Q PRECIOUS PLANS 1:10 ROLLBACK

Mr. Richard Penn reports

Q PRECIOUS & BATTERY METALS CORP. TO COMPLETE SHARE CONSOLIDATION

Q Precious & Battery Metals Corp. plans to consolidate its issued and outstanding common shares at a ratio of one postconsolidation share for 10 preconsolidated shares. The purpose of the consolidation is to facilitate the company's ability to attract future financings, generate greater investor interest and improve trading liquidity.

The company currently has 112,180,133 common shares issued and outstanding. Upon completion of the consolidation, the company will have approximately 11,218,013 common shares issued and outstanding. The anticipated effective date of the consolidation is Oct. 1, 2024, with a record date of Oct. 1, 2024.

In accordance with the company's articles, the consolidation will not require the approval of the shareholders. The consolidation is subject to the acceptance of the Canadian Securities Exchange.

We seek Safe Harbor.