Annuncio • Apr 27
Quebec Innovative Materials Corp. announced that it has received CAD 15.0003 million in funding On April 27, 2026, Quebec Innovative Materials Corp closed the transaction. The company announced that it has issued 16,667,000 units of the Company (each, a "Unit") at a price of 0.90 per unit for the gross proceeds of CAD 15,000,300. In consideration for their services, the Company paid the Underwriter a cash commission of CAD 1,201,224.15, and issued to the Underwriter an aggregate of 1,334,694 non-transferable broker warrants. Each Broker Warrant entitles the holder to purchase one Unit at an exercise price of CAD 0.90 per Unit at any time until April 27, 2029. Annuncio • Apr 14
Quebec Innovative Materials Corp. announced that it expects to receive CAD 15.0003 million in funding from Research Capital Corporation Quebec Innovative Materials Corp. has entered into an agreement with Research Capital Corporation to issue 16,667,000 units at the price of CAD 0.90 per unit for the gross proceeds of CAD 15,000,300 on April 13, 2026. Each Unit will consist of one common share and one common share purchase warrant. Each warrant shall entitle the holder to purchase one common share of the company at an exercise price of CAD 1.30 at any time on or before that date which is 36 months from the issuance. The Underwriter has also been granted an option exercisable in full or in part up to 48 hours prior to the closing date, to sell up to an additional 2,500,050 Units at the issue price for additional gross proceeds of up to CAD 2,250,045. The offering will be completed pursuant to the terms of an underwriting agreement to be entered into among the company and the underwriter. The securities issued under the Offering are expected to be immediately freely tradeable under applicable Canadian Securities legislation if sold to purchasers resident in Canada. The company will paid cash commission of 7% of gross proceeds CAD 1,050,021 and received net proceeds of CAD 1,39,50,279. Each broker warrant entitles the holder to purchase one unit at an exercise price equal to CAD 0.90 for a period of 36 months following the closing date. The Offering is scheduled to close on or about the week of April 27, 2026 other date as the Company and the Underwriter may agree. Completion of the Offering is subject to certain closing conditions, including the receipt of all necessary approvals, including the approval of the Canadian Securities Exchange. Recent Insider Transactions Derivative • Mar 29
President exercised options to buy CA$1.7m worth of stock. On the 24th of March, John Karagiannidis exercised options to buy 2m shares at a strike price of around CA$0.05, costing a total of CA$75k. This transaction amounted to 19% of their direct individual holding at the time of the trade. Since June 2025, John's direct individual holding has increased from 6.28m shares to 9.31m. Company insiders have collectively bought CA$367k more than they sold, via options and on-market transactions, in the last 12 months. Board Change • Mar 17
High number of new and inexperienced directors There are 7 new directors who have joined the board in the last 3 years. The company's board is composed of: 7 new directors. No experienced directors. No highly experienced directors. Corporate Secretary & Non-Independent Director Marianne Richer-Lafleche is the most experienced director on the board, commencing their role in 2024. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. New Risk • Mar 10
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Canadian stocks, typically moving 17% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk No financial data reported. Minor Risk Share price has been volatile over the past 3 months (17% average weekly change). Recent Insider Transactions Derivative • Feb 24
President exercised options to buy CA$1.3m worth of stock. On the 20th of February, John Karagiannidis exercised options to buy 2m shares at a strike price of around CA$0.05, costing a total of CA$81k. This transaction amounted to 25% of their direct individual holding at the time of the trade. Since June 2025, John's direct individual holding has increased from 6.28m shares to 8.06m. Company insiders have collectively bought CA$292k more than they sold, via options and on-market transactions, in the last 12 months. Annuncio • Feb 13
Quebec Innovative Materials Corp., Annual General Meeting, Mar 30, 2026 Quebec Innovative Materials Corp., Annual General Meeting, Mar 30, 2026. Annuncio • Feb 07
Québec Innovative Materials Corp. Receives Notice of Approval from Nova Scotia Regulators Q Precious & Battery Metals Corp. announced that Québec Innovative Materials Corp. ("QIMC") has received a Notice of Approval from Nova Scotia regulators authorizing drilling activities in the West Advocate area of Cumberland County, Nova Scotia. QMET congratulates QIMC and its technical and operational teams on achieving this important regulatory milestone. The approval represents a significant step forward in advancing natural hydrogen exploration activities in Nova Scotia and reflects continued regulatory engagement and technical progress within the Cumberland Basin. QMET notes that it maintains a working relationship with QIMC, under which QIMC is leading and advancing QMET's exploration program in Nova Scotia, including within the broader Cumberland geological setting. As such, regulatory progress achieved by QIMC is viewed by QMET as constructive and informative for the continued advancement of its own exploration initiatives. QMET continues to advance its Cumberland