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The latest announcement is out from Q Precious & Battery Metals ( (TSE:QMET) ).
Q Precious & Battery Metals Corp. has finalized an acquisition agreement to obtain the Dansof Natural Hydrogen Exploration Assets, which include 23 licenses and 1356 claims adjacent to Quebec Innovative Materials Corp.’s Nova Scotia hydrogen district. This strategic acquisition involves a non-refundable payment and issuance of common shares to the sellers, along with a royalty agreement on future revenues from the property. The move is expected to bolster QMET’s position in the hydrogen exploration sector, potentially enhancing its market presence and offering new opportunities for stakeholders.
More about Q Precious & Battery Metals
Q Precious & Battery Metals Corp. (QMET) is a company engaged in the exploration of critical and precious metals as well as natural hydrogen, primarily operating in Quebec. The company has a 100% interest in several mineral claims and projects, including the McKenzie East Gold Project, LaCorne South Critical Minerals Project, and the Matane and Colchester Natural Hydrogen Projects, in collaboration with Quebec Innovative Materials Corp.
YTD Price Performance: 5.88%
Average Trading Volume: 554,759
Technical Sentiment Signal: Hold
Current Market Cap: C$8.07M
For detailed information about QMET stock, go to TipRanks’ Stock Analysis page.