Category: Metals

Q2 Metals Announces Closing of the Acquisition of Additional Claims at the Cisco Lithium Property, James Bay, Quebec, Canada

Q2 Metals Corp. (TSXV:QTWO)(OTCQB:QUEXF)(FSE:458) (Q2 or the Company) is pleased to report that the previously announced option agreement made between 9219-8845 QC Inc. (CMH), Anna-Rosa Giglio (together with CMH, the Vendors) and the Company, as amended and restated December 17, 2024 (the Agreement), has closed.

Under the terms of the Agreement, Q2 has acquired the exclusive right and option to acquire a 100% interest in 545 mineral claims (the “Additional Cisco Claims“), which more than triples its mineral claim position at the Cisco Property.

The Cisco Property is now comprised of a total of 767 contiguous mineral claims over 39,389 ha, including more than 30 km of strike length on the Frotet-Evans Greenstone Belt, which hosts the Sirmac and Moblan lithium deposits, located 130 km and 180 km away, respectively. The Additional Cisco Claims are primarily south of the original Cisco Property claims, adding several kilometres of prospective greenstone rocks and providing extensive strategic sites for future development and mining infrastructure scenarios.

To acquire the Additional Cisco Claims, the Company must pay to CMH an aggregate of $2,400,000 over a period of 42 months and complete $1,200,000 of exploration expenditures during that time. Certain of the Additional Cisco Claims are subject to 3% gross metals returns royalty (the “ GMR “) and the remaining Additional Cisco Claims are subject to a 2% net smelter returns royalty (the “ NSR “) and 1% gross metals returns royalty. 2% of the GMR may be repurchased for $3,000,000 and 1% of the NSR may be repurchased for $500,000.

For further details on the terms of the Agreement and the royalties on the Additional Cisco Claims, please see the Company’s press release dated November 26, 2024.

Upcoming Events:
AME Roundup Core Shack

Q2 is pleased to have been selected as a participant in the core shack at the upcoming AME annual Roundup conference being held in Vancouver, BC from January 20 – 23, 2025.

Vice President of Exploration Neil McCallum as well as senior project geologists will be on hand with core from the 2024 drill season at Cisco. Mr. McCallum will also be presenting at the Critical and Base Metals Speaker Session on Tuesday January 21, 2025.

For more information on AME Roundup, please click here.

PDAC Booth and Core Shack

The Company will be attending and exhibiting on site at the 2025 Prospectors & Developers Association of Canada event (“PDAC 2025”) in Toronto, ON. Q2 is exhibiting in the Investors Exchange from March 2 – 5, 2025 at booth number 2726.

Additionally, Q2 Metals is pleased to announce that the Company has been selected to exhibit core from the Cisco Lithium Property at PDAC 2025. More details to be provided as the event approaches.

For more information on PDAC 2025, please click here.

Qualified Person
Neil McCallum, B.Sc., P.Geol, is a registered permit holder with the Ordre des Géologues du Québec and Qualified Person as defined by NI 43-101 (“QP”) and has reviewed and approved the technical information in this news release. Mr. McCallum is a director and VP Exploration for Q2.

About Q2 Metals Corp
Q2 Metals is a Canadian mineral exploration company focused on unlocking its portfolio of lithium projects in the Eeyou Istchee James Bay region of Quebec, Canada, that includes both its 100-per-cent-owned Mia Lithium Property and the Cisco Lithium Property.

The Cisco Property is comprised of 767 claims, totaling 39,389 hectares (“ha”). The Cisco Property transects the Billy Diamond Highway, and the main mineralized zone is located only 6.5 kilometres (“km”) away from the highway. The Cisco Property is approximately 150 km north of Matagami, a small town that contains the closest rail link to much of James Bay; and is within the greater Nemaska traditional territory of the Eeyou Istchee Territory, James Bay, Quebec.

The Cisco Property is situated along the Frotet Evans Greenstone Belt, comprised of a volcanic package dominated by mafic to felsic metavolcanic rocks, of the southern James Bay Lithium District, the same belt that hosts the Sirmac and Moblan lithium deposits, located 130 km and 180 km away, respectively.

The Cisco Lithium Property has district-scale potential with an already identified mineralized zone and discovery drill results that include:

120.3 metres at 1.72% Li 2 O (hole CS-24-010);
215.6 metres at 1.69% Li 2 O (hole CS-24-018);
347.1 metres at 1.35% Li 2 O (hole CS-24-021); and
188.6 metres at 1.56% Li 2 O (hole CS-24-023)

Since May 2024, the Company has drilled a total of 6,359.7 m over 17 holes. All drill holes intercepted pegmatite with visual indications of spodumene mineralization identified.

FOR FURTHER INFORMATION, PLEASE CONTACT:
Alicia Milne – 
President & CEO
Alicia@Q2metals.com

Jason McBride – Corporate Communications
Jason@Q2metals.com

Telephone: 1 (800) 482-7560
E-mail: info@Q2metals.com

WWW.Q2Metals.com

Follow the Company: Twitter, LinkedIn, Facebook, and Instagram

Forward-Looking Statements
This news release contains forward-looking statements and forward-looking information (collectively, “forward-looking statements”) within the meaning of applicable Canadian legislation. Forward-looking statements are typically identified by words such as: “believes”, “expects”, “anticipates”, “intends”, “estimates”, “plans”, “may”, “should”, “would”, “will”, “potential”, “scheduled” or variations of such words and phrases and similar expressions, which, by their nature, refer to future events or results that may, could, would, might or will occur or be taken or achieved. Accordingly, all statements in this news release that are not purely historical are forward-looking statements and include statements regarding beliefs, plans, expectations and orientations regarding the future including, without limitation, any statements or plans regard the geological prospects of the Company’s properties and the future exploration endeavors of the Company. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in the forward-looking statements. Forward-looking statements are based on a number of material factors and assumptions.

Forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause actual results to differ materially from those anticipated in such forward-looking statements. The forward-looking statements in this news release speak only as of the date of this news release or as of the date specified in such statement. Forward looking statements in this news release include, but are not limited to, the prospectivity of the greenstone rocks in the area, the possibility of future development and mining infrastructure scenarios, the potential for development, the potential scale of the Cisco Property, the focus of the Company’s current and future exploration and drill programs, the scale, scope and location of future exploration and drilling activities, the Company’s expectations in connection with the projects and exploration programs being met, the Company’s objectives, goals or future plans, statements, exploration results, potential mineralization, the estimation of mineral resources, exploration and mine development plans, timing of the commencement of operations and estimates of market conditions. Factors that could cause actual results to differ materially from those in forward-looking statements include failure to obtain necessary approvals, variations in ore grade or recovery rates, changes in project parameters as plans continue to be refined, unsuccessful exploration results, changes in project parameters as plans continue to be refined, results of future resource estimates, future metal prices, availability of capital and financing on acceptable terms, general economic, market or business conditions, risks associated with regulatory changes, defects in title, availability of personnel, materials and equipment on a timely basis, accidents or equipment breakdowns, uninsured risks, delays in receiving government approvals, unanticipated environmental impacts on operations and costs to remedy same. Readers are cautioned that mineral exploration and development of mines is an inherently risky business and accordingly, the actual events may differ materially from those projected in the forward-looking statements. Additional risk factors are discussed in the section entitled “Risk Factors” in the Company’s Management Discussion and Analysis for its recently completed fiscal period, which is available under Company’s SEDAR profile at www.sedarplus.ca.

Should one or more of these risks or uncertainties materialize, or should assumptions underlying the forward-looking statements prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, believed, estimated or expected. Although the Company has attempted to identify important risks, uncertainties and factors which could cause actual results to differ materially, there may be others that cause results not to be as anticipated, estimated or intended. The Company does not intend, and does not assume any obligation, to update this forward-looking information except as otherwise required by applicable law.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

SOURCE: Q2 Metals Corp.

