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Cruz Battery Metals Acquires the 'South-Advocate Hydrogen Project' in Nova Scotia Directly Bordering Quebec Innovative Materials
Vancouver, British Columbia--(Newsfile Corp. - March 16, 2026) - Cruz Battery Metals Corp. (CSE: CRUZ) (OTCID: BKTPF) (WKN: A40YSN) ("Cruz" or the "Company") is
About this update from Cruz Battery Metals Corp
[{"type":"text","content":" Vancouver, British Columbia--(Newsfile Corp. - March 16, 2026) - Cruz Battery Metals Corp. (CSE: CRUZ) (OTCID: BKTPF) (WKN: A40YSN) (\"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. Management cautions that past results or discoveries on properties in proximity to Cruz may not necessarily be indicative of the presence of mineralization on the Company's properties. James Nelson, President of Cruz Battery Metals stated, \"Hydrogen exploration companies are experiencing a surge of investor attention recently, and we are pleased to be able to acquire the South-Advocate project, prospective for hydrogen directly bordering Quebec Innovative Materials Corp.'s who have made a major recent hydrogen discovery in Nova Scotia. Over the past year, the share price of Quebec Innovative Materials Corp. has gone from a low of $0.12 to a high of $2.37 on March 10, 2026. Cruz now joins other companies such as Rio Tinto and, according to the financial post(1), Koloma Inc., a Denver-based natural hydrogen company backed by investors including Jeff Bezos and Bill Gates through their respective venture funds, as recent entrants into this emerging hydrogen exploration hub. Hydrogen is expected to play a major role in the global transition to cleaner energy as industries like steel, shipping, and aviation seek low-carbon fuels, demand for hydrogen could grow rapidly, potentially benefiting companies positioned in the sector. The Company is very optimistic about the growth prospects for the remainder of 2026 with multiple potential catalysts on the horizon.\" According to a news release dated March 10, 2026,(2) Quebec Innovative Materials Corp. announced the completion of Discovery Hole DDH-26-01 to a depth of 711 metres at its West-Advocate hydrogen project in Nova Scotia. Drilling intersected a persistent hydrogen-bearing system beginning at approximately 505 metres, where visible gas was observed at the drill head and well water returned headspace hydrogen concentrations that exceeded the detection limits of the Company's GA5000 gas analyser. Hydrogen concentrations rema...