Q PRECIOUS CLOSES $324,000 PRIVATE PLACEMENT

Mr. Richard Penn reports

Q PRECIOUS & BATTERY METALS CORP. CLOSES PRIVATE PLACEMENT

Q Precious & Battery Metals Corp. has closed a private placement previously announced Oct. 16, 2024. The company issued a total of 6.48 million units at a price of five cents per unit for total aggregate proceeds of $324,000.

Each unit consists of one common share and one-half of one share purchase warrant. Each warrant will entitle the holder to purchase a common share at a price of 7.5 cents per share for a two-year term.

One insider participated in the private placement, purchasing a total of 400,000 units for $20,000.

The company paid finders' fees to Leede Financial Inc. and Roche Securities Ltd. consisting of $3,000 cash and 60,000 finder warrants. The finder warrants are exercisable at a price of 7.5 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 general working capital and mineral exploration.

We seek Safe Harbor.