QIMC Enters Strategic Exploration Agreement with QMET for Nova Scotia Natural Hydrogen and Helium Initiative

Montreal, Quebec--(Newsfile Corp. - May 6, 2025) - Quebec Innovative Materials Corp. (CSE: QIMC) (OTCQB: QIMCF) (FSE: 7FJ) ("QIMC" or the "Company") is pleased to announce the signing of a strategic exploration contract with Q Precious & Battery Metals Corp. (QMET). This contract encompasses comprehensive district-wide exploration targeting natural hydrogen (H₂) and helium along the geologically significant Cobequid and Chedabucto fault systems in Nova Scotia. Under this strategic agreement, QMET has committed to providing direct financial compensation to QIMC in recognition of QIMC's specialized expertise and high-value exploration services.

This agreement marks a significant advancement in QIMC's strategic expansion in natural hydrogen exploration," stated John Karagiannidis, CEO and Chairman of QIMC. "Our collaboration with QMET, bolstered by the expert guidance from our partners at INRS, positions us strongly to validate and further expand our unique exploration model. We expect this initiative to significantly enhance our understanding of hydrogen potential within the region, thereby driving sustainable growth and value for our shareholders."

Under the terms of the agreement, QIMC will implement its proprietary exploration methodologies, including advanced soil gas surveys optimized for detecting hydrogen and helium. These surveys will be supplemented with state-of-the-art Audio Magnetotelluric (AMT) and Gamma Radiometric geophysical surveys. This initiative leverages QIMC's proven expertise and builds upon the successful identification of high-potential hydrogen zones at its flagship St-Bruno-de-Guigues property in Quebec.

The Cobequid and Chedabucto fault areas share critical geological characteristics with QIMC's Quebec-based properties, notably elevated geothermal gradients and heightened concentrations of elements, such as potassium, thorium, and uranium. These elements are known catalysts for radiolytic hydrogen generation. Furthermore, the region features sedimentary sequences exceeding 8,000 meters in thickness, composed of alternating porous and impermeable rock layers, as well as anticline structures associated with saline diapirs-geological features ideal for hydrogen and helium accumulation, confirmed by previous soil sampling conducted in 2024.

Richard Penn, President of QMET, commented: "We are excited to partner with QIMC in this strategic exploration initiative. QIMC's advanced methodologies and successful track record in natural hydrogen exploration align with our goal to thoroughly evaluate and capitalize on Nova Scotia's hydrogen resource potential. We anticipate this project will lead to meaningful discoveries and opportunities for future development."

QIMC will collaborate closely with the Institute National de la Recherche Scientifique (INRS), whose expertise was instrumental in developing QIMC's successful hydrogen exploration model.

The Company intends to replicate its successful exploration model across additional jurisdictions and anticipates further announcements regarding future projects and collaborations.

Further updates and exploration results will be communicated as they become available.

About Quebec Innovative Materials Corp. (QIMC)
Québec Innovative Materials Corp. is a mineral exploration and development company dedicated to exploring and harnessing the potential of Canada's abundant resources. With properties in Ontario and Québec, QIMC is focused on specializing in the exploration of white (natural) hydrogen and high-grade silica deposits. QIMC is committed to sustainable practices and innovation. With a focus on environmental stewardship and cutting-edge extraction technology, we aim to unlock the full potential of these materials to drive forward clean energy solutions to power the AI and carbon-neutral economy and contribute to a more sustainable future.

For more information about Quebec Innovative Materials Corp. and its products, please visit www.qimaterials.com.

QUÉBEC INNOVATIVE MATERIALS CORP.

Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the CSE policies) accepts responsibility for the adequacy or accuracy of this news release and has neither approved nor disapproved the contents of this news release.

Forward-Looking Statements

This news release contains statements that constitute "forward-looking statements". Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause Québec Innovative Materials' actual results, performance or achievements, or developments in the industry to differ materially from the anticipated results, performance or achievements expressed or implied by such forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects," "plans," "anticipates," "believes," "intends," "estimates," "projects," "potential" and similar expressions, or that events or conditions "will," "would," "may," "could" or "should" occur.

Although Québec Innovative Materials believes the forward-looking information contained in this news release is reasonable based on information available on the date hereof, by their nature, forward-looking statements involve assumptions, known and unknown risks, uncertainties and other factors which may cause our actual results, performance or achievements, or other future events, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements.

Examples of such assumptions, risks and uncertainties include, without limitation, assumptions, risks and uncertainties associated with general economic conditions; adverse industry events; future legislative and regulatory developments in the mining sector; the Company's ability to access sufficient capital from internal and external sources, and/or inability to access sufficient capital on favorable terms; mining industry and markets in Canada and generally; the ability of Québec Innovative Materials Corp. to implement its business strategies; competition; and other assumptions, risks and uncertainties.

The forward-looking information contained in this news release represents the expectations of the Company as of the date of this news release and, accordingly, is subject to change after such date. Readers should not place undue importance on forward-looking information and should not rely upon this information as of any other date. While the Company may elect to, it does not undertake to update this information at any particular time except as required in accordance with applicable laws. This press release contains forward-looking statements, including the anticipated success and timing of drilling permits and exploration activities. These statements involve known and unknown risks, uncertainties, and other factors that could materially affect actual results. Investors are advised to consult the detailed disclosures available on SEDAR+.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/250935