Basin Project through a disciplined and methodical approach focused on geological interpretation, data integration, and stakeholder engagement. The Company believes that the advancement of exploration activities across the basin--by experienced operators--supports a broader understanding of regional geological potential and contributes to the de-risking of future exploration programs. QMET remains committed to advancing its exploration strategy in Nova Scotia in a responsible and technically rigorous manner, working collaboratively with regulators, local communities, and stakeholders. The Company recognizes the increasing importance of energy security and the growing constraints on traditional power grids, particularly as demand accelerates for power-intensive infrastructure such as AI data centers and high-performance computing facilities. As interest continues to grow in reliable, off-grid and low-carbon energy solutions capable of operating independently of existing grid limitations, QMET believes that disciplined exploration within the Cumberland Basin is timely and strategically aligned with evolving energy and infrastructure needs, while remaining subject to regulatory approvals, technical validation, and further evaluation. Annuncio • Jan 23
Quebec Innovative Materials Corp. Secures Positive Environmental Baseline Results At Bennett Hill, Advancing Another Priority Drill-Ready Zone in the Advocate Area, Nova Scotia Quebec Innovative Materials Corp. announced 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 QIMC's 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. 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. Strategic Importance of Bennett Hill and the Advocate Area. Bennett Hill is located within QIMC's 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 QIMC's strategy of building a portfolio of drill-ready hydrogen zones capable of supporting future scale-up and strategic development partnerships. Annuncio • Jan 02
Quebec Innovative Materials Corp. Advances Its Nova Scotia Natural Hydrogen District with Completion of A Baseline Environmental Assessment At Eatonville Quebec Innovative Materials Corp. reported the completion of a baseline (pre-disturbance) environmental assessment at its Eatonville project area, one of the Company's most advanced focus zones within its Nova Scotia natural hydrogen district. This milestone represents a structured step forward in the disciplined and responsible execution of QIMC's subsurface development. The assessment establishes essential environmental baseline conditions required to support planning for subsequent phases of subsurface development. It forms part of QIMC's staged, data-driven approach designed to reduce risk, support technical decision-making, and align early with regulatory requirements. The work was completed by Strum Consulting, a well-established environmental and engineering firm in Atlantic Canada with extensive experience supporting natural resource and energy infrastructure projects. The Eatonville area, together with the adjacent West Advocate zone, currently represents one of QIMC's highest-priority focus areas in Nova Scotia. Exploration activities completed to date have identified surface and near-surface hydrogen anomalies, as well as interpreted geological structures that play a role in hydrogen migration. These results are being integrated with geophysical and geological datasets to target and rank zones with the highest potential. In parallel, the "Institut national de la recherche scientifique" (INRS) is analyzing recently acquired geophysical data, including gravimetric readings, to refine subsurface structural interpretations and support the prioritization of drill targets associated with fault-controlled hydrogen migration pathways. QIMC continues to advance its natural hydrogen strategy across multiple jurisdictions, including Nova Scotia, Ontario, Quebec, and Minnesota. The Company's exploration approach emphasizes structured, data-driven progression, responsible project advancement, and high standards of governance, regulatory compliance, and environmental stewardship. Board Change • Dec 04
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 2 non-independent directors. Corporate Secretary & Non-Independent Director Marianne Richer-Lafleche was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. New Risk • May 16
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 63% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks No financial data reported. Share price has been highly volatile over the past 3 months (27% average weekly change). Shareholders have been substantially diluted in the past year (63% increase in shares outstanding). Minor Risk Market cap is less than US$100m (CA$23.5m market cap, or US$16.8m). Annuncio • May 05
Quebec Innovative Materials Corp., Annual General Meeting, Jun 30, 2025 Quebec Innovative Materials Corp., Annual General Meeting, Jun 30, 2025. Annuncio • Apr 12
