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QIMC and DiagnaMed to Advance Hydrogen Production Technology at the Ville Marie Clean Natural Renewable Hydrogen Project

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Québec Innovative Materials Corp. (QIMC) has announced a strategic collaboration with DiagnaMed Holdings Corp. to implement advanced hydrogen production technology at QIMC's Ville Marie Hydrogen Project in Québec. As part of the agreement, QIMC will receive 2,000,000 shares of DMED.

The collaboration will utilize DiagnaMed's patented technology, developed by Dr. Qingwang Yuan at Texas Tech University, which combines hydraulic fracturing with electromagnetic wave heating to extract hydrogen from various sources. The technology promises potential hydrogen production costs as low as $0.86 per kilogram, aligning with the U.S. Department of Energy's goal of achieving $1/kg hydrogen production by 2031.

Additionally, QIMC announced its listing on the OTCQB marketplace under the symbol 'QIMCF', while maintaining its CSE listing under QIMC. This expansion aims to increase visibility and trading convenience for US investors.

Québec Innovative Materials Corp. (QIMC) ha annunciato una collaborazione strategica con DiagnaMed Holdings Corp. per implementare tecnologia avanzata di produzione di idrogeno nel progetto idrogeno di Ville Marie di QIMC in Québec. Nell'ambito dell'accordo, QIMC riceverà 2.000.000 azioni di DMED.

La collaborazione utilizzerà la tecnologia brevettata di DiagnaMed, sviluppata dal Dr. Qingwang Yuan presso la Texas Tech University, che combina la fratturazione idraulica con il riscaldamento a onde elettromagnetiche per estrarre idrogeno da diverse fonti. La tecnologia promette costi di produzione di idrogeno potenzialmente pari a $0,86 per chilogrammo, allineandosi con l'obiettivo del Dipartimento dell'Energia degli Stati Uniti di raggiungere $1/kg nella produzione di idrogeno entro il 2031.

Inoltre, QIMC ha annunciato la sua quotazione nel mercato OTCQB con il simbolo 'QIMCF', mantenendo al contempo la sua quotazione CSE sotto QIMC. Questa espansione mira ad aumentare la visibilità e la comodità per gli investitori statunitensi.

Québec Innovative Materials Corp. (QIMC) ha anunciado una colaboración estratégica con DiagnaMed Holdings Corp. para implementar tecnología avanzada de producción de hidrógeno en el Proyecto de Hidrógeno de Ville Marie de QIMC en Québec. Como parte del acuerdo, QIMC recibirá 2.000.000 acciones de DMED.

La colaboración utilizará la tecnología patentada de DiagnaMed, desarrollada por el Dr. Qingwang Yuan en Texas Tech University, que combina la fracturación hidráulica con el calentamiento por ondas electromagnéticas para extraer hidrógeno de diversas fuentes. La tecnología promete costos de producción de hidrógeno potencialmente tan bajos como $0.86 por kilogramo, alineándose con el objetivo del Departamento de Energía de EE. UU. de alcanzar $1/kg de producción de hidrógeno para 2031.

Además, QIMC anunció su cotización en el mercado OTCQB bajo el símbolo 'QIMCF', mientras mantiene su cotización en CSE bajo QIMC. Esta expansión busca aumentar la visibilidad y la conveniencia para los inversores estadounidenses.

퀘벡 혁신 소재 주식회사 (QIMC)디아그나메드 홀딩스 주식회사와 전략적 협력 관계를 발표하여 퀘벡의 QIMC 빌 마리 수소 프로젝트에서 고급 수소 생산 기술을 구현할 예정이다. 협정의 일환으로 QIMC는 DMED의 2,000,000 주를 받을 것이다.

이 협력은 텍사스 테크 대학교의 퉁왕 위안 박사가 개발한 디아그나메드의 특허 기술을 활용하며, 이는 수압 파쇄와 전자기파 가열을 결합하여 다양한 출처에서 수소를 추출하는 방법이다. 이 기술은 수소 생산 비용을 킬로그램당 $0.86까지 낮출 수 있는 잠재력을 가지고 있으며, 미국 에너지부의 2031년까지 킬로그램당 $1의 수소 생산 목표와 일치한다.

또한, QIMC는 OTCQB 시장에 'QIMCF' 심볼로 상장되었음을 발표했으며, CSE에서 QIMC로 유지하고 있다. 이번 확장은 미국 투자자들에게 가시성과 거래 편의성을 높이는 것을 목표로 한다.

