M&A / Property
Q Precious acquires 248 claims in Nova Scotia

QMET · Price
Executive Summary
- Q Precious & Battery Metals Corp. acquired four additional licences in Nova Scotia, adding 248 claims and bringing its total to 35 licences (2,173+ claims), making it the second‑largest holder in the province’s hydrogen districts.
- The new ground is adjacent to Quebec Innovative Materials Corp.’s Southampton area and QMET’s own Springhill area, locations with recent positive natural‑hydrogen exploration results.
- The company announced upcoming Phase 3 and Phase 4 exploration programs slated for October 5 2025, with partners Quebec Innovative Materials and INRS returning to the region.
Key Details
- Acquisition: 4 licences → 248 new claims; total holdings now 35 licences covering >2,173 claims in Nova Scotia’s hydrogen districts.
- Strategic Positioning: New claims border QIMC’s Southampton area and QMET’s Springhill area, both recently highlighted for strong natural‑hydrogen results.
- Rationale: Expansion intended to “materially increase the development of the surrounding acreage” and enhance exposure to clean natural hydrogen districts.
- Exploration Schedule: Partners (Quebec Innovative Materials & INRS) will be on‑site Oct 5 2025 to commence Phase 3 and Phase 4 fieldwork across the enlarged land package.
- Program Focus: Expand data sets, refine exploration model, and prepare for larger‑scale development of contiguous land position.
- Legislative Support: Company applauds Nova Scotia’s new pro‑growth legislation aimed at streamlining permitting and supporting responsible natural‑resource development.
Notable Quotes
“Our decision to expand directly next to QIMC's Southampton claims was driven by the recent technical results recently released from that area,” – Richard Penn, CEO
“These upcoming phases will allow us to build on the success at Southampton and Springhill area, refine our exploration model across a much larger, contiguous land position,” – Richard Penn, CEO
More from Q Precious & Battery Metals Corp
Feb 25, 2026 · 16:19