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Q Precious & Battery Metals Advances with Private Placement and Matane Acquisition

Story Highlights

Q Precious & Battery Metals ( (TSE:QMET) ) has shared an announcement.

Q Precious & Battery Metals Corp. has successfully closed the first tranche of its private placement, raising over $536,000 to fund mineral and gas exploration and general working capital. Additionally, the company has finalized the acquisition of the Matane hydrogen project, issuing shares and granting royalties to the sellers and Quebec Innovative Materials Corp., which positions the company to expand its presence in the hydrogen market.

More about Q Precious & Battery Metals

Q Precious & Battery Metals Corp. operates in the precious and battery metals industry, focusing on mineral and gas exploration activities. The company is engaged in projects that include the Matane hydrogen project, reflecting its interest in expanding into hydrogen and mineral resources.

YTD Price Performance: -17.14%

Average Trading Volume: 34,776

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $2.12M

See more insights into QMET stock on TipRanks’ Stock Analysis page.

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