Quebec Innovative Materials Corp. Announces Significant Progress in its Proprietary Clean Natural Hydrogen Program Quebec Innovative Materials Corp. announced significant progress in its proprietary Clean Natural Hydrogen program, highlighted by new elevated measurements of free hydrogen gas concentrations of up to 21,882 PPM (2.19%) and 21,055 PPM (2.11%) at a shallow depth (75 m) on Line 1, Well #8. These results represent an impressive 90% increase on the highest concentration previously recorded also under sub-zero Celsius temperature conditions. These latest results are a strong validation of QIMC's proprietary clean natural hydrogen model. The Company are observing higher hydrogen concentrations with the increase in ambient temperatures and fluctuations in atmospheric pressure. The Company is currently monitoring eight wells and anticipates further substantial results as weather conditions evolve towards warmer temperatures and higher atmospheric pressures. Building on these validations, QIMC announced its strategic expansion into Ontario following the success of its St-Bruno-de-Guigues hydrogen model, having recently secured claims in the Beauchamp, Henwood, and Kerns areas, northwest of St-Bruno- de-Guigues. During the spring and summer, the Company will conduct soil sampling and geophysical surveys focused on hydrogen along the main fault structures of the Temiscamingue graben, notably along the Riviere Blanche fault. Methodology Used. The more than significant concentrations observed seem to indicate the presence of hydrogen leaking from fractures in the Cobalt Group sandstones. Wells drilled deeper into the fractured rock (beneath the Quaternary sediments), should make it possible to assess the extent and chemical characteristics of the gas upwellings responsible for the formation of the hydrogen anomalies observed in the soils and in the tops of the monitoring wells, drilled in December 2024 and January 2025, at St-Bruno-De-Guigues. Annuncio • Jan 22
Quebec Innovative Materials Corp. Announces Major Natural Hydrogen Results Quebec Innovative Materials Corp. announced a major breakthrough at its St-Bruno-de-Guigues Hydrogen project. The company latest tests, in shallow monitoring wells, have exceeded expectations, with one hydrogen concentration measurement reaching a high of 7119 parts per million (ppm) and plateauing at 2886 ppm and five other measurements above 550 ppm including one of over 2400 ppm, one of over 1000 ppm and one of over 900 ppm. These outstanding results, recorded at shallow depths of up to 50 meters, are located in new fault zones inferred from electrical tomography imagery performed by INRS during fall 2024. The observation of high concentrations of hydrogen in the fissured rocks and/or under the soil horizons confirms previous observations that hydrogen originates from deep geological sources and not from biogenic fermentation processes involving soil organic matter. Furthermore, the near absence of carbon dioxide (CO2) and methane (CH4) (concentrations in trace amounts) in the samples highlights the purity of this deep-seated hydrogen, reinforcing the environmental benefits of this resource. Recently, QIMC conducted a campaign to install shallow monitoring wells in anomalous areas previously identified during the 2024 hydrogen soil gas surveys or the fall 2024 electrical tomographic surveys. A unit present at the top of the pit (E domain) and below the silty-clay unit (A domain), shows anomalously resistive values that could be interpreted as a zone of gas accumulation in porous and permeable Quaternary materials. Similarly, the anomalous F domain, located between 1025 and 1150 m, could also contain a local accumulation of gas paving the way for advanced soil gas analyses and the strategic installation of additional wells to fully harness the site's potential. Furthermore, in Spring 2025, QIMC will commence a 15-hole geotechnical drilling program designed to provide critical subsurface data. This initiative will enhance understanding of the site conditions and ensure the integrity of future infrastructure development. New Risk • Nov 15
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: CA$11.4m (US$8.09m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks No financial data reported. Share price has been highly volatile over the past 3 months (27% average weekly change). Market cap is less than US$10m (CA$11.4m market cap, or US$8.09m). Minor Risk Significant insider selling over the past 3 months (CA$67k sold). New Risk • Nov 07
New minor risk - Insider selling There has been significant insider selling in the company's shares over the past 3 months. Total value of shares sold: CA$67k This is considered a minor risk. There are several reasons why an insider may be selling, including to cover a tax obligation or pay for some other expense. However, we generally consider it a negative if insiders have been selling, especially if they do so below the current price. It implies that they considered a lower price to be reasonable. This is a weak signal, but if there is a pattern of unexplained selling, it can be a sign the insider believes the company's stock is overpriced. Note: We only include open market transactions and private dispositions of directly owned stock by individuals, not by corporations or trusts. Currently, the following risks have been identified for the company: Major Risks No financial data reported. Share price has been highly volatile over the past 3 months (27% average weekly change). Minor Risks Significant insider selling over the past 3 months (CA$67k sold). Market cap is less than US$100m (CA$14.8m market cap, or US$10.7m). Recent Insider Transactions • Sep 29
Chief Financial Officer recently sold CA$67k worth of stock On the 25th of September, Ming Jang sold around 350k shares on-market at roughly CA$0.19 per share. This transaction amounted to 100% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Ming's only on-market trade for the last 12 months. Recent Insider Transactions Derivative • Sep 19
