Q Precious & Battery Metals Corp. Terminates Sale of Lorrain Project to 1444900 BC Ltd
Q Precious & Battery Metals Corp. Terminates Sale o f Lorrain Project to 1444900 BC Ltd
October 21, 2024 – Vancouver, British Columbia. Q Precious & Battery Metals Corp. (the “Company ”)
(CSE: QMET) (Frankfurt: 0NB) (OTCPK: BTKRF) is plea sed to announce that it has entered into a Mutual
Termination and Settlement Agreement with 1444900 B C Ltd., effectively ending the Purchase and Sale
Agreement dated January 4, 2024, concerning the Lorrain mineral claims (see press release dated January
18, 2024).
Under the terms of the agreement, both companies ha ve released each other from any claims, liabilities ,
or obligations related to the original agreement. T he Company no longer is required to transfer all ri ghts,
titles, and interests in the Lorrain mineral claims to 1444900 BC. In return, the Company will no long er
receive 1,000,000 common shares of 1444900 BC.
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 expenditure s.
Forward-looking information is frequently character ized by words such as “plan”, “expect”, “project”,
“intend”, “believe”, “anticipate”, “estimate” and o ther similar words, or statements that certain even ts or
conditions “may” or “will” occur. Forward-looking s tatements are based on the opinions and estimates a t
the date the statements are made, and are subject t o a variety of risks and uncertainties and other fa ctors
that could cause actual events or results to differ materially from those anticipated in the forward-l ooking
statements including, but not limited to delays or uncertainties with regulatory approvals, including that of
the CSE, inability to effectively plan a program, t hird party land claims or failure to obtain permits . There
are uncertainties inherent in forward-looking infor mation, including factors beyond the Company’s cont rol.
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 describ ed 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 risk s and uncertainties that could affect financial res ults is
contained in the Company’s filings with Canadian se curities regulators, which are available at
www.sedar.com.