QMET Acknowledges Regulatory Approval Granted to Quebec Innovative Materials Corp. in Nova Scotia and Highlights Positive Momentum for Cumberland Basin Activities

Executive Summary

• Québec Innovative Materials Corp. (QIMC) received Nova Scotia regulator approval to drill in the West Advocate area of Cumberland County.
• Q Precious & Battery Metals Corp. (QMET) highlights this regulatory milestone as a positive step for its own natural hydrogen exploration program in Nova Scotia.
• The announcement underscores continued collaboration between QMET and QIMC and reinforces QMET’s strategic focus on de‑risking its Cumberland Basin Project.

Key Details

• Regulatory Approval: Nova Scotia regulators authorized drilling activities for QIMC in the West Advocate area, Cumberland County.
• Collaboration Context: QIMC leads and advances QMET’s exploration program in Nova Scotia under a working relationship with QMET.
• Strategic Significance: QMET views the approval as constructive for its own exploration initiatives and as evidence of progress toward natural hydrogen discovery in the region.
• Exploration Approach: QMET continues a disciplined, methodical approach emphasizing geological interpretation, data integration, and stakeholder engagement across the Cumberland Basin.
• Market Relevance: The company links its hydrogen exploration to growing demand for off‑grid, low‑carbon energy solutions driven by AI data centers and high‑performance computing facilities.
• Quote: “Achieving regulatory approval for drilling is a meaningful milestone in any exploration program,” said Richard Penn, CEO of Q Precious & Battery Metals Corp.

Notable Quotes

"We congratulate QIMC on this accomplishment and view it as a positive development for ongoing exploration activity in the Cumberland Basin." – Richard Penn, Chief Executive Officer, Q Precious & Battery Metals Corp.