Black Qmet Settles Outstanding Debt
Q BATTERY METALS CORP.
500- 666 Burrard Street
Vancouver, BC, V6C 3P6
www.blackQMETresources.com
BLACK QMET SETTLES OUTSTANDING DEBT
August 29, 2023 – Vancouver, British Columbia. Q Battery Metals Corp. (the “Company”) (CSE: QMET)
(Frankfurt: 0NB) (OTCPK: BTKRF) is pleased to announce that it has settled outstanding indebtedness of
$81,500.
The Company settled outstanding indebtedness of $ 81,500 in exchange for an aggregate of 1, 630,000
common shares of the Company at a price of $0.05 per common share. This debt settlement included
outstanding indebtedness of $50,000 owing to the Company’s CEO, Richard Penn.
The securities, when issued will be subject to a four month and one day hold from the date of issuance. In
addition, the debt settlement is subject to the approval of the CSE.
On behalf of the Board of Directors
Richard Penn
CEO
(778) 384-8923
Cautionary Statement
Except for statements of historic fact, this news release contains certain “forward-looking information” within
the meaning of applicable securities law including statements relating exploration program expenditures.
Forward-looking information is frequently characterized by words such as “plan”, “expect”, “project”,
“intend”, “believe”, “anticip ate”, “estimate” and other similar words, or statements that certain events or
conditions “may” or “will” occur. Forward -looking statements are based on the opinions and estimates at
the date the statements are made, and are subject to a variety of risks a nd uncertainties and other factors
that could cause actual events or results to differ materially from those anticipated in the forward -looking
statements including, but not limited to delays or uncertainties with regulatory approvals, including that of
the CSE, inability to effectively plan a program, third party land claims or failure to obtain permits. There
are uncertainties inherent in forward -looking information, including factors beyond the Company’s control.
There are no assurances that the business plans for the Company as described in this news release will
come into effect on the terms or time frame described herein. The Company undertakes no obligation to
update forward-looking information if circumstances or management’s estimates or opinions should change
except as required by law. The reader is cautioned not to place undue reliance on forward -looking
statements. Additional information identifying risks and uncertainties that could affect financial results is
contained in the Company’s filings w ith Canadian securities regulators, which are available at
www.sedar.com.