Q Precious Battery Metals Acquires Hydrogen Project, Cooperates with Québec Innovative Materials
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Editorial Team
Rundes Icon von GOLDINVEST - Das Investor-Magazin für Rohstoff-News und Rohstoff-Aktien
Editorial Team

Setting the Course for a Promising Future

In the Canadian province of Québec, Q Precious Battery Metals (CSE: QMET, WKN: A40QEV) has acquired a natural hydrogen exploration property in the Appalachian region. At the same time, the company announced that it has entered into a cooperation agreement with Québec Innovative Materials Corp., North America’s leading company for the exploration of natural hydrogen deposits.

With this double coup, Q Precious Battery Metals significantly expands its involvement in critical minerals and energy transition. Unlike many competitors who are also pursuing the exploration and development of critical mineral deposits, the company will now also focus on researching and developing natural hydrogen deposits. This means Q Precious Battery Metals is slowly but surely growing into an important developer of strategic resources in the province of Québec and beyond.

The newly acquired Matane hydrogen project by QMET includes a highly promising exploration area located in a transition zone between the Cambro-Ordovician and Siluro-Devonian rock formations. Over 80 claims were acquired, extending 26 kilometers along the Schickshock-South fault zone. It represents a well-defined structure with strong geological indicators for the formation of natural hydrogen.

The unique geological composition of the Matane region is characterized by basaltic and peridotitic parent rocks, tectonized zones, and deep fault systems. This provides an exceptional environment for hydrogen generation through oxidative hydrolysis and radiolytic reactions. The presence of porous and permeable sedimentary formations further increases the potential for hydrogen accumulation, making the acquisition a strategic addition to Q Precious Battery Metals’ portfolio.

Collaboration with North America’s Leading Developer of Hydrogen Projects

In addition to the acquisition of the hydrogen project, Q Precious Battery Metals has entered into a strategic cooperation agreement with Québec Innovative Materials Corp. This secures QMET access to the partner’s state-of-the-art expertise in hydrogen exploration and development. Québec Innovative Materials is not just any company developing hydrogen projects in North America, but the undisputed market leader. As such, they have achieved groundbreaking results in their properties in Québec, with hydrogen concentrations of over 7,000 ppm and the near-complete absence of carbon dioxide (CO2) and methane (CH4).

Québec Innovative Materials will therefore also be able to provide technical insights and operational support for QMET to optimize exploration and resource validation in Matane. In addition to the extraction of natural hydrogen in Matane, the agreement also aims to accelerate the exploration of natural hydrogen in the region by combining Q Precious Battery Metals’ in-depth geological expertise with QIMC’s practical experience and innovative methods.

Short-term Capital Increase to Enable the Acquisition

The project was acquired from Zadkiel Holdings Inc. for a price of $25,000 USD plus the transfer of 6,000,000 common shares of Q Precious Battery Metals. Québec Innovative Materials will be compensated with 4,000,000 QMET common shares for its services, with the issued shares required to be held for at least four months and one day.

Furthermore, Q Precious Battery Metals has granted the sellers and QIMC a royalty of 2.0 percent on revenues from the sale of hydrogen or other minerals extracted from the property. To finance the corresponding expenses, Q Precious Battery Metals will conduct a capital measure in the coming weeks, which is expected to yield a minimum proceeds of $500,000 USD.

Q Precious Battery Metals Sets the Course for a Promising Future

For Q Precious Battery Metals, the acquisition of the Matane hydrogen project therefore represents a significant milestone, as the company is not only expanding its presence in the rapidly growing natural hydrogen sector. The geological characteristics of the project also perfectly align with its own mission, which is to sustainably develop Québec’s energy potential.

In the coming months, the two companies will therefore begin fieldwork and data collection, initially conducting geological surveys, geochemical sampling, and targeted drilling programs. Intensive cooperation with local communities and stakeholders is also sought to ensure responsible resource development that aligns with environmental and regulatory standards.

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