Q Precious closes third tranche of financing

Executive Summary

• Q Precious & Battery Metals Corp. closed the third tranche of its private placement, issuing 735,133 flow‑through units at $0.09 per unit for gross proceeds of $66,192.
• The financing includes finders’ fees of $6,616 paid in cash, issuance of 36,756 finders’ warrants and 29,405 compensation shares.
• Proceeds are earmarked to fund mineral exploration activities; securities are subject to a four‑month‑plus statutory hold period.

Key Details

• Units Issued: 735,133 flow‑through (FT) units at $0.09 per unit.
• Gross Proceeds: $66,192.
• Unit Composition: Each FT unit = one flow‑through common share + ½ share purchase warrant.
• Warrant Terms (Units): Whole warrant allows purchase of one common share at $0.12 per share; two‑year term from closing date.
• Finders’ Fees Paid: $6,616 in cash.
• Finders’ Warrants Issued: 36,756 warrants, exercisable at $0.09 per share for a two‑year term.
• Compensation Shares Issued: 29,405 shares.
• Use of Proceeds: To finance mineral exploration activities.
• Regulatory Conditions: Offering subject to approval by the Canadian Securities Exchange; securities subject to statutory hold period of four months and one day from issuance.

Notable Quotes

(No executive quotes provided in the release.)