16:34:25 EDT Sat 18 May 2024
Enter Symbol
or Name
USA
CA



Quebec Innovative Materials Corp
Symbol QIMC
Shares Issued 75,909,001
Close 2023-12-19 C$ 0.025
Market Cap C$ 1,897,725
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Quebec Innovative receives order from HPQ

2023-12-20 12:02 ET - News Release

Mr. Raymond Wladichuk reports

QI MATERIALS RECEIVES ORDER FROM HPQ SILICON INC.

HPQ Silicon Inc. has placed an order for high-purity quartz material from Quebec Innovative Materials Corp. (QI Materials).

From the Company's current stockpile of high purity samples, QI Materials Corp. will provide HPQ with approximately half a tonne of high purity quartz material. The material will be used by HPQ in their production of engineered SiOx materials for battery anodes and fumed silica via HPQ's proprietary Fumed Silica Reactor.

"As our SiOx materials for battery anodes and our Fumed Silica projects move forward, our partnership with QIMC with their ability to supply us with the high purity quartz required, allow us to focus our energy on developing our technologies," stated Mr. Bernard Tourillon, President and CEO of HPQ Silicon Inc.

"We are very excited to be fulfilling this order from our strategic partner HPQ. We look forward to further scaling up our operations to meet HPQ's growing demand for high grade silica" stated John Karagiannidis, Chairman of QI Materials.

Qualified Person

Raymond Wladichuk, P.Geo., (OGQ permit number: 02287), is the CEO of Quebec Innovative Materials Corp., and a Qualified Person for National Instrument 43-101 - Standards for Disclosure of Mineral Projects, has reviewed and approved the scientific and technical information contained in this 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 USA's strategic mineral list.

About Quebec Innovative Materials Corp.

Quebec Innovative Materials Corp. (CSE: QIMC) (FSE: 7FJ) (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. QIMC 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% interest in the Charlevoix Silica Project, near Clermont, Quebec, 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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