President exercised options to buy CA$440k worth of stock. On the 10th of September, John Karagiannidis exercised options to buy 2m shares at a strike price of around CA$0.05, costing a total of CA$100k. This transaction amounted to 53% of their direct individual holding at the time of the trade. Since June 2024, John's direct individual holding has increased from 2.73m shares to 3.77m. Company insiders have collectively bought CA$369k more than they sold, via options and on-market transactions, in the last 12 months. Annuncio • May 24
Quebec Innovative Materials Corp. announced that it has received CAD 0.525 million in funding On May 23, 2024, Quebec Innovative Materials Corp closed the transaction. In connection with the Offering, the company has paid finder’s fees in the amount of CAD 32,287.50 and has issued 1,076,250 finder warrants. Each Finder Warrant entitles the holder to acquire one additional Common Share for a period of 24 months from closing at an exercise price of CAD 0.05. The transaction included participation from new investors John Karagiannidis for 1,625,001 Units representing gross proceeds to the company of CAD 48,750.03, through his holding company. Annuncio • Apr 30
Quebec Innovative Materials Corp. announced that it expects to receive CAD 0.525 million in funding Quebec Innovative Materials Corp. announced a non-brokered private placement of 17,500,000 units at a price of CAD 0.03 per unit for the gross proceeds of CAD 525,000 on April 29, 2024. Each unit will consist of one common share in the capital of the company and one common share purchase warrant. Each warrant will entitle the holder thereof to purchase one common share of the company for a period of 24 months following the closing date of the offering at an exercise price of CAD 0.05 per warrant share. In connection with the offering, the company may pay finder's fees and issue finder shares and finder warrant consisting of cash finder's fees of up to 7% of the gross proceeds of the offering, finder shares in an amount equal to up to 7% of the number of units issued pursuant to the offering, finder warrants in an amount equal to up to 7% of the number of units issued pursuant to the offering, exercisable at a price of CAD 0.05 per common share for a period of 24 months. The offering is scheduled to close on or about May 31, 2024 and completion of the offering is subject to certain conditions including the receipt of all necessary approvals, including the approval of the Canadian Securities Exchange. Annuncio • Apr 21
Quebec Innovative Materials Corp., Annual General Meeting, Jun 19, 2024 Quebec Innovative Materials Corp., Annual General Meeting, Jun 19, 2024. Annuncio • Jan 27
Quebec Innovative Materials Corp. Provides Update on Roncevaux Silica Propery Exploration Québec Innovative Materials Corp. provided an update on the Roncevaux Silica Property. As disclosed in the Company's August 31, 2022 news release, Qi Materials acquired mineral claims from HPQ Silicon Inc. (HPQ), including the Roncevaux Silica Property. The Qi Materials eam performed a recent site visit to the property in late October 2023. The Ronceveux Silica Property consists of a high purity quartz vein located in southern Quebec, approximately 50km from Amqui, Quebec, as shown on Figure 1. The property consists of 27 mineral claims totaling 1570 hectares. Samples were collected by means of existing trenches found on the property. The quartz vein is estimated to potentially be over 300m long with the width being unknown but likely 10's of metres wide (as suggested by historical work and reports). Historical work conducted by HPQ Silicon Inc. indicates that the purity of the quartz vein is as high as 99.8% SiO2. HPQ conducted testing on the quartz material from this property and concluded that it was able to be converted to silicon metal by means of their patented processes. The recent samples collected by the Qi Materials field team indicate that visually, this appears to be accurate. Tens of kilograms of samples have been collected for testing and analysis by the Company. Annuncio • Dec 13
Quebec Innovative Materials Corp. Confirms High Grade Silica Purity over 99.5% At the River Valley Silica Project Québec Innovative Materials Corp. announce that high grade silica purity results of over 99.5% have been proven at the Company's wholly owned River Valley Silica Project. In October 2023, the QI Materials field team collected roughly 75 channel samples from surface exposure. 19 of the samples collected are over 99% pure SiO2, with the highest being 99.52% and, the average across the sample set being 98.72% SiO2. It is expected that a degree of contamination from surface contamination (surface water infiltrating cracks and fractures, oxidation, and surface debris) is likely affecting these results. The River Valley Silica Project consists of a high purity quartz vein. The quartz vein is directly on surface is mapped to be over 300m long and over 40m wide. The Project is located approximately 65km northeast from Sudbury, Ontario. The samples were sent to ALS Global in Val d'Or, Québec, where they underwent the below analytic procedures. QI Materials implemented QA/QC measures by means of inserting SiO2 standards, and blanks into the sample stream at industry standard intervals. Annuncio • Oct 26