Q2 Metals Announces Final Analytical Results from the 2024 Drill Campaign at the Cisco Lithium Property, James Bay, Quebec, Canada, and Proceeds of $1.9 Million from Warrant Exercises

Highlights:

  • Strong analytical results for drill hole CS-24-020 include several wide intervals containing:
    • 26.5 m at 1.08% Li2O,
    • 15.8 m at 1.43% Li2O,
    • 41.6 m at 0.90% Li2O, and
    • 13.5 m at 1.25% Li2O.
  • Proceeds of $1.9 million received on exercise of warrants expiring December 15, 2024.

Q2 Metals Corp. (TSXV:QTWO)(OTCQB:QUEXF)(FSE:458) (Q2 or the Company) is pleased to report that it has received core assay results on drill hole CS-24-020, as well as one small interval that was remaining on drill hole CS-24-021 from the 2024 drill campaign at the Cisco Lithium Property (the Property or the Cisco Property) located within the greater Nemaska traditional territory of the Eeyou Istchee James Bay region of Quebec, Canada. All core assay results from the 2024 drill campaign at the Cisco Property have now been received and reported on.

The Company also announces that all share purchase warrants originally issued in a December 2022 private placement financing were exercised in advance of their December 15, 2024 expiry date. Total proceeds of $1,906,250 was received from the exercise of 6,250,000 share purchase warrants bearing a strike price of $0.305 per share.

“2024 has been a transformative year for Q2. Since its acquisition in February 2024, we have been focused on the Cisco Property, which has far surpassed our lofty expectations,” said Neil McCallum, Q2 Metals Vice President of Exploration. “With the final drill results now reported on from our 2024 exploration campaign, we are eager to resume work on Cisco in late January and expand on the exceptional results we’ve received so far.”

“We are pleased that the cash proceeds from the exercise of expiring warrants, as well as the exercise of other in-the-money warrants, will further add to Q2’s strong balance sheet, providing us with a solid financial foundation from which we will continue to build shareholder value through the drill bit with our 2025 winter exploration program,” said Alicia Milne, President and Chief Executive Officer of Q2 Metals. “Plans for the winter campaign at Cisco are being finalized and will be detailed early in the new year.”

Results for CS-24-020
The analytical results reported herein represent 405 m of drilling over one (1) hole (CS-24-020), as well as the uppermost interval of drill hole CS-24-021, during the 2024 drill campaign. Complete highlighted intervals from hole CS-24-020, are summarized in Table 1 and represented in Figure 1, with two cross sections in Figures 2 and 3.

Figure 1. Map of Recent Drill Holes with Analytical Results at Cisco Property

Drill hole CS-24-020 was drilled on the same pad as hole CS-24-023 and approximately 150 m to the southeast of hole CS-24-019. The results reveal several separate mineralized intervals including the widest intervals: 26.5 m at 1.08% Li2O, 15.8 m at 1.43% Li2O, 13.5 m at 1.25% Li2O and 41.6 m at 0.90% Li2O.

Figure 2. Cross Section C (looking northeast)

All drill holes from the 2024 drill campaign are detailed in Figure 3 from northeast to southwest and represent a drill-defined strike length of approximately 850 m. The surface outcrops and drilling suggest that the mineralization may continue to the south for another 1,050 m.

As previously reported, drill hole CS-24-023, drilled from the same drill pad as CS-24-020, confirms the continuity of the mineralized system to the southeast and the mineralized system remains open in both directions.

Figure 3. Long Section containing all holes drilled to-date (looking southwest)
Table 1. Summary of Analytical Results of Spring Drill Holes at Cisco Property

All intervals of greater than 2 m of core-length are included in the table. Internal dilution of non-pegmatite material was limited to intervals of less than 5 m. No specific grade cap or lower cut-offs were used during grade and width calculations. All intervals are reported as core widths and mineralized intervals in all the holes drilled thus far are not representative of the true width as the modelled pegmatite zones are being refined with every additional hole. Complete drill hole collar, lithology and assay information is available at: www.q2metals.com/property/cisco-lithium-property/

Sampling, Analytical Methods and QA/QC Protocols

Drill core was saw-cut with half-core sent for geochemical analysis and half-core remaining in the box for reference. The same side of the core was sampled to maintain representativeness. All drill core samples were shipped to SGS Canada’s preparation facility in Val D’Or, Quebec, for standard sample preparation (code PRP92) which includes drying at 105°C, crushing to 90% passing 2 mm, riffle split 500 g, and pulverize 85% passing 75 microns. The pulps are then shipped by air to SGS Canada’s laboratory in Burnaby, BC, where the samples are homogenized and subsequently analyzed for multi-element (including Li and Ta) using sodium peroxide fusion with ICP-AES/MS finish (code GE_ICM91A50). The Li grade presented herein was reported by SGS Canada as lithium oxide (Li 2O).

Upcoming Events
AME Roundup Core Shack

Q2 is pleased to have been selected as a participant in the core shack at the upcoming AME annual Roundup conference being held in Vancouver, BC from January 20 – 23, 2025.

Vice President of Exploration Neil McCallum as well as senior project geologists will be on hand with core from the 2024 drill season at Cisco. Mr. McCallum will also be presenting at the Critical and Base Metals Speaker Session on Tuesday January 21, 2025.

For more information on AME Roundup, please click here.

PDAC Booth and Core Shack

The Company will be attending and exhibiting on site at the 2025 Prospectors & Developers Association of Canada event (“PDAC 2025”) in Toronto, ON. Q2 is exhibiting in the Investors Exchange from March 2 – 5, 2025 at booth number 2726.

Additionally, Q2 Metals is pleased to announce that the Company has been selected to exhibit core from the Cisco Lithium Property at PDAC 2025. More details to be provided as the event approaches.

For more information on PDAC 2025, please click here.

Qualified Person
Neil McCallum, B.Sc., P.Geol, is a registered permit holder with the Ordre des Géologues du Québec and Qualified Person as defined by NI 43-101 (“QP”) and has reviewed and approved the technical information in this news release. Mr. McCallum is a director and VP Exploration for Q2.

About Q2 Metals Corp
Q2 Metals is a Canadian mineral exploration company focused on unlocking its portfolio of lithium projects in the Eeyou Istchee James Bay region of Quebec, Canada, that includes both its 100-per-cent-owned Mia Lithium Property and the Cisco Lithium Property.

The Cisco Property is comprised of 767 claims, totaling 39,389 hectares (“ha”). The Cisco Property transects the Billy Diamond Highway, and the main mineralized zone is located only 6.5 kilometres (“km”) away from the highway. The Cisco Property is approximately 150 km north of Matagami, a small town that contains the closest rail link to much of James Bay; and is within the greater Nemaska traditional territory of the Eeyou Istchee Territory, James Bay, Quebec.

The Cisco Property is situated along the Frotet Evans Greenstone Belt, comprised of a volcanic package dominated by mafic to felsic metavolcanic rocks, of the southern James Bay Lithium District, the same belt that hosts the Sirmac and Moblan lithium deposits, located 130 km and 180 km away, respectively.

The Cisco Lithium Property has district-scale potential with an already identified mineralized zone and discovery drill results that include:

  • 120.3 metres at 1.72% Li2O (hole CS-24-010);
  • 215.6 metres at 1.69% Li2O (hole CS-24-018);
  • 347.1 metres at 1.35% Li2O (hole CS-24-021); and
  • 188.6 metres at 1.56% Li2O (hole CS-24-023)

Since May 2024, the Company has drilled a total of 6,359.7 m over 17 holes. All drill holes intercepted pegmatite with visual indications of spodumene mineralization identified.