Québec Innovative Materials Corp. (QIMC) a annoncé une collaboration stratégique avec DiagnaMed Holdings Corp. pour mettre en œuvre une technologie avancée de production d'hydrogène dans le projet d'hydrogène de Ville Marie de QIMC au Québec. Dans le cadre de l'accord, QIMC recevra 2 000 000 d'actions de DMED.

La collaboration utilisera la technologie protégée de DiagnaMed, développée par le Dr Qingwang Yuan à la Texas Tech University, qui combine le fracturation hydraulique avec le chauffage par ondes électromagnétiques pour extraire l'hydrogène de diverses sources. La technologie promet des coûts de production d'hydrogène aussi bas que 0,86 $ par kilogramme, ce qui s'aligne avec l'objectif du département américain de l'énergie d'atteindre 1 $/kg de production d'hydrogène d'ici 2031.

De plus, QIMC a annoncé son inscription sur le marché OTCQB sous le symbole 'QIMCF', tout en maintenant son inscription à la CSE sous QIMC. Cette expansion vise à accroître la visibilité et la commodité des transactions pour les investisseurs américains.

Québec Innovative Materials Corp. (QIMC) hat eine strategische Zusammenarbeit mit DiagnaMed Holdings Corp. angekündigt, um fortschrittliche Wasserstoffproduktionstechnologie im Wasserstoffprojekt Ville Marie von QIMC in Québec umzusetzen. Im Rahmen der Vereinbarung wird QIMC 2.000.000 Aktien von DMED erhalten.

Die Zusammenarbeit wird die patentierte Technologie von DiagnaMed nutzen, die von Dr. Qingwang Yuan an der Texas Tech University entwickelt wurde und hydraulisches Fracking mit der Erwärmung durch elektromagnetische Wellen kombiniert, um Wasserstoff aus verschiedenen Quellen zu extrahieren. Die Technologie verspricht potenzielle Wasserstoffproduktionskosten von nur $0,86 pro Kilogramm und steht im Einklang mit dem Ziel des US-Energieministeriums, bis 2031 eine Wasserstoffproduktion von $1/kg zu erreichen.

Darüber hinaus hat QIMC die Notierung im OTCQB-Markt unter dem Symbol 'QIMCF' bekannt gegeben, während die Notierung an der CSE unter QIMC beibehalten wird. Diese Expansion zielt darauf ab, die Sichtbarkeit und Handelsmöglichkeiten für US-Investoren zu erhöhen.

Positive
  • Strategic acquisition of 2,000,000 DMED shares through technology partnership
  • Access to innovative hydrogen production technology with potential costs of $0.86/kg
  • Expansion to OTCQB marketplace, potentially increasing US investor access and liquidity
Negative
  • None.

A Strategic collaboration to Accelerate Clean Natural Hydrogen Innovation

Lachute, Quebec--(Newsfile Corp. - January 8, 2025) - Québec Innovative Materials Corp. (CSE: QIMC) (FSE: 7FJ) (OTCQB: QIMCF) ("QIMC" or the "Company") is thrilled to announce a strategic collaboration with DiagnaMed Holdings Corp. ("DiagnaMed" ) (CSE: DMED) (OTCQB: DGNMF), a leading innovator in hydrogen production technologies and artificial intelligence (AI) applications. This partnership will deploy DiagnaMed's pioneering technology, designed to accelerate the extraction of natural clean hydrogen, at QIMC's Ville Marie Hydrogen Project in Québec. In exchange, for the collaboration, QIMC will receive 2,000,000 shares of DMED.

Driving Innovation Through Collaboration

John Karagiannidis, CEO of Québec Innovative Materials Corp., commented:

"We are thrilled to strategically collaborate with DiagnaMed on this transformative project. The Ville Marie Clean Natural Renewable Hydrogen Project represents a pivotal opportunity to integrate innovative technologies into sustainable energy production. By leveraging DiagnaMed's cutting-edge hydrogen technology, we are strengthening our commitment to advancing clean energy solutions and positioning QIMC as a leader in the emerging natural hydrogen sector. This partnership is a testament to the potential of collaboration to drive impactful change and create long-term value for stakeholders."

Transforming the Clean Natural Hydrogen Energy Landscape

Fabio Chianelli, Chairman and CEO of DiagnaMed, expressed his enthusiasm for the collaboration:

"We are delighted to partner with QIMC on this ground-breaking initiative. By field-testing our novel hydrogen-producing technology at the Ville Marie Clean Natural Renewable Hydrogen Project, we are taking a significant step toward advancing clean energy solutions. This collaboration underscores DiagnaMed's commitment to forging strategic alliances with energy innovators, enabling cost-effective, carbon-neutral hydrogen production that aligns with global sustainability goals."