Quebec Innovative Materials Corp. Starts Preliminary Mapping of High-Grade Silica Projects Quebec Innovative Materials Corp. provided an update on the Company's ongoing silica projects. River Valley Silica Project. The QI Materials field team has completed the first pass of field exploration and development work on the Company's wholly owned River Valley Silica project, located in the Sudbury mining division of Ontario, Canada. The Company is now processing the data and commencing preliminary modelling and quarry designs. The QI Materials team performed a variety of work scopes in the advancement of this project which included: Establishment of access. Detailed topographic survey of the silica formation. Quartz outcrop stripping and cleaning. Detailed geological mapping, sampling, and channel sampling. Sample collection for metallurgical and other analysis. Sample collection for testing with the QI Materials' pilot plant. The Company also performed a site visit with the engineering team from OptiSim Mining Solutions, of Sudbury, Ontario for the purpose of preliminary quarry design, engineering, and permitting. Charlevoix Silica Project. TheQI Materials team is currently at the Charlevoix Silica project completing the final field work of the season. The team is following up on the newly discovered high grade zones announced in August 2023. The scope of this program includes: Establishing access to the new high-grade zones. Detailed geological mapping and sampling. Quartzite outcrop stripping and cleaning. Channel sampling. Exploration and prospecting to trace out the surface expression of the quartzite formation. Sample collection for metall surgical and other analysis. Sample collection to testing with the QI Materals' pilot plant. Samples from both the River Valley and Charlevoix Silica Projects are being processed and prepared for shipment to various clients for evaluation, as well as to potential future customers. Annuncio • Sep 08
Quebec Innovative Materials Corp. (CNSX:QIMC) acquired River Valley Silica Property for CAD 0.06 million. Quebec Innovative Materials Corp. (CNSX:QIMC) entered into Acquisition Agreement to acquire River Valley Silica Property for CAD 0.06 million on September 1, 2023. Under the terms of the acquisition, Quebec Innovative Materials Corp. will issue 2 million common shares to an unknown arms length Vendor, Additionally, the Vendor will be granted a royalty of CAD 2.50 per tonne on gross revenues from the sale of raw quartz or silica from the Property. The Consideration Shares will be subject to a hold period of four months and one-day following issuance. Quebec Innovative Materials Corp. also announced the appointment of John Karagiannidis as Chairman of the Board and the grant of an aggregate of 5,500,000 stock options at an exercise price of CAD 0.05, exercisable for a period of 2 years.
Quebec Innovative Materials Corp. (CNSX:QIMC) completed the acquisition of River Valley Silica Property on September 7, 2023. Annuncio • Jan 14
Quebec Innovative Materials Corp., Annual General Meeting, Mar 16, 2023 Quebec Innovative Materials Corp., Annual General Meeting, Mar 16, 2023. Annuncio • Dec 15
Quebec Silica Resources Corp. announced that it expects to receive CAD 2.575 million in funding Quebec Silica Resources Corp. announced a private placement for gross proceeds of up to CAD 2,575,000 on December 13, 2022. In connection with the offering, the Company will pay finder's fees and issue finder shares and finder warrants to EMD Financial Inc. well as any other registrants participating in the offering consisting of: cash finder's fees of up to 10 % of the gross proceeds of the offering finder shares in an amount equal to up to 5 % of the number of units, FT Units and Québec flow through units issued pursuant to the offering; and finder warrants in an amount equal to up to 5% of the number of units, flow through units and Québec flow through units issued pursuant to the offering, exercisable at a price of CAD 0.075 per common share for a period of two years following the closing date of the offering.. The company will issue one common share in the capital and one-half of a common share purchase warrant common share units at a price of CAD 0.05 per unit for a gross proceeds of CAD 575,000, national flow-through units at a price of CAD 0.05 per unit for gross proceeds of CAD 1,000,000 and Québec flow-through units at a price of CAD 0.05 per unit for a gross proceeds of CAD 1,000,000 in the transaction. Each national flow-through unit will consist of one common share and one-half common share purchase warrant and each Québec flow-through units will consist of one common share and one-half common share purchase warrant. Each Warrant will entitle the holder thereof to purchase one common share at a price of CAD 0.075 for a period of 24 months following the distribution date. In connection to the transaction, the company paid a cash commission of CAD 257,500. The closing of the offering will be subject to certain conditions including, but not limited to, receipt of all necessary approvals including the approval of the Canadian Securities Exchange. The common shares and flow through shares issuable from the offering will have a hold period ending on the day that is four months and one day following its distribution date. The transaction is expected to close on December 23, 2022. Annuncio • Nov 11
Quebec Silica Resources Corp. (CNSX:QTZ) acquired Three Mineral Claim Properties in Québec. Quebec Silica Resources Corp. (CNSX:QTZ) agreed to acquire Three Mineral Claim Properties in Québec on November 7, 2022. Consideration for the issuance of an aggregate of 5,000,000 common shares of the Company, at an issue price of $0.07 per share, and a 1% royalty on gross revenues from the sale of pure hydrogen arising from the lands underlying the properties. Subject to the satisfaction of all closing conditions and the receipt of applicable regulatory approvals including that of the Canadian Securities Exchange .
