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Quebec Innovative Materials Corp
Symbol QIMC
Shares Issued 93,584,001
Close 2024-07-09 C$ 0.055
Market Cap C$ 5,147,120
Recent Sedar Documents

Quebec Innovative cheers HPQ Silica's LOI with Evonik

2024-07-10 15:46 ET - News Release

Mr. John Karagiannidis reports

QUEBEC INNOVATIVE MATERIALS CORP APPLAUDS HPQ SILICON AND PYROGENESIS CANADA INC'S HPQ SILICA POLVERE INC'S LOI WITH EVONIK INDUSTRIES AG

Quebec Innovative Materials Corp. proudly congratulates its valued partners, HPQ Silicon Resources Inc. and Pyrogenesis Canada Inc.'s HPQ Silica Polvere Inc. (HSPI), on signing a letter of intent (LOI) with Evonik Industries AG, a global leader in specialty chemicals. This significant development underscores Quebec Innovative's commitment to advancing innovation in high performance materials, including fumed silica.

Under the memorandum of understanding (MOU) inked between HPQ and Quebec Innovative on Sept. 14, 2022, the company has been steadfast in supplying HPQ with high-grade silica for testing purposes. The silica delivered from Quebec Innovative's Charlevoix facility has consistently met HPQ's stringent high-grade requirements, as confirmed in multiple news releases by Quebec Innovative on Jan. 27, 2023, Feb. 23, 2023, and March 14, 2023.

On June 27, 2024, Quebec Innovative delivered additional batches of high-grade silica to HPQ for further testing. This continuing collaboration underscores the company's commitment to advancing the capabilities of HPQ and HSPI and in the realm of fumed silica and high performance materials.

"We are delighted with the continued success of our partnership with HPQ Silicon," said John Karagiannidis, chief executive officer of Quebec Innovative. "The company remains committed to delivering high-grade silica that supports HPQ and HSPI's innovative advancements in materials technology."

The partnership between HPQ and Quebec Innovative and the signing of the LOI between HPQ, HPSI and Evonik mark a significant milestone in the journey toward developing cutting-edge material solutions that meet the evolving demands of various industries. Quebec Innovative looks forward to further strengthening its collaboration with HPQ and HPSI.

About Quebec Innovative Materials Corp.

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

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