22:57:16 EDT Wed 14 Oct 2026
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Quebec Innovative Materials Corp
Symbol QIMC
Shares Issued 123,704,001
Close 2026-10-14 C$ 0.39
Market Cap C$ 48,244,560
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Quebec Innovative completes seismic acquisition program

2026-10-14 18:19 ET - News Release

Mr. John Karagiannidis reports

QIMC COMPLETES EXPANDED 63.7 KM SEISMIC PROGRAM TARGETING HYDROGEN, HELIUM AND NATURAL GAS HOT ZONES IN NOVA SCOTIA

Quebec Innovative Materials Corp. has completed its expanded 63.7-line-kilometre (km) 2-D seismic acquisition program conducted by Echo Seismic Ltd. across the Apple River-Advocate-Bennett Hill-Port Greville multigas district of Cumberland county, Nova Scotia.

The program was originally planned at 50 line kilometres and was expanded to 63.7 km after the company's continuing exploration work identified new hot zones and targets for clean natural hydrogen, helium and natural gas across the district. The additional 13.7 km of seismic coverage was designed to tie these new zones into the regional structural picture and to further define targets along the full Apple River-Advocate-Bennett Hill-Port Greville trend.

Field acquisition is now complete, and the full seismic data set has been delivered to Earth Signal Processing Ltd. (ESP), of Calgary, where processing is already under way. The seismic data are being processed together with the company's entire multilayer data set and that work is continuing: As each new layer comes in, the hot zones and targets across the district continue to expand.

With the seismic acquisition complete, Quebec Innovative now holds what the company believes is the most complete exploration data set for natural hydrogen in Canada. Across the Nova Scotia district, the company has assembled more than 10,000 soil-gas samples, over 3,500 metres of drill core, gravity data, airborne and ground magnetics, radon-thoron surveys, and now 63.7 km of 2-D seismic. Free gas observed in drill hole DDH-26-05 ties directly into the Bennett Hill seismic line, providing a direct link between gas observed in the subsurface and the structures imaged by the new data.

Program highlights:

  • 63.7 km of 2-D seismic acquired across the Apple River-Advocate-Bennett Hill-Port Greville multigas district, Cumberland county, Nova Scotia;
  • Program expanded from 50 km following the identification of additional clean natural hydrogen, helium and natural gas hot zones;
  • Canada's most complete natural hydrogen exploration data set: 10,000-plus soil-gas samples, 3,500-plus m of drill core, gravity, magnetics and radon-thoron, and 63.7 km of seismic;
  • Free gas observed in DDH-26-05 ties directly into the Bennett Hill seismic line;
  • The entire data set is currently being processed by Earth Signal Processing Ltd., with hot zones and targets continuing to expand as new layers are integrated;
  • Quebec seismic program is next.

John Karagiannidis, president and chief executive officer of Quebec Innovative, commented: "Completing 63.7 kilometres of seismic across the Apple River-Advocate-Bennett Hill-Port Greville district is another significant milestone for QIMC and for Cumberland county. We expanded this program from 50 kilometres because the ground kept telling us to -- every new hot zone we identified for clean natural hydrogen, helium and natural gas deserved coverage, and we now have the line data to tie them together. Combined with more than 10,000 soil-gas samples, 3,500-plus metres of core, gravity, magnetics and radon-thoron data, and the free gas we observed in DDH-26-05 right on the Bennett Hill line, QIMC now holds the most complete natural hydrogen data set in Canada. All of these data are now being processed by ESP, and every layer we add keeps expanding the hot zones and the targets. This district keeps getting bigger.

"None of this happens without people. I want to sincerely thank the communities of Apple River, Advocate, Port Greville and the surrounding area, the Municipality of Cumberland County, the Province of Nova Scotia, and our surface landowner partners. Their support and hospitality made this program possible, and we are committed to continuing to work with them as the project advances towards our pilot production pathway.

"With the Nova Scotia 2-D seismic acquisition complete, the Echo Seismic crews turn next to Quebec and then to Ontario, where we will apply the same approach to our hydrogen and helium targets."

Next steps:

  • Earth Signal Processing to complete processing of the 63.7 km 2-D seismic data set together with the company's full multilayer data set;
  • Hot zones and targets across the district to be updated as processing advances and new layers are integrated;
  • Mobilization of the seismic crew and equipment to the company's Quebec properties;
  • Continued testing at DDH-26-05.

About Quebec Innovative Materials Corp.

Quebec Innovative is a North American exploration and development company advancing a portfolio of natural hydrogen and critical mineral projects. The company is advancing its district-scale hydrogen exploration model across Quebec, Ontario, Nova Scotia and Minnesota, leveraging its proprietary R2G2 framework.

Quebec Innovative is committed to responsible exploration, technical innovation and sustainable development, with the objective of supporting clean energy and decarbonization initiatives.

We seek Safe Harbor.

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