Q Precious & Battery Metals Corp. Enters Acquisition Agreement to Significantly Expand Nova Scotia Hydrogen Land Position

Core Insights - Q Precious & Battery Metals Corp. has entered into an acquisition agreement to acquire the Dansof project in Nova Scotia, increasing its claims from 559 to 1,915, thus tripling its land position and making it one of the largest hydrogen exploration claim holders in the region [1][2] Acquisition Details - The acquisition involves a non-refundable cash payment of $50,000 and the issuance of 10,000,000 common shares to the sellers, along with a 2.0% royalty on revenues from the sale of hydrogen or other minerals [3] - QMET has the option to repurchase 50% of the sellers' royalty for $2,000,000 [3] Strategic Positioning - The Dansof project is strategically located adjacent to Quebec Innovative Materials Corp.'s hydrogen properties, where significant natural hydrogen discoveries have been confirmed [2] - The licenses were selected based on established exploration models to enable district-scale hydrogen exploration [2] Leadership and Expertise - Pam Sangster has been appointed as Strategic Advisor, bringing over 30 years of experience in the mineral resource sector, which will enhance the company's strategy in expanding its hydrogen holdings [5][6]