Quantum Battery Metals Corp. Announces Amendment of LIFE Offering to Non-Brokered Private Placement of Units

Executive Summary

• Quantum Battery Metals Corp. announced an amendment to its non‑brokered private placement, offering a minimum of 1,750,000 units at $0.29 per unit for up to $560,000 in gross proceeds.
• Each unit consists of one common share and one warrant (exercise price $0.40) with an acceleration provision tied to the CSE VWAP reaching $0.80 for five consecutive days.
• Net proceeds are earmarked for exploration activities and general corporate/working‑capital purposes, with closing expected around March 10, 2026.

Key Details

• Units Offered: Minimum 1,750,000 units (maximum gross proceeds of $560,000).
• Pricing: $0.29 per unit.
• Unit Composition:
• 1 common share of Quantum Battery Metals Corp.
• 1 common‑share purchase warrant (exercise price $0.40 per share).
• Warrant Terms:
• exercisable until 5:00 p.m. PT on the date 12 months after closing (“Expiry Period”).
• Acceleration provision – if CSE VWAP ≥ $0.80 for five consecutive trading days, Quantum may issue an Acceleration Notice; warrants then expire 30 calendar days after such notice.
• Statutory Hold Period: All securities subject to a four‑month plus one day hold period under Canadian law.
• Use of Proceeds: Exploration activities; general corporate and working‑capital purposes.
• Finder’s Fees/Compensation Securities: May be paid/issued in accordance with applicable laws and CSE policies.
• Closing Date: Expected on or about March 10, 2026, subject to customary conditions and regulatory approvals (including conditional CSE approval).
• Regulatory Disclaimers: Units not registered under the U.S. Securities Act; cannot be offered/sold in the United States absent exemption/registration.

Notable Quotes

• “On Behalf of the Board of Directors” – Quinn Field‑Dyte, Chief Financial Officer and Director (no direct quote provided).