Canadian Securities Exchange: QIMC Frankfurt Exchange: 7FJ Qi Materials Appoints Patrick Levasseur as Interim Chief Executive Officer
QUÉBEC INNOVATIVE MATERIALS CORP.
CANADIAN SECURITIES EXCHANGE: QIMC
FRANKFURT EXCHANGE: 7FJ
QI MATERIALS APPOINTS PATRICK LEVASSEUR AS INTERIM CHIEF EXECUTIVE OFFICER
Lachute, Québec, March 01, 2024 – Québec Innovative Materials Corp. (“QI Materials”, “QIMC”,
or the “ Company”) (CSE: QIMC; FSE: 7FJ) announces that Patrick Levasseur, a director of the
Company, has been appointed Interim Chief Executive Officer. This appointment follows the
decision from Raymond Wladichuk to resign his position as Chief Executive Officer, effective
March 1, 2024.
“I am honoured to be appointed as Interim Chief Executive Officer of QIMC and am looking
forward to contributing to the next chapter of QIMC’s story.” said Mr. Levasseur.
The Company would like to extend its gratitude to Mr. Wladichuk for his guidance and
leadership. Raymond is the geologist credited for identifying, staking, and making the 2023
quartzite discoveries on the Charlevoix silica project.
About Patrick Levasseur
Mr. Levasseur has served as a director of the Company since March 2022. He is currently an
independent board member of HPQ Silicon Resource Corp. (TSX -V: HPQ) as well as President &
CEO of Beauce Gold Fields (TSX -V: BGF). Additionally, Patrick has ten years of capital markets
experience with various Canadian Securities firms.
About Québec Innovative Materials Corp.
Québec Innovative Materia ls Corp. (CSE: QIMC; FSE: 7FJ) (formerly Québec Silica Resources
Corp.) is a mineral exploration, and development company with a portfolio of natural resource
assets including high -grade silica, hydrogen, and helium properties. QIMC is working toward
becoming a sustainable supplier of resources which are essential in advanced batteries and the
electrification of the green economy. The Company has a 100% interest in the Charlevoix Silica
Project, near Clermont, Québec, Canada, the River Valley Silica Project near Sudbury, Canada, as
well as other mineral properties in Qu ébec. The Company also performs pilot processing on
industrial minerals, refining processes to create custom products.
Additional information on Québec Innovative Materials Corp.is available at
www.qimaterials.com.
On Behalf of the Board of Directors,
QUÉBEC INNOVATIVE MATERIALS CORP.
Patrick Levasseur
Interim Chief Executive Officer
Tel: +1 514-262-9239
For further information, please contact:
Email: [email protected]
Neither the Cana dian Securities Exchange nor it s Regulation Services Provider (as that term is
defined in the CSE policies) accepts responsibility for the adequacy or accuracy of this news
release and has neither approved nor disapproved the contents of this news release.
Forward-Looking Statements
This news release contains statements that constitute "forward-looking statements". Such forward-
looking statements involve known and unknown risks, uncertainties and other factors that may cause
Québec Innovative Materials’ actual results, performance or achievements, or developments in the
industry to differ materially from the anticipated results, performance or achievements expressed or
implied by such forward-looking statements. Forward-looking statements are statements that are not
historical facts and are generally, but not always, identified by the words "expects," "plans," "anticipates,"
"believes," "intends," "estimates," "projects," "potential" and similar expressions, or that events or
conditions "will," "would," "may," "could" or "should" occur.
Although Québec Innovative Materials believes the forward-looking information contained in this news
release is reasonable based on information available on the date hereof, by their nature, forward-looking
statements involve assumptions, known and unknown risks, uncertainties and other factors which may
cause our actual results, performance or achievements, or other future events, to be materially different
from any future results, performance or achievements expressed or implied by such forward-looking
statements.
Examples of such assumptions, risks and uncertainties include, without limitation, assumptions, risks and
uncertainties associated with general economic conditions; adverse industry events; future legislative and
regulatory developments in the mining sector; the Company's ability to access sufficient capital from
internal and external sources, and/or inability to access sufficient capital on favorable terms; mining
industry and markets in Canada and generally; the ability of Québec Innovative Materials Corp. to
implement its business strategies; competition; and other assumptions, risks and uncertainties.
The forward -looking information contained in this news release represents the expectations of the
Company as of the date of this news release and, accordingly, is subject to change after such date. Readers
should not place undue importance on forward- looking information and should not rely upon this
information as of any other date. While the Company may elect to, it does not undertake to update this
information at any particular time except as required in accordance with applicable laws.