22:34:34 EDT Fri 09 May 2025
Enter Symbol
or Name
USA
CA



Q Precious & Battery Metals Corp (2)
Symbol QMET
Shares Issued 58,278,327
Close 2025-05-09 C$ 0.045
Market Cap C$ 2,622,525
Recent Sedar Documents

Q Precious closes $200,000 first tranche of financing

2025-05-09 16:23 ET - News Release

Mr. Richard Penn reports

Q PRECIOUS & BATTERY METALS CORP. ANNOUNCES PRIVATE PLACEMENT

Q Precious & Battery Metals Corp. has closed the first tranche of its private placement announced April 22, 2025, for gross proceeds of $200,000 issuing four million flow-through units at a price of five cents per flow-through unit.

The offering is for up to 10 million flow-through units at a price of five cents per flow-through unit for gross proceeds of up to $500,000. Each flow-through unit consists of one flow-through common share and one whole warrant. Each warrant will entitle the holder to purchase a common share at a price of seven cents per share for a three-year term.

The company paid finders' fees of $20,000 in cash and issued 400,000 finder warrants. Each finder warrant will be exercisable at a price of five cents per share for a term of three years.

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

The proceeds from the offering will be used for mineral and gas exploration activities.

We seek Safe Harbor.

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