Q Precious & Battery Metals Corp. Closes Private Placement
Q Precious & Battery Metals Corp. Closes Private Placement
December 19, 2024 – Vancouver, British Columbia. Q Precious & Battery Metals Corp. (the “Company”)
(CSE: QMET) (Frankfurt: 0NB) (OTCPK: BTKRF) announces they have closed their private placement
announced December 4, 2024 for gross proceeds of $735, 750.30 issuing a combination of flow -through
units (“FT Units”) at a price of 0.10 per FT Unit and non-flow through units (“NFT Units”) at a price of $0.075
per NFT Unit subject to CSE approval.
Each FT Unit consists of one flow-through common share and one half of one whole share purchase warrant
(each whole warrant a “Warrant”). Each NTF Unit consists of one non-flow-through common share and
one half of one whole Warrant. Each Warrant will entitle the holder to purchase a common share at a price
of $0.12 per share for a two-year term (the “Warrant Term”).
The Company paid finders fees of $45,500.03 and 435,000 finder’s warrants (the “Finder’s Warrants”) to
eligible finders. Each Finder’s Warrant shall be exercisable at a price of $0.10 per share for a two year term.
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 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.sedar.com.