FOR FURTHER INFORMATION, PLEASE CONTACT:

Alicia Milne
President & CEO
Alicia@Q2metals.com		Jason McBride
Corporate Communications
Jason@Q2metals.com

Telephone: 1 (800) 482-7560
E-mail: info@Q2metals.com
WWW.Q2Metals.com

Follow the Company: Twitter, LinkedIn, Facebook, and Instagram

Forward-Looking Statements
This news release contains forward-looking statements and forward-looking information (collectively, “forward-looking statements”) within the meaning of applicable Canadian legislation. Forward-looking statements are typically identified by words such as: “believes”, “expects”, “anticipates”, “intends”, “estimates”, “plans”, “may”, “should”, “would”, “will”, “potential”, “scheduled” or variations of such words and phrases and similar expressions, which, by their nature, refer to future events or results that may, could, would, might or will occur or be taken or achieved. Accordingly, all statements in this news release that are not purely historical are forward-looking statements and include statements regarding beliefs, plans, expectations and orientations regarding the future including, without limitation, any statements or plans regard the geological prospects of the Company’s properties and the future exploration endeavors of the Company. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in the forward-looking statements. Forward-looking statements are based on a number of material factors and assumptions.

Forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause actual results to differ materially from those anticipated in such forward-looking statements. The forward-looking statements in this news release speak only as of the date of this news release or as of the date specified in such statement. Forward looking statements in this news release include, but are not limited to, drilling results on the Cisco Property and inferences made therefrom, the potential scale of the Cisco Property, the focus of the Company’s current and future exploration and drill programs, the scale, scope and location of future exploration and drilling activities, the Company’s expectations in connection with the projects and exploration programs being met, the Company’s objectives, goals or future plans, statements, exploration results, potential mineralization, the estimation of mineral resources, exploration and mine development plans, timing of the commencement of operations and estimates of market conditions. Factors that could cause actual results to differ materially from those in forward-looking statements include failure to obtain necessary approvals, variations in ore grade or recovery rates, changes in project parameters as plans continue to be refined, unsuccessful exploration results, changes in project parameters as plans continue to be refined, results of future resource estimates, future metal prices, availability of capital and financing on acceptable terms, general economic, market or business conditions, risks associated with regulatory changes, defects in title, availability of personnel, materials and equipment on a timely basis, accidents or equipment breakdowns, uninsured risks, delays in receiving government approvals, unanticipated environmental impacts on operations and costs to remedy same. Readers are cautioned that mineral exploration and development of mines is an inherently risky business and accordingly, the actual events may differ materially from those projected in the forward-looking statements. Additional risk factors are discussed in the section entitled “Risk Factors” in the Company’s Management Discussion and Analysis for its recently completed fiscal period, which is available under Company’s SEDAR profile at www.sedarplus.ca.

Should one or more of these risks or uncertainties materialize, or should assumptions underlying the forward-looking statements prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, believed, estimated or expected. Although the Company has attempted to identify important risks, uncertainties and factors which could cause actual results to differ materially, there may be others that cause results not to be as anticipated, estimated or intended. The Company does not intend, and does not assume any obligation, to update this forward-looking information except as otherwise required by applicable law.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

SOURCE: Q2 Metals Corp.

GMG’s THERMAL-XR(R) Demonstrates Potential for Electronics Heat Sink Miniaturization and Efficiency

Graphene Manufacturing Group Ltd. (TSXV: GMG) (OTCQX: GMGMF) (“GMG” or the “Company”) is pleased to provide a business update on the commercialisation progress of THERMAL-XR® Powered by GMG Graphene.

CUSTOMER ENGAGEMENT UPDATE

GMG continues to make progress in testing with companies in multiple industries for the use of THERMAL-XR® in their products, including on heat sinks for electronics. Figure 1 shows an aluminium heat sink that is commonly used in electronics for removing heat from printed circuit boards, electrical circuits and processing silicon chips, and that has been coated with THERMAL-XR®.

HEAT SINK MINIATURISATION:

Third-party verified modelling demonstrates that applying THERMAL-XR® to a heat sink could reduce its size by up to 39%, while maintaining equivalent thermal performance, offering the potential for weight and material cost savings. Figure 2 shows that the maximum temperature reached by a heat sink coated with THERMAL-XR® is 62 degrees centigrade, 23% lower than the maximum temperature of 80 degrees Celsius reached by a heat sink of equal size that has not been coated with THERMAL-XR®. Figure 3 shows that a heat sink coated with THERMAL-XR® that is 39% smaller in terms of width achieves the same performance as a heat sink that has not been coated with THERMAL-XR®.

Global Printed Circuit Board (PCB) production is projected[1] to reach 530 million square meters annually by the year 2030, or about 5.3 trillion printed circuit boards. As PCB density increases, higher current loads lead to more heat, with 5.2 billion units expected to require heat sinks for cooling. THERMAL-XR® coated on the heat sinks, enhances the heat sink efficiency, enabling smaller heat sinks and more compact PCB assemblies. The total amount of THERMAL-XR® that could be used for this application to improve performance is 26.5 million litres per annum by 2030, assuming 0.1% will use the coating.

GMG’s Managing Director and CEO, Craig Nicol, commented: “Heat sinks are a critical component of modern electronics, but they come with various challenges, especially as devices become smaller, faster, and more powerful. GMG’s THERMAL-XR® offers a potential solution in heat sink miniaturization, enabling up to 39% size reduction while maintaining thermal performance. This has the potential to not only cut material costs but also unlock new opportunities for compact and efficient electronics designs, addressing the rising thermal management demands of the global printed circuit board market.”

About THERMAL-XR® powered by GMG Graphene:

THERMAL-XR® COATING SYSTEM is a unique method of improving the thermal heat transfer of heat exchange surfaces. The process coats and protects heat exchange surfaces while increasing the heat transfer rate by leveraging the physics of GMG Graphene, resulting in an efficiency improvement and a potential power reduction.

THERMAL-XR® is powered by GMG Graphene. PATENT PENDING

About GMG www.graphenemg.com

GMG is a clean-technology company which seeks to offer energy saving and energy storage solutions, enabled by graphene, including that manufactured in-house via a proprietary production process. GMG has developed a proprietary production process to decompose natural gas (i.e. methane) into its elements, carbon (as graphene), hydrogen and some residual hydrocarbon gases. This process produces high quality, low cost, scalable, ‘tuneable’ and low/no contaminant graphene suitable for use in clean-technology and other applications.

The Company’s present focus is to de-risk and develop commercial scale-up capabilities, and secure market applications. In the energy savings segment, GMG has focused on graphene enhanced heating, ventilation and air conditioning (“HVAC-R”) coating (or energy-saving coating), lubricants and fluids.

In the energy storage segment, GMG and the University of Queensland are working collaboratively with financial support from the Australian Government to progress R&D and commercialization of graphene aluminium-ion batteries (“G+AI Batteries”).

GMG’s 4 critical business objectives are:

  1. Produce Graphene and improve/scale cell production processes
  2. Build Revenue from Energy Savings Products
  3. Develop Next-Generation Battery
  4. Develop Supply Chain, Partners & Project Execution Capability

For further information please contact:

  • Craig Nicol, Chief Executive Officer & Managing Director of the Company at craig.nicol@graphenemg.com, +61 415 445 223
  • Leo Karabelas at Focus Communications Investor Relations, leo@fcir.ca, +1 647 689 6041

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accept responsibility for the adequacy or accuracy of this news release.