Revolutionizing Hydrogen Production

DiagnaMed's cutting-edge hydrogen production technology represents a breakthrough in clean energy. Developed by Dr. Qingwang Yuan of the HOPE Group at Texas Tech University, the patented method (WO2023044149A1) combines hydraulic fracturing with electromagnetic wave heating to extract hydrogen from light oil, gas, and shale reservoirs, as well as ultramafic rock formations.

This technology offers unparalleled efficiency and sustainability, with potential hydrogen production costs as low as $0.86 per kilogram. The method aligns with the U.S. Department of Energy's "Hydrogen Energy Earthshot" initiative to achieve $1/kg hydrogen production by 2031.

QIMC announces U.S. Listing on OTCQB

QIMC is pleased to announce that its common shares have commenced trading on the OTCQB marketplace under the symbol "QIMCF". The Company's common shares will continue to trade on the CSE under the symbol QIMC.

The Company expects that the listing on the OTCQB will provide greater visibility and convenience of trading for US investors, resulting in enhanced liquidity and greater reach.

About DiagnaMed

DiagnaMed Holdings Corp. (CSE: DMED) (OTCQB: DGNMF) is a leading innovator in hydrogen-producing technologies and artificial intelligence (AI) medical applications.

For more information on DiagnaMed please visit https://www.diagnamed.com

About Québec Innovative Materials Corp.

Québec Innovative Materials Corp. is a mineral exploration, and development company dedicated to exploring and harnessing the potential of Canada's abundant resources. With properties in Ontario and Québec, QIMC is focused on specializing in the exploration of white (natural) hydrogen and high-grade silica deposits, QIMC is committed to sustainable practices and innovation. With a focus on environmental stewardship and cutting-edge extraction technology, we aim to unlock the full potential of these materials to drive forward clean energy solutions to power the AI and carbon-neutral economy and contribute to a more sustainable future.

QUÉBEC INNOVATIVE MATERIALS CORP.
John Karagiannidis
Chief Executive Officer
Tel: +1 438-401-8271

For further information, please contact:
Email: info@qimaterials.com

Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the CSE policies) accepts responsibility for the adequacy or accuracy of this news release and has neither approved nor disapproved the contents of this news release.

Forward-Looking Statements

This news release contains statements that constitute "forward-looking statements". Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause Québec Innovative Materials' actual results, performance or achievements, or developments in the industry to differ materially from the anticipated results, performance or achievements expressed or implied by such forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects," "plans," "anticipates," "believes," "intends," "estimates," "projects," "potential" and similar expressions, or that events or conditions "will," "would," "may," "could" or "should" occur.

Although Québec Innovative Materials believes the forward-looking information contained in this news release is reasonable based on information available on the date hereof, by their nature, forward-looking statements involve assumptions, known and unknown risks, uncertainties and other factors which may cause our actual results, performance or achievements, or other future events, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements.

Examples of such assumptions, risks and uncertainties include, without limitation, assumptions, risks and uncertainties associated with general economic conditions; adverse industry events; future legislative and regulatory developments in the mining sector; the Company's ability to access sufficient capital from internal and external sources, and/or inability to access sufficient capital on favorable terms; mining industry and markets in Canada and generally; the ability of Québec Innovative Materials Corp. to implement its business strategies; competition; and other assumptions, risks and uncertainties.

The forward-looking information contained in this news release represents the expectations of the Company as of the date of this news release and, accordingly, is subject to change after such date. Readers should not place undue importance on forward-looking information and should not rely upon this information as of any other date. While the Company may elect to, it does not undertake to update this information at any particular time except as required in accordance with applicable laws.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/236403

FAQ

What is the potential cost per kilogram for hydrogen production using DiagnaMed's technology at QIMC's Ville Marie project?

DiagnaMed's technology promises potential hydrogen production costs as low as $0.86 per kilogram at QIMC's Ville Marie project.

How many DiagnaMed (DMED) shares will QIMC receive in the strategic collaboration?

QIMC will receive 2,000,000 shares of DiagnaMed (DMED) as part of the strategic collaboration agreement.

What is QIMC's new trading symbol on the OTCQB marketplace?

QIMC's common shares now trade on the OTCQB marketplace under the symbol 'QIMCF'.

What technology will be implemented at QIMC's Ville Marie Hydrogen Project?

The project will implement DiagnaMed's patented technology that combines hydraulic fracturing with electromagnetic wave heating to extract hydrogen from light oil, gas, shale reservoirs, and ultramafic rock formations.

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