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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