Quantum Battery names Greenway as CEO, Lau as director

Executive Summary

• Quantum Battery Metals Corp. appointed David C. Greenway as its new Chief Executive Officer, effective immediately.
• The company announced a non‑brokered private placement (“LIFE unit offering”) of up to 3.5 million units at $0.29 per unit, targeting gross proceeds of up to $1.015 million.
• Proceeds are earmarked for exploration activities and general corporate/working capital purposes; the offering includes common‑share purchase warrants with an acceleration clause tied to a VWAP trigger.

Key Details

• CEO Appointment: David C. Greenway named CEO; brings extensive capital‑markets and natural‑resources experience.
• Board Change: Anthony Lau appointed to the Board of Directors; 13+ years in power engineering, former oil‑industry roles.
• Interim CEO Transition: Quinn Field‑Dyte steps down as interim CEO but remains CFO and director.
• Offering Structure: Minimum 3.5 M units @ $0.29/unit → max gross proceeds $1,015,000.
• Unit Composition: Each unit = 1 common share + 1 common‑share purchase warrant.
• Warrant Terms: Exercise price $0.40 per share; exercisable for 12 months post‑closing; acceleration possible after 2026‑03‑01 if CSE VWAP ≥ $0.80 for five consecutive days (warrants expire 30 days after notice).
• Eligibility: Offered to Canadian residents except Quebec, Newfoundland & Labrador, and Prince Edward Island under NI 45‑106 exemption.
• Use of Proceeds: Exploration activities; general corporate and working‑capital needs.
• Closing Expectation: On or about Feb 15 2026, subject to customary conditions and CSE approval.
• Regulatory Notes: No hold period; securities not reviewed by any regulator; investors advised to read offering documents and seek professional advice.

Notable Quotes

• Board of Directors: “David's depth of experience and proven track record make him an excellent choice to lead Quantum at this stage of its development.”
• David C. Greenway (new CEO): “I am honoured to be appointed CEO… I look forward to working with the team to advance the company's assets, build strategic partnerships and drive long‑term value for shareholders.”