Q PRECIOUS & BATTERY AMENDS COLCHESTER AGREEMENT

Mr. Richard Penn reports

QMET AMENDS AGREEMENT TO ACQUIRE COLCHESTER NATURAL HYDROGEN EXPLORATION ASSETS ADJACENT TO QIMC'S NOVA SCOTIA HYDROGEN DISTRICT

Q Precious & Battery Metals Corp. has entered into an amended and restated acquisition agreement amending and restating its acquisition agreement with the beneficial owners of the Colchester project. The Colchester project comprises eight licences totalling 559 claims, strategically positioned adjacent to Quebec Innovative Materials Corp.'s Nova Scotia hydrogen district. The original agreement referenced the wrong claims and the revised agreement reflects the intended claims to be sold to the company. Investors should disregard the maps in the company's press release dated April 7, 2025.

Under the terms of the revised agreement, the company is required to pay a non-refundable $25,000 payment (which has already been paid) and issue eight million common shares to the sellers in exchange for the Colchester project. In addition, Q Precious & Battery Metals has granted certain sellers a 2.0-per-cent royalty on revenues from the sale of any hydrogen or other minerals on the property. Fifty per cent of the sellers' royalty may be purchased for $2-million.

The transaction is subject to approval of the Canadian Securities Exchange. The sellers are arm's length to the company. The securities issued will be subject to a four-month-and-one-day hold from the date of issuance.

About Q Precious & Battery Metals Corp.

Q Precious & Battery Metals' exploration programs in Quebec are supervised by Dr. Mathieu Piche, OGQ, with office located in Val d'Or. He is also a company director. Q Precious & Battery Metals has a 100-per-cent interest in mineral claims with Quebec, targeting critical and precious metals as well as natural hydrogen. Projects include the McKenzie East gold project, the La Corne South critical minerals project and the Matane natural hydrogen project in a strategic collaboration with Quebec Innovative Materials.

We seek Safe Harbor.