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Quebec Silica Resources Corp. ( (TSE:QIMC) ) has provided an update.
QIMC’s U.S. special-purpose vehicle, Orvian, in partnership with Black Tree Energy Group, has been awarded two Resource Grant Rights Agreements (RGRAs) by the State of Minnesota. These grants will facilitate the exploration and development of natural hydrogen in the Mesabi Iron Range, positioning Minnesota as a leader in clean energy innovation. This strategic move enhances QIMC’s exploration portfolio and underscores the company’s leadership in the emerging natural hydrogen sector, promising significant economic benefits for local communities.
More about Quebec Silica Resources Corp.
Québec Innovative Materials Corp. (QIMC) operates in the natural hydrogen exploration industry, focusing on the development of clean, renewable energy resources. The company utilizes proprietary methodologies for hydrogen exploration and has demonstrated success in district-scale discoveries across multiple Canadian jurisdictions.
Average Trading Volume: 1,204,121
Technical Sentiment Signal: Buy
Current Market Cap: C$54.68M
Learn more about QIMC stock on TipRanks’ Stock Analysis page.