Cautionary Note Regarding Forward-Looking Statements

This news release includes certain statements and information that may constitute forward-looking information within the meaning of applicable Canadian securities laws. Forward-looking statements relate to future events or future performance and reflect the expectations or beliefs of management of the Company regarding future events. Generally, forward-looking statements and information can be identified by the use of forward-looking terminology such as “intends”, “expects” or “anticipates”, or variations of such words and phrases or statements that certain actions, events or results “may”, “could”, “should”, “would” or will “potentially” or “likely” occur. This information and these statements, referred to herein as “forward‐looking statements”, are not historical facts, are made as of the date of this news release and include without limitation, the progression of testing and sales of THERMAL-XR® in multiple industries, the benefits of using THERMAL-XR® on heat sinks, the projected growth of PCB production, and the number of PCBs which will require heat sinks in the future.

Such forward-looking statements are based on a number of assumptions of management, including, without limitation, that the Company will continue to receive interest in testing and buying THERMAL-XR® from multiple industries, that the use of THERMAL-XR® on heat sinks will result in the benefits expected by management, that the use of THERMAL-XR® will allow heat sinks to be smaller while delivering equivalent thermal performance, that PCB production will grow as currently projected, and that the number of PCBs requiring heat sinks in the future will align with current estimates. Additionally, forward-looking information involves a variety of known and unknown risks, uncertainties and other factors which may cause the actual plans, intentions, activities, results, performance or achievements of GMG to be materially different from any future plans, intentions, activities, results, performance or achievements expressed or implied by such forward-looking statements. Such risks include, without limitation: that the Company will not continue to receive interest in testing and purchasing THERMAL-XR® from multiple industries, that THERMAL-XR® will not have the expected benefits when applied to heat sinks, that the size of heat sinks will not be reduced, that PCB production will not grow as expected, that PCBs will not require heat sinks in the future, that THERMAL-XR® coated heat sinks will not enable more compact printed circuit board assemblies, that there will not be demand for THERMAL-XR® in the heat sink market, risks relating to the extent and duration of the conflict in Eastern Europe and its impact on global markets, the volatility of global capital markets, political instability, the failure of the Company to obtain regulatory approvals, attract and retain skilled personnel, unexpected development and production challenges, unanticipated costs and the risk factors set out under the heading “Risk Factors” in the Company’s annual information form dated October 3, 2024 available for review on the Company’s profile at www.sedarplus.ca.

Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. Readers are cautioned that reliance on such information may not be appropriate for other purposes. The Company does not undertake to update any forward-looking statement, forward-looking information or financial out-look that are incorporated by reference herein, except in accordance with applicable securities laws. We seek safe harbor.

[1] Areas of PCB production projected from the source, Prismark Printed Circuit Board Market Report 2021, page 13

Corporate Logo

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/233324

Kincora Announces Shareholder Meeting Results

Kincora Copper Limited (TSXV: KCC) (the “Company”, “Kincora”) is pleased to announce the results of voting at its Annual General and Special Meeting (“AGM” or the “Meeting”) on December 9th, 2024 at 4pm PST held by hybrid meeting with webcast from Vancouver, Canada.

All matters submitted to shareholders for approval as set out in the Company’s Notice of Meeting and Information Circular, dated November 8th, 2024, were approved by the requisite majority of votes cast at the Meeting with 23.53% of shareholder proxies returned.

Details of the resolutions are provided below as well as an update that was presented to shareholders at the Meeting.

This announcement has been authorised for release by the Board of Kincora Copper Limited.

By order of the Board of Directors:
Cameron McRae, Chairman
enquiries@kincoracopper.com or +1 604 283 1722

Kincora Copper Limited (ARBN 645 457 763)

Executive office CanadaSubsidiary office Australia
400 – 837 West Hastings StreetVista Australia
Vancouver, BC V6C 3N6, CanadaLevel 4, 100 Albert Road
Tel: 1.604.283.1722South Melbourne, Victoria 3205
Fax: 1.888.241.5996Tel: +613 9692 7222

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) or the Australian Securities Exchange accepts responsibility for the adequacy or accuracy of this release.

AGM details

Audited Annual Report
Shareholders received and considered the Financial Statements for the financial year ended December 31, 2023 and the report of the auditor thereon.

Number of Directors | 99.89% For
Shareholders approved retaining the number of directors at five (5).

Election of Directors 
Shareholders voted in favour of Kincora’s management’s nominees to the board of directors: Jonathan (Sam) Spring (99.87% For), John Holliday (99.87% For), Luke Murray (99.81% For), Cameron McRae (91.71% For) and Jeremy Robinson (99.85% For).

Auditor Appointed | 100.00% For
Manning Elliot LLP was appointed Auditor of the Company to hold office until the next AGM or until its successor is duly appointed, and the directors were authorized to fix the Auditor’s remuneration.

Approval of Issue of Tranche 2 Placement Shares | 98.83% For
Shareholders passed an ordinary resolution to ratify the issuance prior placement shares as described in the Information Circular.

Approval of Issuance Placement Option | 98.75% For
Shareholders passed an ordinary resolution to ratify the issuance of placement options relating to prior placement shares as described in the Information Circular.

Ratification of Prior Issuance of Placement Shares | 99.58% For
Shareholders passed an ordinary resolution to ratify the issuance prior placement shares as described in the Information Circular.

Share Capacity | 99.50% For
Shareholders passed a special resolution re-approving the capacity to issuance up to an additional 10% capital over a 12 month period pursuant to ASX Listing Rule 7.1A as described in the Information Circular.

Equity Incentive Plan (EIP) | 99.74% For
Shareholders passed an ordinary resolution re-approving of the existing EIP as amended as described in the Information Circular.

Shares for Services Agreement | 90.76% For
Shareholders passed an ordinary resolution re-approving of the existing shares for services agreements as described in the Information Circular.

Ratification of Prior Issuance of Options pursuit to EIP | 90.84% For
Shareholders passed an ordinary resolution to ratify the issuance prior options pursuit to the existing EIP as described in the Information Circular.

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To view the source version of this press release, please visit https://www.newsfilecorp.com/release/233137

Q2 Metals Drills 188.6 M Grading 1.56% Li2O, including 26 Metres of 2.03% Li2O, at the Cisco Lithium Property, James Bay, Quebec, Canada

Highlights:

  • Two (2) additional drill holes from the summer drill campaign with strong analytical results are reported herein. Highlights include:
    • CS-24-022: Three wide intervals containing:
      • 55.8 m at 1.60% Li2O;
      • 52.3 m at 1.78% Li2O, including 21 m at 2.46% Li2O; and
      • 47.2 m at 1.55% Li2O.
    • CS-24-023: Widest interval of 188.6 m at 1.56% Li2O, including 26.0 m at 2.03% Li2O.

Q2 Metals Corp. (TSX.V:QTWO)(OTCQB:QUEXF)(FSE:458) (Q2 or the Company) is pleased to report further assay results from the 2024 drill campaign at the Cisco Lithium Property (the Property or the Cisco Property) located within the greater Nemaska traditional territory of the Eeyou Istchee James Bay region of Quebec, Canada. All drill holes intersected pegmatite with visual indications of spodumene mineralization identified.

“The results of drill hole 23 successfully confirmed the continuity of spodumene mineralization over the 850-metre strike length and, combined with drill hole 22, which underscores the down-dip continuity between holes 13, 17, 18 and 22, reinforces our confidence in the scale of Cisco, ” said Neil McCallum, Q2 Metals Vice President of Exploration.” Significantly more upside potential exists, and we plan to continue growing the already very large system to both the south and the east in our upcoming winter exploration program.”

A total of 6,359.7 metres (“m”) was drilled over 17 drill holes during the 2024 drill campaign at the Cisco Property. Analytic results for drill hole CS-24-020 remain to be reported.

