Mr. Richard Penn reports

Q PRECIOUS & BATTERY METALS CORP. ANNOUNCES CLOSING OF THIRD TRANCHE OF PRIVATE PLACEMENT

Q Precious & Battery Metals Corp. has closed the third tranche of its previously announced private placement offering (see news releases dated Oct. 16, 2025, Oct. 23, 2025, and Nov. 10, 2025).

In its third tranche, the company issued 735,133 flow-through (FT) units at a price of nine cents per FT unit for gross proceeds of $66,192. Each FT unit consists of one flow-through common share and one-half of one share purchase warrant. Each whole FT unit warrant entitles the holder to purchase one common share at a price of 12 cents per share for a term of two years from the date of closing.

The company paid finders' fees to eligible finders of $6,616 in cash, issued 36,756 finders' warrants and issued 29,405 compensation shares. Each finder's warrant is exercisable at a price of nine cents per share for a term of two years.

The proceeds from the offerings will be used to finance mineral exploration activities.

The offering is subject to the approval of the Canadian Securities Exchange. The securities issued pursuant to the offering will be subject to a statutory hold period of four months and one day from the date of issuance.

We seek Safe Harbor.