Q PRECIOUS & BATTERY ARRANGES PRIVATE PLACEMENTS

Mr. Richard Penn reports

Q PRECIOUS & BATTERY METALS CORP. ANNOUNCES PRIVATE PLACEMENTS

Q Precious & Battery Metals Corp. has arranged the following proposed private placement offerings:

• An offering up to 10 million non-flow-through units at a price of 7.5 cents per non-flow-through unit for gross proceeds of up to $750,000; each non-flow-through unit consists of one non-flow-through common share and one whole warrant; each warrant will entitle the holder to purchase a common share at a price of 10 cents per share for a two-year term;

• An offering of up to 4,444,444 flow-through shares at a price of nine cents per flow-through share for gross proceeds of up to $400,000.

The company will pay finders' fees of up to 10 per cent in cash and issue finder warrants equal to 10 per cent of the number of non-flow-through units and flow-through shares sold to eligible finders. Each finder warrant will be exercisable at a price of 10 cents per share for a term of two years.

The offerings are subject to the approval of the Canadian Securities Exchange. The securities issued will be subject to a four-month-and-one-day hold from the date of issuance.

The proceeds from the offerings will be for mineral and gas exploration activities and general working capital.

We seek Safe Harbor.