The analytical results reported herein represent 1,188.1 m of drilling over two (2) holes during the 2024 drill campaign. Complete highlighted intervals from drill holes CS-24-022 and 023 are summarized in Table 1 and represented in Figure 1 and 2.

Drill hole CS-24-022 was collared 200 m behind and on the same line as drill hole CS-24-018 to test the continuity of the mineralized system to the southeast. Drill hole CS-24-018 was the first hole with analytic results that confirmed the large, mineralized zone to the south with a 215.6 m interval grading 1.69% Li 2 O, including 64.6 m at 2.29% Li 2 O.

A total of 10 individual spodumene pegmatite intervals were encountered in drill hole CS24-022 with:

  • Seven (7) intervals greater than 10 m wide, and
  • Four (4) of those intervals greater than 40 m wide.

Drill hole CS-24-022 successfully confirmed the continuity of the mineralized system to the southeast with three separate intervals grading at or over 1.55% Li 2 O (see Figure 2).

image

Figure 1. Map of Recent Drill Holes with Analytical Results at Cisco Property

Drill hole CS-24-023 was collared in the same location as drill hole CS24-020 to test the continuity of the main large continuous pegmatite zone encountered in drill holes CS-24-010, 018 and 021 to the south.

Drill hole CS-24-023 encountered 12 individual spodumene pegmatite intervals with:

  • Six (6) intervals greater than 10 m wide, and
  • The widest individual interval measured 188.6 m and averaged 1.56% Li 2 O, including 26.0 m averaging 2.03% Li 2 O.

Drill hole CS-24-023 confirmed that the main large continuous pegmatite system continues to the south.

Figure 2. Cross Section B (looking northeast)

Table 1. Summary of Analytical Results of Drill Holes CS24-022 and CS24-023 at Cisco Property

All intervals of greater than 2 m of core-length are included in Table 1. Internal dilution of non-pegmatite material was limited to intervals of less than 5 m. No specific grade cap or lower cut-offs were used during grade and width calculations. All intervals are reported as core widths and mineralized intervals in all the holes drilled thus far are not representative of the true width as the modelled pegmatite zones are being refined with every additional hole. Drill hole collar information has been previously reported for each drill hole reported herein and is also available at: https://www.q2metals.com/property/cisco-lithium-property/.

Due to the Quality Assurance/Quality Control (“QA/QC”) protocols in place by both Q2 and the analytical laboratory (SGS Canada), drill hole CS-24-020 was re-submitted for testing. Results will be reported when received and reviewed by Q2.

Upcoming 2025 Events:
AME Roundup Core Shack

Q2 is pleased to have been selected as a participant in the core shack at the upcoming AME annual Roundup conference being held in Vancouver, BC from January 20 – 23, 2025. Vice President of Exploration, Neil McCallum, as well as senior project geologists will be on hand with core from the 2024 drill campaign at the Cisco Property. Mr. McCallum will also be presenting at the AME Critical and Base Metals Speaker Session on Tuesday January 21, 2025.

For more information on AME Roundup, please click here.

PDAC Core Shack
Q2 has also been selected to exhibit core from the Cisco Property at the 2025 Prospectors & Developers Association of Canada event (“PDAC 2025”) in Toronto, ON, in addition to participating in the Investors Exchange from March 2 – 5, 2025. More details will be provided as the event approaches.

For more information on PDAC 2025, please click here.

About the Cisco Property
The Cisco Property is comprised of 767 claims, totaling 39,389 hectares (“ha”). The Cisco Property transects the Billy Diamond Highway, and the main mineralized zone is located only 6.5 kilometres (“km”) away from the highway. The Cisco Property is approximately 150 km north of Matagami, a small town that contains the closest rail link to much of James Bay; and is within the greater Nemaska traditional territory of the Eeyou Istchee Territory, James Bay, Quebec.

The Cisco Property is situated along the Frotet Evans Greenstone Belt, comprised of a volcanic package dominated by mafic to felsic metavolcanic rocks, of the southern James Bay Lithium District, the same belt that hosts the Sirmac and Moblan lithium deposits, located 130 km and 180 km away, respectively.

Qualified Person
Neil McCallum, B.Sc., P.Geol, is a registered permit holder with the Ordre des Géologues du Québec and Qualified Person as defined by NI 43-101 (“QP”) and has reviewed and approved the technical information in this news release. Mr. McCallum is a director and VP Exploration for Q2.

Sampling, Analytical Methods and QA/QC Protocols
A QA/QC protocol following industry best practices was incorporated into the sampling program. Measures include the systematic insertion of quartz blanks and certified reference materials (CRMs) into sample batches at a rate of approximately 5% each. Additionally, analysis of pulp-split and reject-split duplicates was completed to assess analytical precision. The QP has verified the QA/QC results of the analytical work.

Drill core was saw-cut with half-core sent for geochemical analysis and half-core remaining in the box for reference. The same side of the core was sampled to maintain representativeness. All drill core samples were shipped to SGS Canada’s preparation facility in Val D’Or, Quebec, for standard sample preparation (code PRP92) which includes drying at 105°C, crushing to 90% passing 2 mm, riffle split 500 g, and pulverize 85% passing 75 microns. The pulps are then shipped by air to SGS Canada’s laboratory in Burnaby, BC, where the samples are homogenized and subsequently analyzed for multi-element (including Li and Ta) using sodium peroxide fusion with ICP-AES/MS finish (code GE_ICM91A50). The Li grade presented herein was reported by SGS Canada as lithium oxide (Li 2 O).

About Q2 Metals Corp
Q2 is a Canadian mineral exploration company focused on unlocking its portfolio of lithium projects in the Eeyou Istchee James Bay region of Quebec, Canada, that includes both its 100-per-cent-owned Mia Lithium Property and the Cisco Property.

The Cisco Property is located approximately 150 km north of Matagami, Que., and comprises 767 mineral claims and is 39,389 ha in size. The Cisco Property has district-scale potential with an already identified mineralized zone and discovery drill results that include:

  • 120.3 metres at 1.72% Li 2 O (hole CS-24-010);
  • 215.6 metres at 1.69% Li 2 O (hole CS-24-018); and
  • 347.1 metres at 1.35% Li 2 O (hole CS-24-021)

Since May 2024, Q2 has drilled a total of 6,359.7 m over 17 holes. All drill holes intercepted pegmatite with visual indications of spodumene mineralization identified.

FOR FURTHER INFORMATION, PLEASE CONTACT:
Alicia Milne Jason McBride
President & CEO Corporate Communications
Alicia@Q2metals.com Jason@Q2metals.com
Telephone: 1 (800) 482-7560
E-mail: info@Q2metals.com


WWW.Q2Metals.com

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Forward-Looking Statements
This news release contains forward-looking statements and forward-looking information (collectively, “forward-looking statements”) within the meaning of applicable Canadian legislation. Forward-looking statements are typically identified by words such as: “believes”, “expects”, “anticipates”, “intends”, “estimates”, “plans”, “may”, “should”, “would”, “will”, “potential”, “scheduled” or variations of such words and phrases and similar expressions, which, by their nature, refer to future events or results that may, could, would, might or will occur or be taken or achieved. Accordingly, all statements in this news release that are not purely historical are forward-looking statements and include statements regarding beliefs, plans, expectations and orientations regarding the future including, without limitation, any statements or plans regard the geological prospects of the Company’s properties and the future exploration endeavors of the Company. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in the forward-looking statements. Forward-looking statements are based on a number of material factors and assumptions.

Forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause actual results to differ materially from those anticipated in such forward-looking statements. The forward-looking statements in this news release speak only as of the date of this news release or as of the date specified in such statement. Forward looking statements in this news release include, but are not limited to, drilling results on the Cisco Property and inferences made therefrom, the potential scale of the Cisco Property, the focus of the Company’s current and future exploration and drill programs, the scale, scope and location of future exploration and drilling activities, the Company’s expectations in connection with the projects and exploration programs being met, the Company’s objectives, goals or future plans, statements, exploration results, potential mineralization, the estimation of mineral resources, exploration and mine development plans, timing of the commencement of operations and estimates of market conditions. Factors that could cause actual results to differ materially from those in forward-looking statements include failure to obtain necessary approvals, variations in ore grade or recovery rates, changes in project parameters as plans continue to be refined, unsuccessful exploration results, changes in project parameters as plans continue to be refined, results of future resource estimates, future metal prices, availability of capital and financing on acceptable terms, general economic, market or business conditions, risks associated with regulatory changes, defects in title, availability of personnel, materials and equipment on a timely basis, accidents or equipment breakdowns, uninsured risks, delays in receiving government approvals, unanticipated environmental impacts on operations and costs to remedy same. Readers are cautioned that mineral exploration and development of mines is an inherently risky business and accordingly, the actual events may differ materially from those projected in the forward-looking statements. Additional risk factors are discussed in the section entitled “Risk Factors” in the Company’s Management Discussion and Analysis for its recently completed fiscal period, which is available under Company’s SEDAR profile at www.sedarplus.ca.

Should one or more of these risks or uncertainties materialize, or should assumptions underlying the forward-looking statements prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, believed, estimated or expected. Although the Company has attempted to identify important risks, uncertainties and factors which could cause actual results to differ materially, there may be others that cause results not to be as anticipated, estimated or intended. The Company does not intend, and does not assume any obligation, to update this forward-looking information except as otherwise required by applicable law.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

SOURCE: Q2 Metals Corp.

Military Metals Responds to China’s Export Ban on Critical Minerals

Military Metals Corp. (CSE: MILI) (OTCQB: MILIF) (FSE: QN90) (the “Company” or “MILI”) a leading North American exploration company focused on critical minerals, acknowledges today’s announcement by China banning exports of gallium, germanium, and antimony to the United States. This move underscores the urgent need for Western nations to secure reliable long-term sources of these essential materials.

Antimony, a critical component in military applications, energy storage, and advanced manufacturing, is now at the forefront of the global supply chain crisis. China’s ban, coupled with existing restrictions that came into effect September 15, 2024, has already sent antimony prices soaring by over 228% this year(1). The Western world faces mounting pressure to address its reliance on China for strategic resources critical to national defense and technological innovation. This ban comes at a time when defense sector inventories are at already concerningly low levels.(2)

Military Metals recent antimony mineral project acquisitions in Slovakia, Nova Scotia, and Nevada provide shareholders with a pure antimony play with a diverse portfolio in top jurisdictions.

“This announcement from China reinforces the importance of Military Metals’ mission to secure a sustainable, independent future supply chain for critical minerals,” said Scott Eldridge, CEO of Military Metals Corp. “The West can no longer afford to rely on adversarial nations for resources essential to our security and economic stability. We are taking proactive steps to meet this growing demand with future domestic and allied sources of antimony.”

As geopolitical tensions escalate and the trade war intensifies, Military Metals will continue to prioritize the development of critical mineral resources and work closely with governments and industry partners to ensure the West remains resilient and self-sufficient.

About Military Metals Corp.

The Company is a British Columbia-based mineral exploration company that is primarily engaged in the acquisition, exploration and development of mineral properties with a focus on antimony.

ON BEHALF OF THE BOARD of DIRECTORS

For more information, please contact:

Scott Eldridge
CEO and Director
scott@militarymetalscorp.com

For enquiries, please call 604-722-5381 or 604-537-7556

This news release contains “forward-looking information”. Often, but not always, forward-looking statements can be identified by the use of words such as “plans”, “expects”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates”, or “believes” or variations (including negative variations) of such words and phrases, or state that certain actions, events or results “may”, “could”, “would”, “might” or “will” be taken, occur or be achieved. Forward-looking information in this news release include exploration activities, and assumptions related to the continuation of the global demand for antimony. A variety of factors, including known and unknown risks, many of which are beyond our control, could cause actual results to differ materially from the forward-looking information in this news release. These include, geopolitical developments related to the supply of antimony, the continued use of antimony and availability of alternatives, availability of capital and labour in respect of the properties that are the subjects of this news release, the results of any future exploration activities, which cannot be guaranteed, and such other factors as may impact both and any future activities in respect of the properties.. Additional risk factors can also be found in the Company’s public filings under the Company’s SEDAR+ profile at www.sedarplus.ca. Forward-looking statements contained herein are made as of the date of this news release and the Company disclaims any obligation to update any forward-looking statements, whether as a result of new information, future events or results or otherwise. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. The Company undertakes no obligation to update forward looking statements if circumstances, management’s estimates or opinions should change, except as required by securities legislation. Accordingly, the reader is cautioned not to place undue reliance on forward-looking statements.

The Canadian Securities Exchange has neither approved nor disapproved the information contained herein and does not accept responsibility for the adequacy or accuracy of this news release.

(1)Reuters; China bans export of critical minerals to US as trade tensions escalate; By Amy Lv and Tony Munroe; December 3, 2024
(2)Heritage Foundation: commentary/It’s Past Time to Re-Supply Our Munitions-Depleted U.S. Navy by Jim Fein; June 17, 2024

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Military Metals Completes Claim Staking Around the Last Chance Antimony-Gold Property in Nevada

Military Metals Corp. (CSE: MILI) (OTCQB: MILIF) (FSE: QN90) (the “Company” or “MILI”) is pleased to report that it has completed additional staking of claims surrounding the Last Chance antimony-gold property, located in Nye County, Nevada, just over 70km north of the town of Tonapah and 12km due west of Kinross’ Round Mountain gold mine. The Company recently entered into a letter of intent to acquire the Last Chance antimony-gold property. Please refer to the Company’s news release dated November 14, 2024, for additional details about the Last Chance property.

Scott Eldridge, Chief Executive Officer of the Company, commented, “Antimony prices have now risen to $38,000 USD per tonne, making antimony the top performing commodity thus far for 2024. China’s export restriction that came into play September 15, 2024, has created a supply crunch that has magnified the need for domestic development of defense sector metals. This additional staking solidifies complete coverage of what we believe is the entire mineralized system surrounding the Last Chance antimony-gold property.”

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Location map, Last Chance Property

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Historical antimony-gold occurrences and a solitary shaft where limited historical production is recorded occur within a sequence of Paleozoic carbonates and Lower Mesozoic metamorphosed shales and carbonates; A series of ultramafic dykes as well as younger felsic intrusives and extrusives cut this sequence at several locations. Mineralization is structurally controlled, with folding, faulting and quartz veining seen throughout the metamorphosed sedimentary sequence at several locations across the property.

A fence of claims was staked surrounding the Last Chance property to ensure that additional ground considered potentially prospective remains available to the Company when it begins its first field campaign scheduled for Q2/2025.

The technical contents of this release were reviewed and approved by Avrom E. Howard, MSc, PGeo, geological consultant to Military Metals and a qualified person as defined by NI 43-101.

About Military Metals Corp.

The Company is a British Columbia-based mineral exploration company that is primarily engaged in the acquisition, exploration and development of mineral properties with a focus on antimony.

