Q Precious & Battery Metals Corp. Closes Private Placement Tranche and Grants Options
Q Precious & Battery Metals Corp. Closes Private Placement Tranche and Grants Options
August 8, 2025 – Vancouver, British Columbia. Q Precious & Battery Metals Corp. (the “Company”) (CSE: QMET) (Frankfurt: 0NB) (OTCPK: BTKRF) announces that it has closed the second and final tranche of its previously announced private placement offerings (the “Offering”) (see press releases dated July 3, 2025, July 11, 2025 and July 17, 2025).
The Company issued 5,700,000 flow-through units (“FT Units”) at a price of $0.05 per FT Unit for gross proceeds of $285,000. Each FT Unit consists of one flow-through common share and one whole warrant (an “FT Unit Warrant”). Each FT Unit Warrant entitles the holder to purchase one common share at a price of $0.07 per share for a term of three years from the date of closing.
The Company paid finders’ fees of up to 10% in cash and issued finder’s warrants (the “Finder’s Warrants”) equal to 10% of the number FT Units sold to eligible finders. Each Finder’s Warrant is exercisable at a price of $0.05 per share for a term of three years.
The proceeds from the Offerings will be used for mineral and gas exploration activities and general working capital.
The Company also announces that the Company has granted 950,000 stock options with a three year term and an exercise price of $0.05 per share to consultants of the Company.
The Offering and the stock option grant are subject to the approval of the Canadian Securities Exchange. The securities issued are subject to a hold period of four months and one day from the date of issuance.
On behalf of the Board of Directors
Richard Penn CEO (778) 384-8923
Cautionary Statement
Except for statements of historic fact, this news release contains certain “forward-looking information” within the meaning of applicable securities law including statements relating exploration program expenditures. Forward-looking information is frequently characterized by words such as “plan”, “expect”, “project”, “intend”, “believe”, “anticipate”, “estimate” and other similar words, or statements that certain events or conditions “may” or “will” occur. Forward-looking statements are based on the opinions and estimates at the date the statements are made, and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those anticipated in the forward-looking statements including, but not limited to delays or uncertainties with regulatory approvals, including that of the CSE, inability to effectively plan a program, third party land claims or failure to obtain permits. There are uncertainties inherent in forward-looking information, including factors beyond the Company’s control. There are no assurances that the business plans for the Company as described in this news release will come into effect on the terms or time frame described herein. The Company undertakes no obligation to update forward-looking information if circumstances or management’s estimates or opinions should change except as required by law. The reader is cautioned not to place undue reliance on forward-looking statements. Additional information identifying risks and uncertainties that could affect financial results is contained in the Company’s filings with Canadian securities regulators, which are available at www.sedarplus.ca.