QUEBEC PRECIOUS METALS CP - CJCFF STOCK NEWS

Quebec Precious Metals Corporation (OTCQB:CJCFF) has resumed drilling at its 100% owned Sakami project in Quebec's Eeyou Istchee James Bay territory. The fall and winter drilling program, fully funded, aims to expand the mineralized zone at the La Pointe Extension deposit with plans for 10,000 meters across 25 holes. Drill results from the summer program are still pending. CEO Normand Champigny expressed enthusiasm for exploring rich mineralization at depth.

Quebec Precious Metals Corporation (CJCFF) has received a $2,000,000 payment from the sale of a 2% Net Smelter Return royalty related to the Tansim lithium project. This transaction is part of a larger agreement involving Sayona Mining Limited and Lithium Royalty Corporation. Previously, QPM had received $250,000 from Sayona Qc for a 50% interest in the project's mining rights. CEO Normand Champigny noted that the funds will support their gold exploration initiatives in the James Bay region without needing equity financing.

Quebec Precious Metals Corporation (CJCFF) reported significant gold sampling results from its Elmer East Project in Quebec. The summer 2021 sampling program expanded the mineralized corridor at the Lloyd discovery area from 60 m to 4.2 km, revealing high-grade samples including 68.1 g/t Au and 61.8 g/t Au at the new Georgekish showing. The company plans further geological studies and drilling to optimize exploration efforts.

Quebec Precious Metals Corporation (CJCFF) held its Annual shareholders meeting on August 17, 2021, where shareholders approved all resolutions. Key actions included the election of seven directors, including Mario Caron and Julie Robertson, and the appointment of KPMG LLP as auditors. The Company is a gold explorer with significant land in the Eeyou Istchee James Bay territory, focusing on its flagship Sakami project, known for its high-grade targets and potential for mineral resource estimation.

Quebec Precious Metals Corporation (CJCFF) will hold its annual general meeting on August 17, 2021, at 10:00 a.m. Eastern time, via remote communication. Shareholders must register by August 13, 2021, to participate and vote online. The meeting will discuss updates related to the company’s flagship Sakami project, which is located in the promising Eeyou Istchee James Bay territory of Quebec, near Newmont Corporation's Éléonore gold mine. The company aims to advance this project toward the mineral resource estimate stage.

Vital Metals Limited has entered into a binding agreement to acquire a 68% interest in the Kipawa Rare Earth project and 100% of the Zeus Rare Earth project from Quebec Precious Metals Corporation for C$8 million (approximately A$8.5 million). This acquisition is strategic, potentially enabling Vital to become the only North American producer of both light and heavy rare earths. The Kipawa project features a mineral resource estimate of 15.5Mt of eudyalite with a total Proven and Probable Reserve Estimate of 19.8Mt at 0.411% TREO.

Quebec Precious Metals Corporation (OTCQB: CJCFF) announced on June 17, 2021, that its common shares are now eligible for electronic clearing and settlement through the Depository Trust Company (DTC). This eligibility enables seamless transfer of shares between U.S. brokerage firms, enhancing accessibility for American investors. DTC manages the electronic clearing process, which accelerates trade settlements. QPM is focused on its flagship Sakami project in Quebec, which boasts significant grades and ready-to-drill targets.

Quebec Precious Metals Corporation (OTCQB: CJCFF) has granted 300,000 stock options to two newly appointed directors. Each option allows the purchase of one common share at a price of $0.30 for a period of five years, with vesting occurring in three phases: one-third immediately, one-third after one year, and one-third after two years. The options comply with the TSX Venture Exchange policies. The company, focused on gold exploration in Quebec, aims to advance its flagship Sakami project towards a mineral resource estimate.

Quebec Precious Metals Corporation (CJCFF) reported promising drill results from its 2021 winter program at the Sakami Project in Quebec, involving 7 holes and 2,079 meters of drilling. Notable intersections included 1.83 g/t Au over 58.6 m and 2.15 g/t Au over 42.2 m, indicating high-grade mineralization. The company, which holds a 100% stake in the Project, plans a fully-funded summer program with 12,000 meters of drilling aimed at expanding the mineralized zone. CEO Normand Champigny expressed excitement about the high-grade potential at depth and along strike.