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Cruz Battery Metals Acquires the ‘South-Advocate Hydrogen Project’ in Nova Scotia Directly Bordering Quebec Innovative Materials Corp.

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Executive Summary

Cruz Battery Metals Corp. has announced the acquisition of the South Advocate Hydrogen Project, encompassing approximately 5,000 acres in Nova Scotia. The strategic property acquisition positions Cruz in the emerging hydrogen sector, with the project directly bordering Quebec Innovative Materials Corp.'s existing projects in the region.

The South Advocate Hydrogen Project represents a significant expansion of Cruz's portfolio into hydrogen exploration, a critical component of the clean energy transition. The proximity to QIMC's properties suggests the area has attracted multiple companies interested in hydrogen potential, indicating favorable geological or infrastructure conditions for hydrogen development.

Cruz management has indicated plans to initiate a work program on the property as soon as possible, suggesting the company is moving quickly to capitalize on its new hydrogen asset. The acquisition reflects the growing interest in hydrogen as a clean energy commodity, particularly as governments and industries seek alternatives to traditional fossil fuels.

The strategic location in Nova Scotia, a province with growing interest in clean energy projects, positions Cruz to potentially benefit from provincial and federal support for hydrogen development. The company's move into hydrogen represents a diversification from traditional battery metals, aligning with broader energy transition trends in the Canadian resource sector.
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Press Release

March 16, 2026 – Cruz Battery Metals Corp. (CRUZ:CSE, BKTPF:USA, A40YSN:WKN) (“Cruz” or the “Company”) is pleased to announce that it has acquired the ~5,000-acre ‘South Advocate Hydrogen Project’, prospective for hydrogen, directly bordering Quebec Innovative Materials Corp.’s (QIMC) projects in Nova Scotia. Management is formulating plans to start a work program as soon as possible.

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