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April 28, 2026

Québec Innovative Metals Corp. Completes $17.3 Million Bought Deal Private Placement

Québec Innovative Metals Corp (CSE: QIMC) completed a bought deal private placement of 19,167,05 units for gross proceeds of C$17,250,345 pursuant to the listed issuer financing exemption (LIFE). Each unit included one common share and one common share purchase warrant, with each warrant exercisable at a price of C$1.30 until April 27, 2029.

The offering was conducted by Research Capital Corporation, as sole underwriter and sole bookrunner.

Québec Innovative Materials Corp. 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 Québec, Ontario, Nova Scotia, and Minnesota (USA), leveraging its proprietary R2G2™ framework developed in collaboration with INRS.

Wildeboer Dellelce LLP acted for Research Capital Corporation with a team comprising Jeff Hergott, Natalie Tershakowec, Brett Varrin and Zehra Irfan (Corporate/Securities).