Quantum Battery Metals Starts Preliminary Work ON Acquiring Properties in Canada in Preperation FOR Canadas Ev Budget Plan
NEWS RELEASE
April 12, 2022
QUANTUM BATTERY METALS STARTS PRELIMINARY WORK ON ACQUIRING
PROPERTIES IN CANADA IN PREPERATION FOR CANADAS EV BUDGET PLAN
Vancouver, British Columbia – Quantum Battery Metals Corp. (CSE: QBAT; OTC:
BRVVF; FRA: 23B0) (“Quantum” or the “Company”) has started the preliminary steps of
acquiring additional lithium properties in Canada. The Company is boosted by the recent
announcement of the Canadian government to spend an additional $3.8 billion CAD to help propel
the country's efforts to become a key part of the global electric vehicle supply chain. Canada's
decision to boost domestic production of lithium and copper will help th e Company increase its
prospects and find additional positive results.
The Company plans to expand its profile and increase its presence in known lithium rich regions
by acquiring further projects. As several economies push for cutting carbon emissions, a demand
for battery materials has increased exponentially leading to a shortage in lithium and cobalt. The
recent geopolitical turbulence in Europe has seen a surge in demand in electrical vehicles and the
components needed to make their batteries. In addition, supply chain issues have caused prices to
surge as consumer demand outstrips production.
The Company plans to stake additional property before the year end of 2022.The Company plans
to develop an extensive 2023 lithium exploration program and rely on the results to determine
centralized areas to focus on. Quantum is looking into several lithium prospects to further enhance
its battery metal portfolio.
“The government's plan to spend the additional funds to push the country towards a green
revolution is great to see. Canada has long been a producer of gold, but with increasing demand
for lithium and cobalt for electric vehicles the country needs to push towards high demand rare
earth metals, which Quantum is looking at intending to mining. We have already a specific list of
locations which we feel will be ideal new projects for the Company that Would provide us with
positive results and would help cement us as a leader in the battery metal space. We will push to
become a leader in conflict free lithium and preferred supplier for numerous EV companies,” states
David Greenway, director.
QUANTUM BATTERY METALS CORP.
“Andrew Sostad”
_______________________
Andrew Sostad, CEO and Director
Contact Information:
400 – 837 West Hastings Street
Vancouver, British Columbia
V6C 3N6
Phone: 604.629.2936
Email: [email protected]
Forward-Looking Information This news release includes certain statements that may be deemed
"forward-looking statements". All statements in this release, other th an statements of historical
facts, that address events or developments that Quantum Battery Metals Corp. (the "Company")
expects to occur, are forward-looking statements. Forward-looking statements are statements that
are not historical facts and are generally, but not always, identified by the words "expects", "plans",
"anticipates", "believes", "intends", "estimates", "projects", "potential" and similar expressions, or
that events or conditions "will", "would", "may", "could" or "should" occur. Although t he
Company believes the expectations expressed in such forward -looking statements are based on
reasonable assumptions, such statements are not guarantees of future performance and actual
results may differ materially from those in the forward -looking state ments. Factors that could
cause the actual results to differ materially from those in forward -looking statements include
market prices, exploitation and exploration successes, and continued availability of capital and
financing, and general economic, market or business conditions. Investors are cautioned that any
such statements are not guarantees of future performance and actual results or developments may
differ materially from those projected in the forward -looking statements. Forward -looking
statements are based on the beliefs, estimates and opinions of the Company's management on the
date the statements are made. Except as required by applicable securities laws, the Company
undertakes no obligation to update these forward -looking statements in the event that
management's beliefs, estimates or opinions, or other factors, should change.