Q PRECIOUS & BATTERY METALS CO Stock Price, News & Analysis

Q Battery Metals Corp. updated on lithium exploration in Val d'Or, Quebec, highlighting promising results from their 2021 work program. Elevated lithium levels were identified in rock samples from the Boily-Berubé showing, with results including samples such as B0116756, which showed 468 ppm lithium. Historic drilling from 2004 by Noranda Inc. indicated up to 333 ppm lithium near the Boily-Berubé showing. The company plans further exploration on its lithium projects and has ongoing testing of VMS targets. Notably, Sayona Mining Ltd. nearby is reviving the North American Lithium mine, with significant reserves reported.

Q Battery Metals Corp. (CSE:QMET)(OTC PINK:BTKRF) has appointed Krystal Pineo as its new Chief Financial Officer and Director, replacing Renat Mataev, who has resigned from these positions. Pineo is a seasoned professional with experience as the founder of KP Capital Inc., a corporate advisory firm, and has held significant roles in other companies, including co-founding Better Plant Sciences Inc. and serving as COO at AbsolemHealth Corp. The company expresses its appreciation for Mataev's contributions. This leadership change is seen as a potential opportunity for renewed direction in the company.

Black Tusk Resources Inc. has announced a planned name change to Q Battery Metals Corp., along with a new trading symbol QMET, pending Canadian Securities Exchange approval. This change reflects the Company's focus on exploration of lithium and other minerals in Quebec.

The Company highlights several projects:

• Pegalith Project: Potential for lithium with historic resources nearby.
• Mogold Project: Targeting lithium and VMS deposits.
• PG Highway: Area identified for massive sulphide mineralization.
• Lorrain: Interest in platinum and nickel.
• McKenzie East: Previous drilling indicated gold presence.

Black Tusk Resources Inc. announces the grant of 3,174,000 stock options with a two-year term at an exercise price of $0.075 per share. Of these, 1,250,000 options are allocated to directors and officers. Additionally, the Company has entered a three-month marketing service contract with Outside The Box Capital Inc. for $50,000 and 325,000 stock options at the same exercise price. Winning Media LLC has also been engaged for digital advertising services, with a payment of US$75,000 due upfront. Both marketing firms are arm's length parties to the Company. The press release includes cautionary statements about forward-looking information and potential risks.

Black Tusk Resources has successfully closed its acquisition of 1396427 BC Ltd., gaining ownership of the PegaLith project near Gatineau, Quebec. The acquisition involves an initial cash payment of $16,000 and the issuance of 4,600,000 units at a deemed price of $0.075 per unit, totaling $345,000. Each unit comprises one common share and a share purchase warrant priced at $0.10 for two years. The transaction is arm's-length and does not lead to a change of control. Approval from the Canadian Securities Exchange is pending, with securities subject to a four-month resale restriction.

Black Tusk Resources is acquiring the PegaLith Lithium project in Quebec, covering 636 hectares (1,571 acres) with significant lithium potential. Located 25 km north of Gatineau, the project is near historic mines that provided insights into lithium presence. Black Tusk paid $16,000 and will issue 4.6 million units at $0.075 each, totaling $345,000. The units comprise one share and one warrant, exercisable at $0.10 for two years. The exploration program for 2023 includes initial sampling of pegmatitic outcrops for lithium. Currently, shares are trading at $0.07.

Black Tusk Resources has entered a share purchase agreement to acquire 1396427 BC Ltd., the holder of the PegaLith project in Quebec. This project covers 636 hectares with strong mineral indicators for lithium potential, located 25 kilometers north of Gatineau. The acquisition includes an initial cash payment of $16,000 and the issuance of 4.6 million units valued at $345,000. Each unit consists of one common share and one share purchase warrant. The transaction is subject to Canadian Securities Exchange approval and is not expected to change control of the company.

Black Tusk Resources Inc. has closed a second tranche of its private placements, raising a total of $337,911.92. This includes 4,273,532 flow-through units for $260,411.92 and 1,550,000 non-flow-through units for $77,500. The flow-through units come with warrants to purchase shares at $0.10 and non-flow-through units at $0.075, both for two years. The funds will support mineral exploration and general working capital. Securities issued are subject to a four-month hold.

Black Tusk Resources Inc. has closed the initial tranche of its private placements amounting to $750,000 in flow-through funding, issuing 6,055,667 flow-through units priced at $0.06 each. Additionally, the company issued 10,370,000 non-flow-through units at $0.05 for gross proceeds of $750,000. In a debt settlement, $179,000 was settled for 3,580,000 common shares. Black Tusk aims to increase its offerings due to heightened demand, with remaining units available for both funding types.