QIMC Announces Major Milestones: Completion of Line 1 Extension to the West and Hydrogen Model Seite 1

Lachute, Quebec–(Newsfile Corp. – August 15, 2024) – Quebec Innovative Materials Corp. (CSE: QIMC) (FSE: 7FJ) (“QI Materials”, “QIMC” or the “Company”), is pleased to announce the successful
extension of Line 1 to the west, executed in partnership with INRS (Institut National de la Recherche Scientifique) doubling Line 1’s area of high hydrogen values to over 3.25 kms. Additionally, we
are proud to present the comprehensive hydrogen model developed by Professor Marc Richer-Lafleche and share insights into the sources of the clean natural renewable identified in the Ville Marie
project. “The potential for developing a robust hydrogen infrastructure at Ville Marie and St-Bruno-de-Guigues is crucial for meeting local community needs and supporting Quebec’s broader clean
emission goals..” notes John Karagiannidis, CEO of QIMC. “This initiative is expected to play a vital role in reducing Quebec’s greenhouse gas emissions and fostering sustainable energy practices.”

Completion of Line 1 Extension to the West