20:20:12 EST Wed 21 Jan 2026
Enter Symbol
or Name
USA
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Quebec Innovative Materials Corp
Symbol QIMC
Shares Issued 123,704,001
Close 2026-01-21 C$ 0.93
Market Cap C$ 115,044,721
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Quebec Innovative talks Bennett environmental study

2026-01-21 16:50 ET - News Release

Mr. John Karagiannidis reports

QIMC SECURES POSITIVE ENVIRONMENTAL BASELINE RESULTS AT BENNETT HILL, ADVANCING ANOTHER PRIORITY DRILL-READY ZONE IN THE ADVOCATE AREA, NOVA SCOTIA

Quebec Innovative Materials Corp. has released positive preliminary results from a baseline environmental assessment completed at its Bennett Hill study area, located within the company's Advocate area in Nova Scotia, clearing a key milestone and enabling advancement of another priority drill zone. Bennett Hill represents one of several drill-ready zones being advanced under Quebec Innovative Materials' regionally scalable natural hydrogen development strategy.

The environmental assessment was completed by Strum Consulting, a well-established Canadian environmental and engineering consultancy specializing in environmental assessments, permitting and regulatory support for natural resource projects.

Positive environmental results derisk Bennett Hill

Preliminary findings include:

  • No species at risk (SAR) lichen identified;
  • No black ash (Fraxinus nigra) identified;
  • No pileated woodpecker cavities identified;
  • No material environmental constraints were identified.

These results indicate no material environmental or species-related constraints that would impede further exploration or drilling activities at Bennett Hill.

Management commentary

"Completing a positive baseline environmental assessment at Bennett Hill is an important milestone for QIMC," said John Karagiannidis, president and chief executive officer of Quebec Innovative Materials. "This work materially derisks the project from an environmental and permitting perspective and allows us to continue advancing another high-priority drill zone within the Advocate area. Importantly, Bennett Hill fits squarely within our hydrogen development model, combining favourable geology, structural complexity and surface geochemical indicators."

Strategic importance of Bennett Hill and the Advocate area

Bennett Hill is located within Quebec Innovative Materials' broader Advocate area, a core focus area under the company's proprietary natural hydrogen (H2) development model. The Advocate area is considered highly prospective due to the convergence of several critical exploration vectors, including:

  • Elevated surface H2 measurements, consistent with active or recent hydrogen generation and migration;
  • Anomalous radon-thoron readings, interpreted as indicators of deep-seated gas pathways and enhanced subsurface permeability;
  • A well-developed network of faults and structural corridors, which are considered essential conduits for hydrogen migration from depth to surface;
  • Geological conditions favourable for clean natural hydrogen generation, accumulation and preservation.

The correlation of H2 anomalies, radon-thoron responses and structural complexity is central to QIMC's development model. Bennett Hill, along with other targets in the Advocate Area, demonstrates these characteristics and supports the Company's strategy of advancing multiple drill-ready areas within multiple, scalable geological districts. Together, these attributes support Quebec Innovative Materials' strategy of building a portfolio of drill-ready hydrogen zones capable of supporting future scale-up and strategic development partnerships.

About Quebec Innovative Materials Corp.

Quebec Innovative Materials is a mining exploration and development company dedicated to unlocking the potential of North America's abundant natural resources. With properties in Ontario, Quebec, Nova Scotia and Minnesota (United States), Quebec Innovative Materials specializes in the exploration of white (natural) hydrogen and high-grade silica deposits.

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