22:22:28 EDT Fri 05 Jun 2026
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Quebec Innovative Materials Corp
Symbol QIMC
Shares Issued 123,704,001
Close 2026-06-05 C$ 0.58
Market Cap C$ 71,748,321
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Quebec Innovative participates in review of Bill 17

2026-06-05 16:58 ET - News Release

Mr. John Karagiannidis reports

QIMC HIGHLIGHTS TECHNICAL ADVISORY ROLE ON FIRST ATLAS MATANE NATURAL HYDROGEN PROJECT FOLLOWING QUEBEC PARLIAMENTARY COMMITTEE APPEARANCE

Quebec Innovative Materials Corp. has highlighted its technical advisory role with First Atlas Resources Corp. and has advanced the Matane natural hydrogen property in Quebec following the company's recent appearance before a parliamentary committee of the National Assembly of Quebec studying Bill 17.

Quebec Innovative was invited to present technical perspectives regarding natural hydrogen exploration and development during the committee's review of Bill 17, reflecting the company's growing role in the emerging natural hydrogen sector.

The company believes that the continuing review of Quebec's regulatory framework for natural hydrogen reflects increasing interest in the province's potential as an emerging jurisdiction for natural hydrogen exploration and development.

Chief executive officer commentary

John Karagiannidis, president and chief executive officer of Quebec Innovative, stated: "We appreciated the opportunity to participate in the parliamentary committee's review of Bill 17 and to contribute technical perspectives regarding natural hydrogen exploration in Quebec. The development of a clear regulatory framework is an important step for the industry, and may help support responsible exploration and development activities throughout the province.

"QIMC is also pleased to support First Atlas as technical adviser on its Matane project. The property represents another example of the growing interest in natural hydrogen opportunities within Quebec, and we believe a disciplined, science-based exploration approach is essential to evaluating these emerging systems. We look forward to working alongside First Atlas as exploration activities and technical assessments continue."

Supporting natural hydrogen development in Quebec

Quebec Innovative's presentation before the parliamentary committee focused on the potential role of natural hydrogen within Quebec's emerging energy landscape and the importance of establishing a regulatory framework that supports responsible exploration and development.

The company discussed geological concepts relevant to natural hydrogen generation and highlighted the growing body of exploration data being collected across multiple jurisdictions, including Quebec and Nova Scotia.

Central to Quebec Innovative's exploration strategy is the evaluation of gas composition within naturally occurring hydrogen systems. In addition to measuring hydrogen concentrations, the company assesses the presence and relative concentrations of methane and carbon dioxide as part of its proprietary R2G2 exploration framework.

Quebec Innovative believes that gas composition data provide important insights into the characteristics and quality of natural hydrogen systems. Hydrogen occurrences characterized by elevated hydrogen concentrations and the low concentrations of methane and carbon dioxide represent key exploration and development targets and systems. Accordingly, gas composition analysis is a key component of the company's exploration, prospect ranking and target selection process across its natural hydrogen portfolio.

By integrating clean gas composition data with geological, structural, geophysical and geochemical information, Quebec Innovative enhances its exploration efficiency, prioritizes targets, and advances the systematic development of its natural hydrogen assets and systems.

Quebec Innovative believes that continued scientific study, exploration activity and regulatory clarity will be important factors in advancing the understanding and development of naturally occurring hydrogen resources.

Technical advisory relationship with First Atlas

Quebec Innovative currently serves as technical adviser to First Atlas on its Matane natural hydrogen property in Quebec.

The advisory mandate draws upon Quebec Innovative's experience in natural hydrogen exploration, including exploration programs in Quebec and Nova Scotia and the application of the company's proprietary R2G2 exploration framework.

Through this relationship, Quebec Innovative provides technical guidance relating to geological interpretation, exploration planning, target generation and hydrogen system evaluation.

Operational momentum

Quebec Innovative continues to advance its natural hydrogen exploration initiatives across multiple jurisdictions. The company maintains a district-scale exploration strategy, and is pursuing opportunities to expand the understanding of natural hydrogen systems through field programs, data collection and technical innovation.

The company believes that increasing industry, scientific and governmental interest in natural hydrogen may create opportunities for exploration companies that possess specialized expertise and a systematic exploration approach.

About Quebec Innovative Materials Corp.

Quebec Innovative is a North American exploration and development company advancing a portfolio of natural hydrogen and critical mineral projects. The company is advancing its district-scale hydrogen exploration model across Quebec, Ontario, Nova Scotia and Minnesota through the application of its proprietary R2G2 framework.

Quebec Innovative is focused on responsible exploration, technical innovation and the advancement of natural hydrogen opportunities that may contribute to future clean-energy development initiatives.

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