MONTREAL, QC / ACCESSWIRE / November 7, 2022 / Quebec Precious Metals Corporation (TSX.V:CJC)(FSE:YXEP)(OTCQB:CJCFF) ("QPM" or the "Corporation") announces that in connection with the October 10, 2022 press release stating that Vital Metals Limited ("Vital") has advised QPM that it is not proceeding with the acquisition of QPM's 68% interest in the Kipawa and 100% interest in the Zeus heavy rare earth projects, QPM has received a payment of $1,013,124 under the terms of the binding term sheet dated August 9, 2021, as amended on February 4, 2022 between QPM and Vital.
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