QNB METALS ANNOUNCES THE EXECUTION OF A BINDING LOI WITH ANALOG GOLD INC.

MONTREAL, June 22, 2022 /CNW/ – QNB Metals Inc. (“QNB Metals” or the “Corporation“) (CSE: TIM) is pleased to announce that it entered into an arm’s length binding letter of intent (the “LOI“) dated June 17, 2022 with Analog Gold Inc. (“Analog“), with respect to a proposed transaction (the “Proposed Transaction“), whereby QNB Metals will acquire a 100% interest in Minagoldchoix SA de CV (“Analog Mexico“), Analog’s 99.97% owned Mexican subsidiary, which owns the Tres Oros gold property (the “Tres Oro Property“) and two other properties.

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