Mr. Raymond Wladichuk reports

QI MATERIALS CONFIRMS HIGH GRADE SILICA PURITY OVER 99.5% AT THE RIVER VALLEY SILICA PROJECT

High-grade silica purity results of over 99.5 per cent have been proven at Quebec Innovative Materials Corp.'s wholly owned River Valley silica project.

In October, 2023, the Quebec Innovative Materials field team collected roughly 75 channel samples from surface exposure. Nineteen of the samples collected are over 99 per cent pure SiO2 (silicon dioxide), with the highest being 99.52 per cent and the average across the sample set being 98.72 per cent SiO2. It is expected that a degree of contamination from surface contamination (surface water infiltrating cracks and fractures, oxidation, and surface debris) is likely affecting these results.

The River Valley silica project consists of a high-purity quartz vein. The quartz vein is directly on surface is mapped to be over 300 metres long and over 40 metres wide. The project is located approximately 65 kilometres northeast from Sudbury, Ont.

"We are extremely happy with the results, as expected the average grade from the surface material is very good and we expect it to improve with depth into the quartz vein formation," stated Raymond Wladichuk, chief executive officer of Quebec Innovative Materials.

The samples were sent to ALS Global in Val d'Or, Que., where they underwent the below analytic procedures. Quebec Innovative Materials implemented quality assurance/quality control measures by means of inserting SiO2 standards and blanks into the sample stream at industry-standard intervals.

Qualified person

Mr. Wladichuk, PGeo (OGQ permit No. 02287), the CEO of Quebec Innovative Materials, and a qualified person for National Instrument 43-101 -- Standards of Disclosure for Mineral Projects, has reviewed and approved the scientific and technical information contained in the news release.

Please be advised that a qualified person has not completed sufficient work to classify any mineral resources as defined by National Instrument (NI) 43-101; it is therefore uncertain if future exploration will result in the delineation of mineral resources.

About high-purity quartz

High-purity quartz (SiO2) plays a pivotal role in two critical technologies shaping the future: solar panels and lithium silicon anode batteries. In the realm of renewable energy, quartz is the raw feed source of silicon metal (Si), a fundamental component in producing high-efficiency solar panels. Beyond solar panels, silicon metal is also a promising ingredient in lithium silicon anode batteries, offering the potential for increased energy storage capacity and improved battery performance, underscoring the indispensable role of quartz in advancing sustainable energy and cutting-edge technology. Furthermore, quartz-derived silicon has gained significant strategic importance, recently earning a place on the United States' strategic mineral list.

About Quebec Innovative Materials Corp.

Quebec Innovative Materials (formerly Quebec Silica Resources Corp.) is a mineral exploration, and development company with a portfolio of natural resource assets, including high-grade silica, hydrogen and helium properties. The company is working toward becoming a sustainable supplier of resources which are essential in advanced batteries and the electrification of the green economy. The company has a 100-per-cent interest in the Charlevoix silica project, near Clermont, Que., Canada, the River Valley silica project near Sudbury, Canada, as well as other mineral properties in Quebec. The company also performs pilot processing on industrial minerals, refining processes to create custom products.

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