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. Readers are cautioned not to place undue reliance on forward-looking statements. The Company disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise, except as required by applicable law.