QMET Acknowledges Regulatory Approval Granted to Québec Innovative Materials Corp. in Nova Scotia and Highlights Positive Momentum for Cumberland Basin Activities
Nova .Nova .(US:NVMI) TMX Newsfile·2026-02-05 14:00

Core Viewpoint - Q Precious & Battery Metals Corp. (QMET) acknowledges the regulatory approval received by Québec Innovative Materials Corp. (QIMC) for drilling activities in Nova Scotia, marking a significant advancement in natural hydrogen exploration in the region [1][2]. Group 1: Regulatory Approval and Collaboration - QMET congratulates QIMC on achieving the regulatory milestone, which is seen as a constructive development for QMET's own exploration initiatives in Nova Scotia [2][3]. - QMET maintains a working relationship with QIMC, which is leading QMET's exploration program in Nova Scotia, indicating that QIMC's regulatory progress is beneficial for QMET's exploration efforts [3][4]. Group 2: Exploration Strategy and Market Context - QMET is advancing its Cumberland Basin Project through a disciplined approach focused on geological interpretation, data integration, and stakeholder engagement, which is expected to enhance understanding of regional geological potential [4][5]. - The company emphasizes the importance of energy security and the need for low-carbon energy solutions, aligning its exploration activities with the growing demand for off-grid energy sources, particularly for power-intensive infrastructure [5]. Group 3: Company Overview - Q Precious & Battery Metals Corp. is a Canadian natural resource exploration company with 100% ownership of mineral projects in Quebec and Nova Scotia, focusing on critical and precious metals, as well as natural white hydrogen [6].

Nova .-QMET Acknowledges Regulatory Approval Granted to Québec Innovative Materials Corp. in Nova Scotia and Highlights Positive Momentum for Cumberland Basin Activities - Reportify