Q PRECIOUS & BATTERY CLOSES PRIVATE PLACEMENT

Mr. Richard Penn reports

Q PRECIOUS & BATTERY METALS CORP. CLOSES FLOW THROUGH PRIVATE PLACEMENT

Q Precious & Battery Metals Corp. has closed a flow-through private placement previously announced April 2, 2024, and June 5, 2024. The company issued a total of 9.25 million units at a price of two cents per unit.

Each unit consists of one flow-through common share and one-half of one non-flow-through share purchase warrant. Each warrant will entitle the holder to purchase a non-flow-through share at a price of five cents per share for a two-year term (the warrant term).

The company paid finders' fees to EMD Financial consisting of $2,000 cash, 40,000 finders' warrants and 50,000 compensation shares. The company also paid $7,000 cash and issued 350,000 finders' warrants to Accilent Capital Management Inc. and $3,000 cash and 150,000 finders' warrants to Roche Securities Ltd. The finders' warrants are exercisable at a price of five cents per share for two years from the date of issuance.

The securities issued are subject to a four-month-and-one-day hold from the date of issuance.

The proceeds from the offering will be for critical mineral exploration activities in Quebec.c.

We seek Safe Harbor.