Vancouver, British Columbia — February 25, 2026 — Leads & Copy — Quantum Battery Metals Corp. has completed a non-brokered private placement, raising gross proceeds of $507,500 through the sale of 1,750,000 units.
Each unit comprised one common share of the Company and one common share purchase warrant. The offering was priced at $0.29 per unit.
Each warrant allows the holder to buy an additional common share at an exercise price of $0.40 until 5:00 p.m. (Pacific Time) on the date that is 12 months following the closing date of the Offering, subject to certain adjustments.
The warrants include an acceleration provision. If the company’s common shares trade at a daily volume-weighted average price of at least $0.80 per share on the Canadian Securities Exchange for five consecutive trading days, the Company may deliver written notice to accelerate the expiry of the warrants. In this case, the warrants will expire on the 30th calendar day following the date of the Acceleration Notice.
All securities issued in connection with the offering are subject to a statutory hold period of four months plus a day from the date of issuance, in accordance with Canadian securities laws.
Quantum Battery Metals Corp. intends to use the net proceeds from the offering for exploration activities, general corporate purposes, and working capital. The Company may pay finder’s fees or issue compensation securities in connection with the offering, adhering to applicable securities laws and the policies of the Canadian Securities Exchange.
The closing of the offering remains subject to the final approval of the Canadian Securities Exchange.
Quantum Battery Metals Corp. focuses on the exploration and development of battery metals projects for the electric vehicle and renewable energy sectors. The Company says it is committed to responsible exploration and value-driven growth.
Quinn Field-Dyte, Chief Financial Officer and Director, made the announcement on behalf of the Board of Directors.
The securities offered have not been registered under the United States Securities Act of 1933, as amended, or any applicable U.S. state securities laws. They may not be offered or sold in the United States absent registration or an applicable exemption from such registration requirements. This news release does not constitute an offer to sell or the solicitation of an offer to buy securities in any jurisdiction where such offer, solicitation, or sale would be unlawful.
Source: Quantum Battery Metals Corp.
