QMET Closes Oversubscribed $465K Final Tranche, Completing Private Placement to Advance Exploration Programs
Q Precious & Battery Metals Corp. (CSE: QMET; FSE: 0NB; OTC Pink: BTKRF) (“QMET” or the “Company”) has announced the closing of the fourth and final tranche of its previously announced oversubscribed private placement, bringing the total proceeds from this financing to $465,229.98.
In this final tranche, QMET issued 2,947,000 flow-through units (FT Units) at $0.09 per unit, generating $265,230 in gross proceeds. Each FT Unit includes one flow-through common share and one-half of one share purchase warrant (each whole warrant exercisable at $0.12 per share for a period of two years).
The Company also issued 2,222,222 flow-through shares at $0.09 per share, for an additional $199,999.98 in proceeds. Combined, this tranche completes QMET’s oversubscribed offering, underscoring growing investor confidence in the Company’s expanding natural hydrogen and critical minerals portfolio.
Finder’s fees totaling $42,293 in cash were paid to eligible finders, along with 234,961 finder’s warrants (exercisable at $0.09 per share for two years) and 187,969 compensation shares.
All securities issued in the Offering are subject to a four-month and one-day statutory hold period, and the financing remains subject to final approval by the Canadian Securities Exchange (CSE).
“We’re very pleased with the strong market response to this financing,” said Richard Penn, CEO of QMET. “Investor demand has exceeded expectations, positioning us to move forward decisively with our 2026 exploration objectives. The proceeds will directly fund field programs and technical advancement across our portfolio, including our natural hydrogen and critical mineral projects in Nova Scotia and Québec.”
Funds from the offering will be allocated to exploration activities and field programs currently underway and planned for early 2026, including the Company’s hydrogen-focused work programs in Nova Scotia’s Colchester corridor, conducted in partnership with Québec Innovative Materials Corp. (QIMC).
This financing milestone follows a year of steady technical progress and market traction for QMET, which continues to position itself at the intersection of clean energy exploration and critical mineral discovery in eastern Canada.
Full press release is attached:
Vancouver, British Columbia--(Newsfile Corp. - December 9, 2025) - Q Precious & Battery Metals Corp. (CSE: QMET) (FSE: 0NB) (OTC Pink: BTKRF) (the "Company") announces that it has closed the fourth and final tranche of its previously announced private placement offering (the "Offering") (see press releases dated October 16, 2025, October 23, 2025, November 10, 2025 and November 14, 2025). This Offering has been Oversubscribed.
In its fourth and final tranche, the Company issued 2,947,000 flow-through units ("FT Units") at a price of $0.09 per FT Unit for gross proceeds of $265,230. Each FT Unit consists of one flow-through common share and one half of one share purchase warrant (a "FT Unit Warrant"). Each whole FT Unit Warrant entitles the holder to purchase one common share at a price of $0.12 per share for a term of two years from the date of closing.
The Company also issued 2,222,222 flow-through shares ("FT Shares") at a price of $0.09 per FT Share for gross proceeds of $199,999.98
The total gross amount received for this fourth and final oversubscribed tranche is $465,229.98.
The Company paid finder's fees to eligible finders of $42,293 in cash, issued 234,961 finder's warrants (the "Finder's Warrants"), and issued 187,969 compensation shares. Each Finder's Warrant is exercisable at a price of $0.09 per share for a term of two years.
The proceeds from the Offerings will be used to fund mineral exploration activities.
The Offering is subject to the approval of the Canadian Securities Exchange. The securities issued pursuant to the Offering will be subject to a statutory hold period of four months and one day from the date of issuance.
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 results is contained in the Company's filings with Canadian securities regulators, which are available at www.sedarplus.ca.