ON BEHALF OF THE BOARD of DIRECTORS

For more information, please contact:

Scott Eldridge
CEO and Director

scott@militarymetalscorp.com

For enquiries, please call 604-722-5381 or 604-537-7556

This news release contains “forward-looking information”. Often, but not always, forward-looking statements can be identified by the use of words such as “plans”, “expects”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates”, or “believes” or variations (including negative variations) of such words and phrases, or state that certain actions, events or results “may”, “could”, “would”, “might” or “will” be taken, occur or be achieved. Forward-Looking information in this news release includes statements related to the completion of a binding agreement and closing of the acquisition of the Last Chance Gold Property, as well as future plans for exploration activities, and assumptions related to the continuation of the global demand for antimony. A variety of factors, including known and unknown risks, many of which are beyond our control, could cause actual results to differ materially from the forward-looking information in this news release. These include meeting the conditions to close the acquisition of the Last Chance Gold Property, geopolitical developments related to the supply of antimony, the continued use of antimony and availability of alternatives, availability of capital and labour in respect of the properties that are the subjects of this news release, the results of any future exploration activities, which cannot be guaranteed, and such other factors as may impact both and any future activities in respect of the properties. Additional risk factors can also be found in the Company’s public filings under the Company’s SEDAR+ profile at www.sedarplus.ca. Forward-Looking statements contained herein are made as of the date of this news release and the Company disclaims any obligation to update any forward-looking statements, whether as a result of new information, future events or results or otherwise. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. The Company undertakes no obligation to update forward looking statements if circumstances, management’s estimates or opinions should change, except as required by securities legislation. Accordingly, the reader is cautioned not to place undue reliance on forward-looking statements.

The Canadian Securities Exchange has neither approved nor disapproved the information contained herein and does not accept responsibility for the adequacy or accuracy of this news release.

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GMG’s THERMAL-XR(R) Awarded Product of the Year at the AIRAH 2024 Awards

Graphene Manufacturing Group Ltd. (TSXV: GMG) (“GMG” or the “Company”) is pleased to announce that THERMAL-XR® has been awarded ‘Product of the Year’ during the AIRAH 2024 Awards that took place on Thursday, November 21st, 2024 in Melbourne, Australia. The AIRAH Awards celebrate outstanding achievements from across Australia’s HVAC&R building services industry.

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Figure 1

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GMG’s Managing Director and CEO, Craig Nicol, commented: “We are truly honored that THERMAL-XR® has been recognized with the Product of the Year Award at the AIRAH 2024 Awards. This achievement is a direct result of the dedication and innovation of our team, and it reinforces our commitment to advancing energy efficiency and sustainability in the HVAC industry. We believe THERMAL-XR® represents the future of high-performance solutions, and we are proud to contribute to a more sustainable and energy-efficient world.”

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Figure 2

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About AIRAH Awards

The AIRAH Awards provide our industry with the opportunity to reflect, applaud, and raise a toast to our peers and their achievements – from promising future leaders to established sector veterans; from the finest new projects to the best retrofits; as well as the greatest in refrigeration, renewable energy, and research. Independent industry specialists determine a shortlist of finalists, from which a winner is selected by an expert judging panel. This rigorous and impartial process makes the AIRAH Awards the most highly prized accolades in Australia’s HVAC&R building services industry.

About THERMAL-XR® powered by GMG Graphene:

THERMAL-XR® COATING SYSTEM is a unique method of improving the conductivity of corroded heat exchange surfaces and improving and maintaining the performance of new units at peak levels. The process coats and protects heat exchange surfaces while improving and rebuilding the lost corroded thermal conductivity and increasing the heat transfer rate by leveraging the physics of GMG Graphene, resulting in an efficiency improvement and a potential power reduction.

THERMAL-XR ENHANCE® is powered by GMG Graphene. PATENT PENDING

About GMG www.graphenemg.com

GMG is a clean-technology company which seeks to offer energy saving and energy storage solutions, enabled by graphene, including that manufactured in-house via a proprietary production process. GMG has developed a proprietary production process to decompose natural gas (i.e. methane) into its elements, carbon (as graphene), hydrogen and some residual hydrocarbon gases. This process produces high quality, low cost, scalable, ‘tuneable’ and low/no contaminant graphene suitable for use in clean-technology and other applications.

The Company’s present focus is to de-risk and develop commercial scale-up capabilities, and secure market applications. In the energy savings segment, GMG has focused on graphene enhanced heating, ventilation and air conditioning (“HVAC-R”) coating (or energy-saving coating), lubricants and fluids.

In the energy storage segment, GMG and the University of Queensland are working collaboratively with financial support from the Australian Government to progress R&D and commercialization of graphene aluminium-ion batteries (“G+AI Batteries”).

GMG’s 4 critical business objectives are:

  1. Produce Graphene and improve/scale cell production processes
  2. Build Revenue from Energy Savings Products
  3. Develop Next-Generation Battery
  4. Develop Supply Chain, Partners & Project Execution Capability

For further information please contact:

  • Craig Nicol, Chief Executive Officer & Managing Director of the Company at craig.nicol@graphenemg.com, +61 415 445 223
  • Leo Karabelas at Focus Communications Investor Relations, leo@fcir.ca, +1 647 689 6041

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accept responsibility for the adequacy or accuracy of this news release.

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GMG Announces Annual General Meeting Results and Provides Chairman Overview and CEO Update

Graphene Manufacturing Group Ltd. (TSXV:GMG) (OTCQX: GMGMF) (“GMG” or the “Company”) is pleased to announce that in connection with the annual general meeting of the company’s shareholders (the “Meeting”), that was held both virtually and in person on November 25th, 2024, the following voting results were obtained.

A total of 40,947,619 common shares representing 42.31% of the Company’s issued and outstanding common shares were voted in connection with the Meeting. At the Meeting, shareholders re-elected four current directors: Craig Nicol, Jack Perkowski, Bob Galyen and Andrew Small. Shareholders also voted in favour of the other items of business considered at the Meeting, which included the renumeration and appointment of BDO Audit Proprietary LTD. and the approval of the Company’s 10% stock option plan.

During the annual general meeting, Jack Perkowski, Chairman of GMG, and Craig Nicol, Managing Director and CEO, delivered a corporate update for shareholders in attendance. For a replay of the presentation, please click the link provided below.

GMG 2024 AGM Presentation: https://youtu.be/fuUaQaKZROE?si=GNpL35BALI3H8a2D

About GMG

GMG is an Australian based clean-tech company listed on the TSX Venture Exchange (TSXV: GMG) that produces graphene and hydrogen by cracking methane (natural gas) instead of mining graphite. By using the company’s proprietary process, GMG can produce high quality, low cost, scalable, ‘tuneable’ and no/low contaminant graphene – enabling demonstrated cost and environmental improvements in a number of world-scale planet-friendly/clean-tech applications. Using this and other sources of low input cost graphene, the Company is developing value-added products that target the massive energy efficiency and energy storage markets.

The Company is pursuing opportunities for GMG graphene enhanced products, including developing next-generation batteries, collaborating with world-leading universities in Australia, and investigating the opportunity to enhance the performance and energy efficiency of engine oils, biodiesel and diesel fuels.

For further information, please contact:
Craig Nicol, Chief Executive Officer and Managing Director of the Company at craig.nicol@graphenemg.com, +61 415 445 223
Leo Karabelas at Focus Communications, info@fcir.ca , +1 647 689 6041

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accept responsibility for the adequacy or accuracy of this news release.

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Doubleview Gold Corp Is Concluding the Successful Drill Season of 2024

Doubleview Gold Corp. (TSXV: DBG) (OTCQB: DBLVF) (FSE: 1D4) (the “Company” or “Doubleview”) is pleased to announce that it has completed another successful drill season at its 100% owned Polymetallic Hat porphyry project, located in northwestern British Columbia. As previously announced, on October 16, 2024, the objectives of this drill season were to confirm the Mineral Resource Estimate’s (‘MRE’) block model, proof further the continuity of mineralization, increase the resource model integrity, and test new areas.

