Q Precious & Battery Metals Corp. Announces Closing of Oversubscribed Final Tranche of Private Placement

Core Points - Q Precious & Battery Metals Corp. has successfully closed the fourth and final tranche of its private placement offering, which was oversubscribed [1][2]. Group 1: Offering Details - In the fourth tranche, the company issued 2,947,000 flow-through units at a price of $0.09 per unit, generating gross proceeds of $265,230 [2]. - Additionally, the company issued 2,222,222 flow-through shares at the same price, resulting in gross proceeds of $199,999.98 [3]. - The total gross amount received from this tranche is $465,229.98, with finder's fees amounting to $42,293 in cash, along with 234,961 finder's warrants and 187,969 compensation shares [3]. Group 2: Use of Proceeds - The proceeds from the offerings will be allocated to fund mineral exploration activities [4]. - The offering is subject to approval from the Canadian Securities Exchange, and the securities issued will have a statutory hold period of four months and one day from the issuance date [4].