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Q Precious & Battery Metals Corp. Closes Agreement to Acquire Dansof Natural Hydrogen Exploration Assets
Newsfile· 2025-09-19 21:31
Core Insights - Q Precious & Battery Metals Corp. has successfully closed the acquisition of the Dansof project, which includes 23 licenses totaling 1356 claims, located near Quebec Innovative Materials Corp.'s hydrogen district in Nova Scotia [1][2]. Acquisition Details - The acquisition involved a non-refundable payment of $50,000 and the issuance of 10,000,000 common shares to the sellers [2]. - The sellers will receive a 2.0% royalty on revenues from the sale of hydrogen or other minerals from the property, with the option for QMET to purchase 50% of this royalty for $2,000,000 [2]. Company Overview - Q Precious & Battery Metals focuses on exploration programs in Quebec, targeting critical and precious metals as well as natural hydrogen [3]. - The company's projects include the McKenzie East Gold Project, LaCorne South Critical Minerals Project, and the Matane and Colchester Natural Hydrogen Projects, in collaboration with Quebec Innovative Materials Corp. [3].
Q Precious & Battery Metals Corp. Enters Acquisition Agreement to Significantly Expand Nova Scotia Hydrogen Land Position
Newsfile· 2025-09-11 11:00
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]
QMET Announces Nova Scotia Natural Clean Hydrogen Soil Sampling Program in Collaboration with QIMC, INRS, and Temiscamingue First Nations
Newsfile· 2025-07-22 12:55
Core Viewpoint - Q Precious & Battery Metals Corp. has initiated a soil sampling and exploration program for natural hydrogen in Nova Scotia, collaborating with Québec Innovative Materials Corp., the Institut National de la Recherche Scientifique, and the Temiscamingue First Nations [1][2][4]. Group 1: Program Details - The soil sampling program is led by QIMC and INRS, utilizing their successful exploration model from the St-Bruno-de-Guigues project in Quebec to identify and evaluate natural hydrogen assets in Nova Scotia [2]. - The program will employ non-invasive soil gas sampling techniques and geophysical surveys, with data collected guiding subsequent phases of the initiative [4]. Group 2: Community Engagement - The Temiscamingue First Nations will actively participate in the program, contributing traditional ecological knowledge and a commitment to sustainable resource management, enhancing the exploration's integrity [3]. Group 3: Company Commitment - Q Precious & Battery Metals Corp. emphasizes its commitment to environmental stewardship, community engagement, and sustainable development that aligns with Nova Scotia's energy and environmental objectives [5].