Quebec Silica Resources Corp. (CNSX:QTZ) completed the acquisition of Three Mineral Claim Properties in Québec on November 10, 2022. Annuncio • Oct 14
Quebec Silica Resources Corp. Begins Pilot Plant Operations to HPQ Specifications and Provides an Exploration Update Quebec Silica Resources Corp. announced the commencement of its Phase 1 Pilot Plant testing and provide an update on exploration of the Charlevoix Silica Project. Pilot Plant Phase 1 Testing: For the past few weeks the first phase of the mobile pilot plant has been undergoing preliminary testing. The pilot plant (first phase) consists of a rock crusher capable of producing different sizes, different screens, and a ceramic ball mill to minimize metal contamination. The mobile plant was mobilized to a local gravel pit near the Charlevoix Silica Project. Over the summer, the field crews collected representative surface samples of quartzite and are now running a series of tests and experiments to refine different processes and procedures in order to produce different product specifications. The goal of the pilot testing is to refine a process to produce suitable material to meet the specifications requested by HPQ Silicon Inc. for use in their proprietary technology, as well as other high-technology applications such as battery grade silica. Summer 2022 Exploration: The company's field teams have been busy all summer in the exploration and advancement of the Charlevoix Silica Project, activities are on schedule as planned. To start the exploration season, EkoXplor, the company's main contractor in charge of physical work, completed a line cutting and trail re-establishment program. This allowed access throughout the property and the ability to perform modern systematic exploration for the first time. As per the company's and EkoXplor's mandates, all work was done in an environmentally low-impact fashion, existing trails were cleared and re-established, and lines were kept to a maximum width of 1.2m (4 feet). With access to the property established, the INRS field team performed property wide geological mapping, a structural study, and geochemical and petrophyscal sampling was carried out. FALL 2022: The company plans on performing detailed geological follow up of the newly discovered quartzite zones, as well as further prospecting for more new zones. The company is awaiting ministry approval to perform a geotechnical drilling investigation of the Central Zone. The plan is to utilize a small, low-impact, tracked geotechnical drill rig to drill shallow boreholes with the goal of producing a simple resource calculation and extraction design of the Central Zone. Annuncio • Sep 01
Quebec Silica Resources Corp. (CNSX:QTZ) entered into an agreement to acquire Roncevaux and Martinville Quartz properties from HPQ Silicon Inc. (TSXV:HPQ) for CAD 0.3 million. Quebec Silica Resources Corp. (CNSX:QTZ) entered into an agreement to acquire Roncevaux and Martinville Quartz properties from HPQ Silicon Inc. (TSXV:HPQ) for CAD 0.3 million on August 31, 2022. HPQ agrees to transfer to QTZ 100% interest in both properties and QTZ agrees to issue to HPQ 3,000,000 Acquisition Units, at a price of CAD 0.10 per Acquisition Unit. The exact closing date of the transaction will be announced once all regulatory approvals have been received for HPQ and QTZ. Annuncio • Jul 14
Quebec Silica Resources Corp. Announces Preliminary Results Demonstrates Possibility of Producing High Quality Silica Québec Silica Resources Corp. announced preliminary results from Company's 100% owned Charlevoix Silica Project located near St. Urbain, Quebec, Canada. In a collaboration with the Institut National de la Recherche Scientique (INRS), the petrophysical, granulochemical, and geometallurgical analysis performed to date indicate suitability for the production of quality quartz. As part of the research work carried out in the laboratory, the INRS team prepared 4 samples of quartzite weighing approximately 150 kg (bulks 1, 2, 3 and 4) in order to obtain the necessary material for sieving and subsequent granulochemical and petrographic studies. The main objective of these studies was to verify the optimal particle size fraction in order to release the maximum of mineral impurities present in the. The identification of the impurities (e.g. ilmenite, muscovite, zircon, monazite) will make it possible to choose the physical separation methods which will be used for the mineralurgical tests and for the selection of the equipment which will be used for the pilot plant. The chemical analyses, measured on the different particle size fractions (<63 um, 63 um, 125 um, 250 um, 500 um, 1000 um, 2000 um, 4000 um, 8000 um and 12500 um), show a strong increase in the concentrations