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Quebec Silica Resources Corp. ( (TSE:QIMC) ) has shared an update.
Quebec Innovative Materials Corp. has announced a strategic collaboration with Record Resources, strengthening its position in Ontario’s renewable hydrogen sector. This collaboration involves QIMC receiving shares and a royalty from Record Resources, as they acquire a property adjacent to QIMC’s hydrogen discovery. The geological features of the acquired blocks, located in the Temiskaming hydrogen camp, indicate significant natural hydrogen potential, which could enhance QIMC’s industry presence and offer new opportunities in the hydrogen market.
More about Quebec Silica Resources Corp.
Quebec Innovative Materials Corp. operates in the renewable natural hydrogen sector, focusing on the development of significant hydrogen resources in Ontario and Quebec. The company is committed to advancing its Quebec St Bruno de Giugues Natural Hydrogen project, positioning itself as a key player in the rapidly growing industry.
YTD Price Performance: -34.48%
Average Trading Volume: 2,256,540
Technical Sentiment Consensus Rating: Hold
Find detailed analytics on QIMC stock on TipRanks’ Stock Analysis page.
