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Quantum Battery Metals Corp (2)
Symbol QBAT
Shares Issued 6,528,555
Close 2026-01-30 C$ 0.385
Market Cap C$ 2,513,494
Recent Sedar+ Documents

Quantum Battery names Greenway as CEO, Lau as director

2026-02-05 15:33 ET - News Release

Mr. Quinn Field-Dyte reports

QUANTUM BATTERY METALS CORP. APPOINTS DAVID C. GREENWAY AS CHIEF EXECUTIVE OFFICER, APPOINTS LAU TO THE BOARD OF DIRECTORS AND ANNOUNCES LIFE UNIT OFFERING

Quantum Battery Metals Corp. has appointed David C. Greenway as chief executive officer of the company, effective immediately.

Mr. Greenway brings extensive experience in capital markets, corporate development and strategic leadership within the natural resources and emerging technology sectors. His background includes guiding public companies through periods of growth, capital formation and asset advancement, with a strong focus on shareholder value creation.

The board believes Mr. Greenway's leadership, vision and market expertise position Quantum well as it continues to advance its battery metals exploration strategy and evaluate new opportunities within the evolving energy storage and electrification landscape.

"David's depth of experience and proven track record make him an excellent choice to lead Quantum at this stage of its development," said the board of directors. "We are confident that his leadership will strengthen the company's strategic direction and execution."

Mr. Greenway commented: "I am honoured to be appointed CEO of Quantum Battery Metals Corp. and grateful for the board's confidence. I look forward to working with the team to advance the company's assets, build strategic partnerships and drive long-term value for shareholders."

The company would like to thank Quinn Field-Dyte for his leadership and dedication to Quantum Battery Metals Corp. during his tenure as he will be stepping down from the position of interim chief executive officer. Mr. Field-Dyte will remain as chief financial officer and director.

The company also announces the appointment of Anthony Lau to the board of directors.

Mr. Lau is an engineer with over 13 years of experience in power engineering and engineering processes. Mr. Lau has held positions in process-driven industries and more recently has worked roles within leading oil companies. Mr. Lau obtained a degree from BCIT and holds a professional engineering designation.

LIFE unit offering

The company is also pleased to announce a non-brokered private placement pursuant to the listed issuer financing exemption under Part 5A of National Instrument 45-106, Prospectus Exemptions.

The LIFE offering will consist of a minimum of 3.5 million units of the company at a price of 29 cents per offered unit for maximum gross proceeds of up to $1,015,000.

Subject to compliance with applicable regulatory requirements and in accordance with NI 45-106, the LIFE offering is being made to purchasers resident in all provinces of Canada, except Quebec, Newfoundland and Labrador, and Prince Edward Island, pursuant to the listed issuer financing exemption under Part 5A of NI 45-106.

Each offered unit will consist of one common share of the company and one common share purchase warrant. Each warrant will entitle the holder to purchase one additional common share at an exercise price of 40 cents per common share, subject to adjustment in certain circumstances, until 5 p.m. Pacific Time on the date that is 12 months following the closing date of the LIFE offering.

Warrant acceleration provision

The warrants will be subject to an acceleration provision, whereby, at any time on or after March 1, 2026, if the company's common shares trade at a daily volume-weighted average price (VWAP) of at least 80 cents per share on the Canadian Securities Exchange for five consecutive trading days, the company may deliver written notice to the holders accelerating the expiry of the warrants. In such event, the warrants will expire on the 30th calendar day following the date of the acceleration notice.

Securities issued pursuant to the listed issuer financing exemption will not be subject to a hold period under applicable Canadian securities laws.

An offering document related to the LIFE offering is available under the company's profile on SEDAR+ and on the company's website. Prospective investors should read the offering document before making an investment decision. No securities regulatory authority or regulator has assessed the merits of the securities offered or reviewed this news release. Any representation to the contrary is an offence. This investment may not be suitable for all investors, and investors should only invest if they are able to bear the loss of their entire investment. Prospective investors are encouraged to seek the advice of a registered dealer and to carefully read the offering document before making an investment decision.

The company intends to use the net proceeds from the LIFE offering for exploration activities and general corporate and working capital purposes, as more fully described in the offering document. The company may pay finder's fees or issue compensation securities in connection with the LIFE offering in accordance with applicable securities laws and the policies of the CSE.

The closing of the LIFE offering is expected to occur on or about Feb. 15, 2026, or such other date(s) as may be determined by the company and is subject to customary closing conditions, including the receipt of all necessary regulatory approvals, including conditional approval of the CSE.

About Quantum Battery Metals Corp.

Quantum Battery Metals is focused on the exploration and development of battery metals 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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