of Fe2O3, MnO, TiO2, Al2O3 and K2O in particle size fractions below 500 um. The fractions below 125 um show the highest concentrations of those elements which normally concentrate in the impurities (heavy minerals and muscovite). Similarly, SWIR-NIR reflection spectrometric analyzes (Terraspec) show a strong decrease in reflectance values due to the absorption of radiation by Fe, Mn and Ti oxides. The conclusion of the study shows the possibility of producing high quality silica by eliminating certain mineral impurities. The main methods suggested for impurity removal are attrition, densitometric/hydraulic separation for heavy minerals (and part of muscovite), very high magnetic field magnetic separation for ilmenite and oxides secondary iron (such as hematite) and finally electrostatic separation to eliminate the rest of the muscovite. The strong Grenvillian metamorphism that affected the quartzites simplifies the process of muscovite (Al2O3, K2O) removal due to the recrystallization of muscovite into coarse crystals. In the same way, the metamorphism decreases the proportion of volatile compounds in the rocks which is favorable for the production of ferro-silicium and other uses. Annuncio • Jun 14
Quebec Silica Resources Corp. Starts the Assembly of A Pilot Processing Facility and Laboratory, and That Exploration Work Is Well Underway At Charlevoix Silica Project Québec Silica Resources Corp. announced that the Company has started the assembly of a pilot processing facility and laboratory, and that exploration work is well underway at the Company's wholly-owned Charlevoix Silica Project, near St. Urbain, Quebec, Canada. Exploration and environmental study: Under the advisement and supervision of Dr. Marc Richer-LaFlèche of the Institut National de la Recherche Scientifique (INRS), the following project scopes are underway or have been completed: Winter 2022: As part of the ongoing environmental study, the Company's main contractor EkoXplor, installed weather monitoring stations and wildlife cameras throughout the property. Data from these instruments are continually being collected and analyzed. Spring 2022: In April, the first high-resolution drone survey was flown over the central portion of the property with the intent of establishing access and baseline flight parameters for future additional drone surveys to be executed in the spring and summer. Currently in progress: The EkoXplor crew is currently cutting trails and lines throughout the densely vegetated property to allow access to perform systematic exploration. As anticipated, the first sets of trails and lines have uncovered numerous outcroppings of quartzite which have not been previously known about or mapped. The EkoXplor field crew will sample these outcroppings, and the samples will be sent to the pilot processing facility and laboratory discussed below for analysis. The samples collected in the fall of 2021 have been continuously analyzed by Dr. Marc Richer- LaFlèche's team at the INRS. As discussed in the Company's news release dated January 31, 2022, the petrophysical, granulochemical, and geometallurgical data from the said analysis is being used to evaluate the suitability of the quartzite for use in advanced technology such as batteries and to refine the purification process. Summer and fall 2022: The Company plans to mobilize a small, low impact, geotechnical-style drill rig to drill boreholes to delineate the geometry of the quartzite deposit. Pilot processing facility and laboratory: The Company is creating a pilot processing facility and laboratory in conjunction with the INRS at the INRS campus near Quebec City. The quartzite samples collected during the 2022 field season will be brought to the INRS campus, where they will be analyzed, and the silica purification process will be refined and optimized. Annuncio • Feb 01
Quebec Silica Resources Corp. (CNSX:QTZ) acquired Québec Operations Facility. Quebec Silica Resources Corp. (CNSX:QTZ) acquired Québec Operations Facility effective January 31, 2022. Annuncio • Dec 22
Quebec Silica Resources Corp. announced that it has received CAD 1.8955 million in funding On December 21, 2021, Quebec Silica Resources Corp closed the transaction. The company issued 6,175,000 units at a price of CAD 0.16 per Unit for gross proceeds of CAD 988,000 and 4,537,500 flow-through shares at a price of CAD 0.20 per share for gross proceeds of CAD 907,500 for aggregate proceeds of CAD 1,895,500. The securities issued in the private placement are subject to a four-month hold period expiring on April 22, 2022. In connection with the Closing, finder's fees equal to an aggregate amount of CAD 151,640.00 were paid and 857,000 finder's warrants were issued. The transaction is subject to final acceptance by the Canadian Securities Exchange. Annuncio • Dec 08
