Q Precious & Battery Metals Corp. Clarifies Private Placement
Q Precious & Battery Metals Corp. Clarifies Private Placement
October 16, 2024 – Vancouver, British Columbia. Q Precious & Battery Metals Corp. (the “Company”)
(CSE: QMET) (Frankfurt: 0NB) (OTCPK: BTKRF) announces that it would like to clarify its press release
dated October 15, 2024, announcing a proposed non-flow through private placement for gross proceeds of
up to $625,000, issuing a total of up 12,500,000 Units (as defined below) at a price of $0.05 per Unit subject
to CSE approval.
The Company would like to clarify that each Unit consists of one non-flow-through common share and one
half of one share purchase warrant (each whole warrant a “Warrant”). Each Warrant will entitle the holder
to purchase a non-flow through common share at a price of $0. 075 per share for a two -year term (the
“Warrant Term”).
The Company will pay finders fees of up to 10% cash and 10% Warrants to eligible finders.
The securities issued will be subject to a four month and one day hold from the date of issuance.
The proceeds from the offering will be for mineral exploration activities and general working capital.
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 ev ents 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 re sults 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 p lace 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.sedar.com.