Developing Processes For The Low-Cost Manufacturing Of High Purity Silicon Metals For Next-Generation Lithium-ion Batteries

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Message: The news release - and a couple of questions

Hi Bernard,

(I get a little nervous asking questions now - but ask I must :-), hope you dont mind)

The "issuance of 452,072 common shares at a deemed price of $0.61 per share" - Is there a reason it wasn't done at the market price on that day?

Once IQ owns > 10% of the shares does that entitle them to a place on the Board?

Thanks for replying.

A-G

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