Quantum Battery Discusses Proposed Joint Venture with Top Global Car Manufactuerer
NEWS RELEASE December 2022
QUANTUM BATTERY DISCUSSES PROPOSED JOINT VENTURE WITH
TOP GLOBAL CAR MANUFACTUERER
Vancouver, British Columbia, December 13, 2022 – Quantum Battery Metals Corp.
(CSE: QBAT; OTC: BRVVF; FRA: 23B0) (“Quantum” or the “Company”) announces
that it has expanded its talks with the Japanese conglomerate known worldwide as a
multinational car manufacturer sixth largest in Japan and 19 th largest in worldwide
production. The meeting with their Mineral Resources division initially discussed the
preliminary steps for a proposed joint venture with the Company as the corporation
showed great interest in Quantum’s por tfolio. The Company’s battery metal properties
were selected as the main focus point for the meeting due to its proximity to large well -
known producers in the James Bay Area. Quantum intends to secure this joint venture to
further develop its properties in the near future. The Company has indicated which
projects would suit the joint venture partnership as Kelso and Alba have benefited from
our 2021 and 2022 exploration program, however, Lac Mistumis has potential according
to historical records. Recent news from the Company has been well -received and
numerous investors have reached out to the Company to raise millions in capital .
Quantum has displayed a versatile collection of properties which has sparked interest
with investors in the battery metals industry.
The mineral resources group of the conglomerate in 2014 opened a $3.4 billion coking
coal mine in Caval Ridge, Queensland, Australia, through its 50% shareholding and is
pushing towards battery metals as of recent . Their Motors division in recent ne ws has
accelerated their production of plug -in hybrid vehicles which mirrors recent world
demands shown for battery metals in the car industry. They are listed as a Major Player
within the electric vehicle (EV) Batteries market, in which through joint vent ures with
battery manufacturers have pinpointed Quantum as a future possible supplier of battery
metals within Canada. The company recently won the 2023 Family Green Car of the year
and 2022-2023 Japan Car of the Year award , beating competitors and cementing their
position as an economic consumer favourite.
The Company proposes to continue capitalizing on its current projects, while securing
possible options and acquisitions of new lithium and cobalt properties within the b attery
metals space. Quantum intends to streamline their assets for their 2023 exploration
program to ensure that all properties in their portfolio are developed further. The Company
has received great interest in the past couple month’s which has reinvigo rated
management to continue its efforts in expanding its portfolio and developing isolated
anomalies discovered with the 2022 exploration program. Further gathering and analyses
of samples is to be expected within the early months of the upcoming explorat ion
program.
“The Company has progressed in its preliminary talks with the car manufacturer. We are
excited to possibly include them a proposed joint venture in the future. With hav ing a
experienced extremely well financed partner on our portfolio of prope rties, we can focus
not only on further develop ment but additional acquisitions to our portfolio adding
significant lithium and cobalt properties near our existing projects ” states Marc Momeni,
Chief Executive Officer.
QUANTUM BATTERY METALS CORP.
“Marc Momeni”
_______________________
Marc Momeni, 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 than
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", "p otential" and similar expressions, or that events or conditions
"will", "would", "may", "could" or "should" occur. Although the Company believes the
expectations expressed in such forward -looking statements are based on reasonable
assumptions, such stateme nts are not guarantees of future performance and actual
results may differ materially from those in the forward -looking statements. 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.