Mr. Eugene Profis reports

QUANTUMCORE ANNOUNCES CLOSING OF SECOND TRANCHE OF NON-BROKERED PRIVATE PLACEMENT

Quantumcore Ltd. has closed the second and final tranche of its previously announced non-brokered private placement financing for additional gross proceeds of $426,000. In total, the Quantumcore has issued 2,556,945 common shares in the capital of the company at a price of $2 per share for aggregate gross proceeds of $5,113,890.

Quantumcore intends to use the net proceeds of the offering for general corporate and working capital purposes.

All shares issued pursuant to the offering are subject to a hold period of four months and one day from their respective dates of issuance in accordance with applicable Canadian securities laws.

In addition, the company announces that it has entered into an amending agreement with Altura Media Co. Inc., a Vancouver, B.C.-based marketing and communications firm, to amend the previously announced investor awareness agreement and provide for an additional budget of $420,000, plus applicable taxes, for the continued provision of digital investor awareness and marketing services. Altura will continue to develop and execute a comprehensive investor awareness campaign targeting English- and German-speaking investors through a combination of digital advertising, sponsored content, newsletters, videos and other marketing initiatives designed to increase awareness of Quantumcore and its business. Quantumcore and Altura are unrelated and unaffiliated entities and, to the knowledge of the company, Altura does not currently own any securities of Quantumcore. All content and materials produced under the engagement will remain subject to the company's review and approval and will comply with applicable securities laws and Canadian Securities Exchange policies. The amended engagement remains subject to acceptance by the CSE.

Wildeboer Dellelce LLP is acting as Canadian legal counsel to Quantumcore in connection with the offering.

About Quantumcore Ltd.

Quantumcore is building the critical infrastructure that will enable the next generation of quantum computers. The company develops advanced quantum hardware technologies, including superconducting quantum amplifiers and single-photon detector solutions, designed to address the performance and scalability challenges facing the rapidly growing quantum computing industry. Through a combination of internal innovation and strategic acquisitions, Quantumcore aims to become a leading supplier of essential hardware powering quantum computing systems worldwide.

We seek Safe Harbor.