Q PRECIOUS & BATTERY CLOSES COLCHESTER ACQUISITION

Mr. Richard Penn reports

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

Q Precious & Battery Metals Corp. has closed its previously announced amended and restated acquisition agreement with the beneficial owners of the with the beneficial owners of the Colchester project (see press releases dated April 7, 2025, and May 6, 2025). The Colchester project comprises eight licences totalling 559 claims, strategically positioned adjacent to Quebec Innovative Materials Corp.'s Nova Scotia hydrogen district.

Under the terms of the acquisition agreement, the company paid a non-refundable $25,000 payment and issued eight million common shares to the sellers in exchange for the Colchester project. In addition, the company 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 are 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 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.