Quebec Precious Metals to Issue Shares for Services and DSUs

Quebec Precious Metals Corporation (QPM) announced the issuance of 221,165 common shares to settle services provided by three directors. Worth $19,462.52, these shares follow agreements set during the third quarter of the financial year ending January 31, 2025. The arrangement aims to preserve QPM's cash position by using stock compensation.

The shares, priced at $0.088 each, are subject to a four-month hold period under TSX Venture Exchange rules. As a "related party transaction," it avoids certain valuation and approval requirements as it remains within regulatory limits.

Additionally, QPM issued 107,955 deferred stock units to its CEO, adjusting compensation to include 20% as DSUs since May 2022. These vest according to the company's security plan, payable in shares or cash upon employment cessation.