Q PRECIOUS CLOSES $283,700 SECOND TRANCHE OF PLACEMENT

Mr. Richard Penn reports

Q PRECIOUS & BATTERY METALS CORP. ANNOUNCES CLOSING OF SECOND TRANCHE OF PRIVATE PLACEMENT

Q Precious & Battery Metals Corp. has closed the second tranche of its previously announced private placement offering (see press releases dated Oct. 16, 2025, and Oct. 23, 2025).

The company issued 3,152,223 flow-through units at a price of nine cents per FT unit for gross proceeds of $283,700.07. Each FT unit consists of one flow-through common share and one-half of one share purchase warrant. Each whole FT unit warrant entitles the holder to purchase one common share at a price of 12 cents per share for a term of two years from the date of closing.

The company paid finders' fees to eligible finders of $28,370 in cash, issued 157,611 finders' warrants and issued 126,088 compensation shares. Each finder's warrant is exercisable at a price of nine cents per share for a term of two years.

The proceeds from the offerings will be used to finance mineral exploration activities.

The offering is subject to the approval of the Canadian Securities Exchange. The securities issued pursuant to the offering will be subject to a statutory hold period of four months and one day from the date of issuance.

We seek Safe Harbor.