In this 2024 drill season, the Company again drilled more than 10,000 metres in 18 drill holes. 5,627 drill core samples weighing over 23 tonnes were shipped to an accredited analytical laboratory. Doubleview’s QA/QC sampling and assaying protocols are shown below. Highlights of the initial assay results from drill holes H072, H073 and H074 from the October, 16th 2024 News Release are:

Drill hole H072:

  • 686.0m of 0.23% Cu, 0.16 g/t Au, 64 g/t Co, 0.33 g/t Ag and 25.7 g/t Sc (0.38% CuEq*)
  • including 154.0m of 0.66% Cu, 0.46 g/t Au, 112 g/t Co, 0.96 g/t Ag and 24 g/t Sc (1.07% CuEq*)
  • including 62.0m of 1.12% Cu, 0.79 g/t Au, 173 g/t Co, 1.62 g/t Ag and 23.9 g/t Sc (1.81 % CuEq*)
  • including 2.0m of 5% Cu, 2.96 g/t Au, 511 g/t Co, 5.03 g/t Ag and 7 g/t Sc (7.48% CuEq*)

Drill hole H073:

  • 109m of 0.29% Cu, 0.21 g/t Au, 83 g/t Co, 0.47 g/t Ag and 6 g/t Sc (0.5% CuEq*).

Drill hole H074:

  • 128 m of 0.18%Cu, 0.14 g/t Au, 82 g/t Co, 0.29 g/t Ag and 29 g/t Sc (0.33% CuEq*)

(* Note 1: CuEq currently does not include the Scandium)
(Refer to the news release October 16th, 2024 for details)

As predicted in Doubleview’s MRE block model, drilling successfully encountered mineralization in previously un-drilled areas which also confirmed the model. In addition, three other areas were drilled. One, located at the east side of the project had been drilled previously by one hole, but this season’s drill holes explored an area of about 125m to the north of the drill site. Doubleview also stepped out 300m to the north and northwest of the Lisle Deposit to test anomaly E. Visual inspection of the drill core from these areas confirms continuity of pyrite and chalcopyrite mineralization that is characteristic of the Hat deposit.

Farshad Shirvani, president & CEO of Doubleview, stated: “We set out with several goals this season and I am pleased to announce that all objectives have been met. I sincerely appreciate the hard work of our field crew who tirelessly worked to achieve the 10,000-metre milestone again. I am looking forward to receiving the results. The continued development of our remarkable Polymetallic Hat project is bringing the spotlight to the mineral wealth of the region and the entire province of British Columbia. It takes projects like the Hat to secure important critical minerals such as copper, cobalt and scandium for the green evolution in North America and elsewhere.”

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H077, depth 251.5m: potassic alteration and chalcopyrite mineralization in an epidote vein

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The Hat deposit now extends over an area of about 1.6 x 1.7 kilometers, No boundaries of mineralization have been encountered.

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H075, depth 230.4m: massive chalcopyrite mineralization

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Doubleview is awaiting the analytical results from the laboratory which will be announced as soon as the usual data compilation and QA/QC procedures are completed. These results are going to contribute to the updated mineral resource estimate (‘MRE 2.0’).

Quality Assurance and Quality Control:

Hat Project drill cores are processed at Doubleview’s camp where they are photographed, measured and logged by our technical staff and then divided using a diamond bladed saw. One half is placed in a stout bag to form the assay sample that is forwarded securely to the independent analytical lab. The remaining half core is stored on site where it is available for further examination and sampling. The assay cores are subject to a Chain of Custody routine as they are shipped from camp to a bonded carrier for delivery to the lab.

Core samples are analysed at the North Vancouver facility of ALS Canada Ltd. using their PREP-31, PGM-ICP24, ME-MS61, and ME-ICP06 packages. Each core sample is dried, then crushed to 70% passing a 2mm screen. All material is processed in an automatic Riffle splitter to yield a 250g homogenized, representative sample. This sub-sample is then pulverized to 85% passing a 75-micron screen. All samples are analyzed for Au, Pt, Pd by 50g fire-assay fusion/ICP-ES finish, using PGM-ICP24 package. A separate 0.25g pulp split is analyzed by Four Acid digestion/ICP-MS finish, reporting 48 elements. Over limit elements are analyzed by Ore Grade Four Acid digestion/ICP-ES finish using ME-OG62 assay package. All of Doubleview’s core samples are analyzed or assayed at independent ISO 17025 and ISO 9001- certified laboratories.

When initial assays are received and accepted by our staff, a certain fraction of the samples will be sent to a second ISO-certified lab for check assay and verification purposes. Assays will be reported in News Releases.

Doubleview maintains a website at www.doubleview.ca.

Qualified Persons:

Erik Ostensoe, P. Geo., a consulting geologist, and Doubleview’s Qualified Person with respect to the Hat Project as defined by National Instrument 43-101 Standards of Disclosure for Mineral Projects, has reviewed, and approved the technical contents of this news release. He is not independent of Doubleview as he is a shareholder in the company.

About Doubleview Gold Corp

A mineral resource exploration and development company is headquartered in Vancouver, British Columbia, Canada. It is publicly traded on the TSX-Venture Exchange (TSXV: DBG), (OTCQB: DBLVF), (WKN: LA1W038), and (FSE: 1D4). Doubleview focuses on identifying, acquiring, and financing precious and base metal exploration projects across North America, with a strong emphasis on British Columbia. The company enhances shareholder value through the acquisition and exploration of high-quality gold, copper, cobalt, scandium, and silver projects-collectively critical minerals-utilizing cutting-edge exploration techniques.

Doubleview’s success is deeply rooted in the unwavering support of its long-term shareholders, supporters, and institutional investors. Their ongoing commitment has been instrumental in advancing the company’s strategic initiatives. Doubleview looks forward to further collaborative growth and development, and continues to welcome active participation from its valued stakeholders as the company expands its portfolio and strengthens its position in the critical minerals sector.

About the Hat Polymetallic Deposit

The Hat Deposit, located in northwestern British Columbia, is a polymetallic porphyry project with major resources of copper, gold, cobalt, and the potential for scandium. As one of the region’s significant sources of critical minerals, the Hat deposit has undergone targeted exploration and development. The 0.2% CuEq cut-off resource estimate, as of the recently completed Mineral Resource Estimate and the Company’s July 25, 2024, news release, is summarized below:

   Average GradeMetal Content
Open Pit Model HatResource CategoryTonnageCuEqCuCoAuAgCuEqCuCoAuAg
Mt%%%g/tg/tmillion lbmillion lbmillion lbthousand ozthousand oz
In PitIndicated1500.4080.2210.0080.190.421,353733289292,045
Inferred4770.3440.1850.0090.150.493,6191,945912,3287,575

Scandium potential for the Hat Deposit is estimated to be 300 to 500 million tonnes at an average grade of 40 ppm (0.004%) Sc2O3.

For further details of the MRE, please refer to the Company’s July 25, 2024 news release.

On behalf of the Board of Directors,

Farshad Shirvani, President & Chief Executive Officer

For further information please contact:

Doubleview Gold Corp
Vancouver, BC Farshad Shirvani
President & CEO

T: (604) 678-9587
E: corporate@doubleview.ca

NEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

Certain of the statements made and information contained herein may constitute “forward-looking information.” In particular references to the private placement and future work programs or expectations on the quality or results of such work programs are subject to risks associated with operations on the property, exploration activity generally, equipment limitations and availability, as well as other risks that we may not be currently aware of. Accordingly, readers are advised not to place undue reliance on forward-looking information. Except as required under applicable securities legislation, the Company undertakes no obligation to publicly update or revise forward-looking information, whether as a result of new information, future events or otherwise.

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