Workflow
Q Precious & Battery Metals Corp. Announces Private Placement
Newsfileยท2025-10-16 19:23

Group 1 - The Company, Q Precious & Battery Metals Corp., is proposing a private placement offering consisting of up to 16,666,667 flow-through units at a price of $0.09 per unit, aiming for gross proceeds of up to $1,500,000 [1][2] - Each flow-through unit will include one flow-through common share and one-half of a non-flow-through common share purchase warrant, with each whole warrant allowing the purchase of an additional common share at $0.12 for two years [1][2] - The Offering is subject to approval from the Canadian Securities Exchange and the securities will have a statutory hold period of four months and one day from issuance [3] Group 2 - Subscribers can opt to purchase flow-through shares without warrants at the same price of $0.09 per share [2] - The Company may pay finder's fees of up to 10% in cash and issue finder's warrants equal to 5% of the number of units or shares sold, along with bonus shares equal to 4% of the number sold [2] - Proceeds from the Offering will be allocated to fund mineral exploration activities [3]