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LEAP.V ·

Quantum Closes Private Placement

Financings

PO BOX 31880

Steveston Village, BC, V7E 0B5, Canada

tel: 604.428.2900

[email protected]

www.quantumcriticalmetals.com

/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR

FOR DISSEMINATION IN THE UNITED STATES/

QUANTUM CLOSES PRIVATE PLACEMENT

Vancouver, BC – July 18, 2025 – Quantum Critical Metals Corp. (TSX.V: LEAP | OTCQB: ATOXF | FSE: 86A1)

(“Quantum” or the “ Company”) announce s that, further to its news release date July 1 5, 2025, the

Company has closed its final tranche of its non-brokered private placement financing (the “ Offering”)

raising gross proceeds of $580,000.30 pursuant to the sale of 5,800,003 units (“Units”) at a price of $0.10

per Unit. Each Unit consists of one common share of the Company (each, a “ Share”) and one common

share purchase warrant (each, a “Warrant”). Each Warrant entitles the holder to acquire one Share at a

price of $0.20 per Share until July 17, 2027.

The Company intends to use the net proceeds from the Offering to fund continued exploration activities

on the Company’s properties in British Columbia and Quebec and for general corporate purposes.

Closing of the Offering is subject to certain conditions, including the final approval of the TSX Venture

Exchange (the “TSXV”) and certain other conditions customary for a private placement of this nature. All

securities issued pursuant to th is tranche of the Offering are subject to a statutory four month and one

day hold period from their date of issue expiring on November 18, 2025. The Company did not pay finder’s

fees in this tranche of financing.

Offering Summary

Total g ross proceeds i n connection with the Offering totaled $2,009,100.30 pursuant to the sale of

20,091,003 units. The Company paid finder’s fees consisting of $54,217 in cash fees and issued 541,170

brokers warrants in respect of subscriptions from purchasers under the Offering introduced to the

Company by certain persons in accordance with the policies of, and subject to the approval of, the TSXV.

Gross proceeds for Pro Group members (as such term is defined in the policies of the TSXV) amounted to

$92,500 pursuant to the issuance of 925,000 Units.

Certain insiders participated in th e Offering. As a result, the Offering is considered a “related party

transaction” pursuant to M ultilateral Instrument 61 -101 – Protection of Minority Security Holders in

Special Transactions (“MI 61- 101”). The Offering is exempt from the formal valuation and minority

shareholder approval requirements of MI 61-101 by the application of Sections 5.5(b) and 5.7(1)(a) of MI

61-101 because the shares trade on the TSXV and the fair market value of insiders’ participation is below

25% of the Company’s market capitalization as calculated for purposes of MI 61-101. Gross proceeds from

insiders participating in the financing amounted to $1 65,000.30 pursuant to the issuance of 1, 650,003

Units.

The securities described herein have not been, and will not be, registered under the United States

Securities Act of 1933, as amended (the “ U.S. Securities Act ”), or any state securities laws, and

accordingly, may not be offered or sold within the United States except in compliance with the registration

requirements of the U.S. Securities Act and applicable state securities requirements or pursuant to

exemptions therefrom. This press release is not an offer or a solicitation of an offer of securities for sale

PO BOX 31880

Steveston Village, BC, V7E 0B5, Canada

tel: 604.428.2900

[email protected]

www.quantumcriticalmetals.com

in the United States, nor will there be any sale of the securities in any jurisdiction in which such offer,

solicitation or sale would be unlawful.

About Quantum Critical Metals Corp.

Quantum Critical Metals Corp. (TSX.V: LEAP) (OTCQB: ATOXF) (FSE: 86A1) is a Canadian mineral

exploration company focused on advancing critical metals projects that power next -generation

technologies. With a growing portfolio of promising assets —including the NMX East Gallium -Rubidium-

Cesium Project in Québec, the Discovery Gallium -Rubidium-Cesium and polymetallic project in Québec,

the Victory Antimony Project, 4 copper projects in British Columbia, and the Prophecy Germanium -

Gallium-Zinc Project in British Columbia, among others, the Company is strategically positioned to support

the West’s transition to a secure and sustainable critical minerals supply.

To stay updated on Quantum’s latest developments, sign up for our mailing list and

visit www.quantumcriticalmetals.com and www.sedarplus.ca.

Marcy Kiesman, CEO

Telephone: 604.428.2900 or 604.339.2243

Email: [email protected]

Website: www.quantumcriticalmetals.com

Forward-Looking Statements

This news release contains “forward-looking information or statements” within the meaning of applicable

securities laws, which may include, without limitation, statements that address Offering and the terms

thereof, including the closing of future tranches of the Offering, the payment of fees in respect of the

Offering and TSXV approval of the foregoing, the use of proceeds from the Offering and other statements

relating to the business, financial and technical prospects of the Company. All statements in this news

release, other than statements of historical facts that address events or developments that the Company

expects to occur, are forward -looking statements. Although the 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 statements.

Such forward -looking information reflects the Company’s views with respect to future events and is

subject to risks, uncertainties and assumptions, including those filed under the Company’s profile on

SEDAR+ at www.sedarplus.ca. Factors that could cause actual results to differ materially from those in

forward-looking statements include, but are not limited to, continued availability of capital and financing

and general economic, market or business conditions. The Company does n ot undertake to update

forward-looking statements or forward-looking information, except as required by law.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies

of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.