Q Precious & Battery Metals Corp. Closes Flow Through Private Placement
Q Precious & Battery Metals Corp. Closes Flow Through Private Placement
July 16, 2024 – Vancouver, British Columbia. Q Precious & Battery Metals Corp. (the “Company”) (CSE:
QMET) (Frankfurt: 0NB) (OTCPK: BTKRF) announces that it has closed a flow through private placement
previously announced July 9, 2024. The Company issued a total of 7,749,999 Units at a price of $0.015 per
Unit for total aggregate proceeds of $116,249.99.
Each Unit consists of one flow-through common share and one half of one non-flow through share purchase
warrant (each whole warrant a “Warrant”). Each Warrant will entitle the holder to purchase a non -flow
through share at a price of $0.05 per share for a two-year term (the “Warrant Term”).
One Insider participated in the private placement, purchasing a total of 1,000,000 Units for $15,000.
The Company paid finders fees to EMD Financial consisting of $5,500 cash, 146,666 finders warrants and
183,333 compensation shares. The finders’ warrants are exercisable at a price of $0.05 per share for 2
years from the date of issuance.
The securities issued are subject to a four month and one day hold from the date of issuance.
The proceeds from the offering will be for critical mineral exploration activities in Quebec.
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 resul ts is
contained in the Company’s filings with Canadian securities regulators, which are available at
www.sedar.com.