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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