Q PRECIOUS SIGNS DEAL TO ACQUIRE COLCHESTER PROJECT

Mr. Richard Penn reports

QMET ENTERS AGREEMENT TO ACQUIRE COLCHESTER NATURAL HYDROGEN EXPLORATION ASSETS ADJACENT TO QIMC'S NOVA SCOTIA HYDROGEN DISTRICT AND EXPANDS QIMC COLLABORATION

Q Precious & Battery Metals Corp. has entered into an acquisition agreement with the beneficial owners of the Colchester project. The Colchester project comprises seven licences totalling 559 claims, covering an area of 89.44 square kilometres, strategically positioned adjacent to Quebec Innovative Materials Corp.'s Nova Scotia hydrogen district.

Under the terms of the acquisition agreement the company is required to may a non-refundable $25,000 payment and issue eight million common shares to the sellers in exchange for the Colchester project. In addition, Q Precious & Battery Metals 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 seller 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 will be subject to a four-month-and-one-day hold from the date of issuance.

This acquisition significantly enhances Q Precious & Battery Metals' natural hydrogen exploration portfolio and positions the company to capitalize on significant growth opportunities within the rapidly developing renewable clean natural hydrogen sector.

The Colchester project is strategically positioned to leverage known geological conditions ideal for natural hydrogen and helium production. The region features deep geological structures, significant sedimentary depth exceeding seven kilometres and strong geothermal gradients, which together create optimal conditions for natural hydrogen generation, accumulation and potential storage.

Utilizing Quebec Innovative Materials' proven exploration model developed at its successful St-Bruno-de-Guigues property in Quebec -- where recent exploration has yielded significant renewable natural hydrogen discoveries -- Q Precious & Battery Metals aims to replicate and accelerate exploration success within the Cumberland basin. This region shares key geological characteristics with globally recognized hydrogen-rich basins, such as France's Lorraine basin.

The presence of the extensive Cobequid-Chedabucto fault system further supports the project's significant hydrogen potential as these deep geological faults facilitate hydrogen production through specific mineral interactions.

In addition, Q Precious & Battery Metals and Quebec Innovative Materials have expanded their existing natural hydrogen strategic collaboration agreement to specifically include Nova Scotia-based natural hydrogen exploration and development efforts. This enhanced partnership will streamline operations, optimize resource allocation and accelerate project milestones, providing a distinct strategic advantage for both companies and their shareholders.

Richard Penn, Q Precious & Battery Metals' chief executive officer, stated: "This strategic acquisition next to QIMC's established district positions us exceptionally well in Canada's fast-emerging natural hydrogen market. By collaborating with an established leader like QIMC, we are uniquely positioned to rapidly advance exploration, efficiently manage our resources and deliver significant value to shareholders. This collaboration significantly accelerates our path toward commercializing natural hydrogen resources, offering substantial growth opportunities."

John Karagiannidis, Quebec Innovative Materials' chief executive officer, added: "We are pleased to expand our natural hydrogen strategic relationship with QMET into Nova Scotia, leveraging our leading expertise and resources to unlock the significant natural hydrogen potential of Nova Scotia. This collaborative effort further positions both companies to achieve successful exploration outcomes and contributes positively to the advancement of Canada's natural hydrogen sector."

Further updates on exploration plans, key milestones and timelines will be provided in the near term.

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 LaCorne South critical minerals project and the Matane natural hydrogen project in a strategic collaboration with Quebec Innovative Materials.

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