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Quebec Innovative Materials Corp
Symbol QIMC
Shares Issued 123,704,001
Close 2025-05-13 C$ 0.145
Market Cap C$ 17,937,080
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Quebec Innovative's JV sets up special purpose vehicle

2025-05-13 17:16 ET - News Release

Mr. John Karagiannidis reports

QIMC AND BTEG LAUNCH ORVIAN SPV US PROJECTS INITIATIVE: LEVERAGING QIMC'S PROVEN LEADERSHIP IN CLEAN NATURAL HYDROGEN

Quebec Innovative Materials Corp. has reached a significant milestone under its strategic partnership with Black Tree Energy Group (BTEG), marked by the launch of the Orvian special purpose vehicle U.S. projects initiative. This jointly owned SPV is specifically designed to expand and build a robust pipeline of district-scale natural clean hydrogen projects across the United States.

Jorge Ruiz del Vizo, chief executive officer of Black Tree Energy Group, stated: "This partnership with QIMC marks a significant strategic expansion into the rapidly growing natural hydrogen sector in the U.S. market. The exceptional results achieved by QIMC have attracted significant interest from major industry players seeking to leverage our combined expertise. Together, we are uniquely positioned to rapidly scale our operations and deliver innovative clean natural solutions to the U.S. market."

"The Orvian projects initiative signifies QIMC's continued leadership in clean natural hydrogen," stated John Karagiannidis, chief executive officer and chairman of QIMC. "Our proven results, methodology and IP from our projects highlight our unmatched expertise in subsurface analysis and clean natural hydrogen assessment. Through the Orvian initiative, we aim to systematically deploy our successful model to unlock significant hydrogen district scale across the U.S."

Following the successful signing of a memorandum of understanding, QIMC and BTEG have established Orvian Natural Resources I LLC, a dedicated special purpose vehicle that will support clean natural hydrogen development activities. Leveraging QIMC's proprietary expertise and innovative exploration methodologies, where the company has achieved pure, clean natural hydrogen findings -- this initiative is strategically positioned to replicate and scale this success across the U.S.

Numerous district-scale projects are currently under active review, underscoring the aggressive U.S. expansion strategy and scalability of the Orvian initiative as a cornerstone of QIMC's broader growth strategy. This initiative not only reinforces QIMC's leadership but positions the company to significantly contribute to the rapidly expanding U.S. hydrogen market.

About Quebec Innovative Materials Corp.

Quebec Innovative Materials 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, 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.

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