Mr. Stephen Stewart reports

QC COPPER AND GOLD INC. ANNOUNCES CLOSING OF STRATEGIC ACQUISITION

QC Copper and Gold Inc. has closed its previously announced acquisition of 100 per cent of the Opemiska West project, consisting of 36 mineral claims over 1,560 hectares situated in the Levy and Daubree townships in the province of Quebec.

The company acquired the interest in the Opemiska West project pursuant to a mining property acquisition agreement dated March 3, 2023, between the company and Windfall Geotek Inc. As consideration for the interest in the Opemiska West project, the company issued a total of 500,000 common shares in the capital of QC Copper to Windfall. The consideration shares are not tradable or transferable by Windfall for 12 months following their issuance. Additionally the Opemiska West project is subject to an 2-per-cent net smelter royalty, with a right to buy back one-half thereof at any time for a price of $1-million.

In connection with the acquisition, the company and Windfall also entered into a services agreement dated March 3, 2023. Pursuant to the services agreement, Windfall will provide data analysis and artificial intelligence services to identify drilling targets on the Opemiska West project. As consideration for the services, the company has paid a total of $125,000 to Windfall.

No finder's fees were be paid in connection with either the acquisition agreement or the services agreement.

About QC Copper and Gold Inc.

QC Copper and Gold is a copper and gold exploration company focused on the Chibougamau district of Quebec. The common shares of QC Copper and Gold are listed on the TSX Venture Exchange under the symbol QCCU and on the OTCQB under the symbol QCCUF.

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