Quebec Precious Metals Corporation issues shares for payment of services

Quebec Precious Metals Corporation (QPM) announced the issuance of 221,165 common shares in payment for the services of three directors. These shares, with a total value of $19,462.52, relate to services rendered in the second quarter of the fiscal year ending January 31, 2025. This transaction aims to preserve the Company's cash flow.

The shares will be issued at $0.088 per share with a four-month hold period. This related party transaction complies with Regulation 61-101, without requiring a formal valuation or minority shareholder approval, as the total value does not exceed 25% of QPM's market capitalization.

QPM also issued 107,955 deferred share units (DSUs) to the CEO, representing 20% of his compensation for the second quarter of 2025. These DSUs do not vest for one year and are payable in common shares or cash when the holder ceases to be employed.