Mr. David Greenway reports
QUANTUM BATTERY METALS CORP. PROVIDES UPDATE ON LIFE FINANCING
Quantum Battery Metals Corp. has provided an update to its previously announced listed issuer financing exemption offering.
Following further review to ensure compliance with paragraph 5A.2(e) of National Instrument 45-106 (Prospectus Exemptions), the company has reduced the maximum offering to 1.75 million units of the company at a price of 29 cents per offered unit for maximum gross proceeds of up to $507,500.
The company further announces that it is currently included on the B.C. Securities Commission's default issuer list. As a result, the company will halt the LIFE financing until further notice. The company intends to resume the financing once the outstanding continuous disclosure items have been resolved and filed.
In addition, the company wishes to clarify that, while it previously announced that the LIFE offering document had been filed, the document was not uploaded at that time. The company confirms that the offering document has been filed and is available under the company's profile on SEDAR+.
The company will provide further updates as appropriate.
About Quantum Battery Metals Corp.
Quantum Battery is focused on the exploration and development of battery metal projects critical to the growing electric vehicle and renewable energy sectors. The company is committed to responsible exploration and value-driven growth.
We seek Safe Harbor.
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