Quebec Silica Resources Corp. announced that it expects to receive CAD 2 million in funding Quebec Silica Resources Corp. announced that it will issue 6,250,000 of units at a price of CAD 0.16 per unit and 5,000,000 flow-through shares at a price of CAD 0.20 per flow-through share for aggregate gross proceeds of CAD 2,000,000 on December 7, 2021. Each unit consists of one common share and one-half of a transferable common share purchase warrant. Each warrant shall entitle the holder thereof to acquire one additional common share at a price of CAD 0.20 for a period of two years from the closing date. The transaction is expected to close on before December 15, 2021. The transaction is subject to approval from Canadians Securities Exchange. All securities will be subject to a hold period of 4 months from the date of issuance. The company may pay a finder's fee of 8% of the gross proceeds and finder warrants in an amount equal to up to 8% of the number of units and flow-through shares issued pursuant to the offering, exercisable at a price of CAD 0.20 per common share for a period of two years following the closing date. Annuncio • Nov 27
Quebec Silica Resources Corp. Performs Sampling and Begins Environmental Assessment At the Charlevoix Silica Project Quebec Silica Resources Corp. announced that a phase of fieldwork has been performed on the Company's Charlevoix Silica Project (the "Property" or the "Project"). Under the advisement of Marc R. LaFlèche, a geological field team has been carrying out a geological and geochemical (radiometric) sampling reconnaissance of the silica deposit. The samples recovered from the property will be analyzed at the Applied Geoscience Laboratory at the Institut National de la Recherche Scientifique (the "INRS"). The samples will undergo granulochemical, mineragraphic and mineralogical analyses and geometallurgical studies planned for Winter 2021- 2022. These samples will be used to verify and optimize the processes of SiO2 (silica) enrichment and elimination of impurities (such as Fe-Ti and Al) to produce high purity silica. Gravimetric, magnetic (low and high intensity) and electrostatic methods will be used, among others, to optimize the Si02 enrichment process. The purpose of these studies is to determine the suitability of the material for use in the technology industry and the optimal techniques to refine the product. An environmental field team also traversed the property to perform a high-level environmental assessment and to determine how to construct a low-impact access trail throughout the property. The purpose of the access trail is to be able to permit and execute the subsequent phases of exploration, which are expected to consist of line cutting, additional geophysics surveys, trenching, and drilling. Annuncio • Jun 09
Quebec Silica to Begin Exploration At Charlevoix Quebec Silica Resources Corp. announced that progress is being made towards commencing exploration on the company's 100% owned Charlevoix high-grade silica project, approximately 40 km north of Baie-Saint-Paul, Quebec, Canada. It is Management's intent to develop and supply mineral resources essential in advanced battery technology. Quebec Silica is currently in discussions with a few Quebec-based geosciences and engineering consulting firms (the "Consultants") regarding the subsequent exploration and development steps. The Charlevoix project consists of 6 mineral claims totalling approximately 347 hectares (the "Property"). A quartzite formation comprised of high-grade silica is actively being mined by neighbouring operators is mapped to transect the Property. Through geological processes, the quartzite formation has experienced structural deformation such a folding; as a result the hinge of the fold lies near the centre of the Property and is mapped to be one of the widest occurrences of the formation in the area. Annuncio • Apr 29
Quebec Silica Resources Corp. (CNSX:QTZ) entered into an agreement to acquire Additional Mineral Claims Located in Lac-Pikauba Municipality of the Province of Quebec, Canada. Quebec Silica Resources Corp. (CNSX:QTZ) entered into an agreement to acquire Additional Mineral Claims Located in Lac-Pikauba Municipality of the Province of Quebec, Canada on April 28, 2021. Pursuant to the transaction, Quebec Silica will issue an agreggate of 4,000,000 common shares, at a deemed issued price of $0.10. Certain sellers will retain a 2% NSR from any future production. Quebec Silica has the right to reduce the 2% NSR to a 1% NSR y paying CAD 1 million. The issuance of the common shares is subject to obtaining all required regulatory approvals, including that of the CSE. 
