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HHE.CN ·

Q Precious & Battery Metals Corp. Closes Debt Settlement

Share Capital & Compensation

Q PRECIOUS & BATTERY METALS CORP.

500- 666 Burrard Street

Vancouver, BC, V6C 3P6

Q PRECIOUS & BATTERY METALS CORP. CLOSES DEBT SETTLEMENT

November 29, 2024 – Vancouver, British Columbia. Q Precious & Battery Metals Corp. (the “Company”)

(CSE: QMET) (Frankfurt: 0NB) (OTCPK: BTKRF) is pleased to announce that it has closed its previously

announced proposed debt settlement (see press release dated November 20, 2024). The Company settled

outstanding indebtedness of up to $250,944 in exchange for an aggregate of up to 3,345,916 common

shares of the Company at a price of $0.075 per common share.

The securities will be subject to a four month and one day hold from the date of issuance. In addition, the

debt settlement is subject to the approval of the CSE.

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 frequent ly 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 opinion s 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 a nd uncertainties that could affect financial results is

contained in the Company’s filings with Canadian securities regulators, which are available at

www.sedarplus.ca.