03:20:05 EDT Sat 10 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

Subject: Press Release/News Attached for Distribution on Stockwatch.com PDF Document

File: Attachment 250509 News Release close PP.v2.pdf

Q Precious & Battery Metals Corp. Announces Private Placement

May 9, 2025 Vancouver, British Columbia. Q Precious & Battery Metals Corp. (the "Company") (CSE: QMET) (Frankfurt: 0NB) (OTCPK: BTKRF) announces they have closed the first tranche of their private placement announced April 22, 2025, for gross proceeds of $200,000 issuing 4,000,000 flow-through units ("FT Units") at a price of 0.05 per FT Unit.

The Offering is for up to 10,000,000 flow through units ("FT Units") at a price of $0.05 per FT Unit for gross proceeds of up to $500,000. Each FT 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 $0.07 per share for a three-year term (the "Warrant Term").

The Company paid finder's fees of $20,000 in cash and issued 400,000 finder's warrants (the "Finder's Warrants"). Each Finder's Warrant will be exercisable at a price of $0.05 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.

On behalf of the Board of Directors

Richard Penn CEO (778) 384-8923

Cautionary Statement Except for statements of historic fact, this news release contains certain "forward-looking information" within the meaning of applicable securities law including statements relating exploration program expenditures. Forward-looking information is frequently characterized by words such as "plan", "expect", "project", "intend", "believe", "anticipate", "estimate" and other similar words, or statements that certain events or conditions "may" or "will" occur. Forward-looking statements are based on the opinions and estimates at the date the statements are made, and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those anticipated in the forward-looking statements including, but not limited to delays or uncertainties with regulatory approvals, including that of the CSE, inability to effectively plan a program, third party land claims or failure to obtain permits. There are uncertainties inherent in forward-looking information, including factors beyond the Company's control. There are no assurances that the business plans for the Company as described in this news release will come into effect on the terms or time frame described herein. The Company undertakes no obligation to update forward-looking information if circumstances or management's estimates or opinions should change except as required by law. The reader is cautioned not to place undue reliance on forward-looking statements. Additional information identifying risks and uncertainties that could affect financial results is contained in the Company's filings with Canadian securities regulators, which are available at www.sedarplus.ca.

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