Announcing Amendment of LIFE Offering to Non-brokered Offering
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News Release February 20, 2026
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR
FOR DISSEMINATION IN THE UNITED STATES
Quantum Battery Metals Corp. Announces Amendment of LIFE
Offering to Non-Brokered Private Placement of Units
Vancouver, British Columbia – February 20, 2026, Quantum Battery Metals Corp.
(CSE: QBAT | OTC: BRVVF | FRA: 23B0) (“Quantum” or the “Company”) announces
that it will be amending the non-brokered private placement pursuant to the listed issuer
financing exemption under Part 5A of National Instrument 45 -106 – Prospectus Exemptions
(“NI 45-106”) announced by way of news release on February 5, 2026 and February 19,
2026 to a ordinary non-brokered private placement.
The Offering will consist of a minimum of 1,750,000 units of the Company (the “Units”) at a
price of $0.29 per Unit, for maximum gross proceeds of up to $560,000.
Each Unit will consist of one common share of the Company (a “Common Share”) and one
common share purchase warrant (a “Warrant”). Each Warrant will entitle the holder to
purchase one additional Common Share at an exercise price of $0.40 per Common Share,
subject to adjustment in certain circumstances, until 5:00 p.m. (Pacific Time) on the date that
is 12 months following the closing date of the Offering (the “Expiry Period”).
Warrant Acceleration Provision
The Warrants will be subject to an acceleration provision, whereby, if the Company’s Common
Shares trade at a daily volume-weighted average price (“VWAP”) of at least $0.80 per share
on the Canadian Securities Exchange (the “CSE”) for five (5) consecutive trading days, the
Company may deliver written notice to the holders (an “Acceleration Notice”) accelerating
the expiry of the Warrants. In such event, the Warrants will expire on the 30 th calendar day
following the date of the Acceleration Notice.
All securities issued in connection with the Offering will be subject to a statutory hold period
of four months plus a day from the date of issuance in accordance with applicable Canadian
securities laws.
The Company intends to use the net proceeds from the Offering for exploration activities and
general corporate and working capital purposes. The Company may pay finder’s fees or issue
compensation securities in connection with the Offering in accordance with applicable
securities laws and the policies of the Canadian Securities Exchange.
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The closing of the Offering is expected to occur on or about March 10, 2026, or such other
date(s) as may be determined by the Company (the “Closing Date ”), and is subject to
customary closing conditions, including the receipt of all necessary regulatory approvals,
including conditional approval of the Canadian Securities Exchange.
The securities offered 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 applicable U.S. state
securities laws, and may not be offered or sold in the United States absent registration or an
applicable exemption from such registration requirements. This news release does not
constitute an offer to sell or the solicitation of an offer to buy securities in any jurisdiction
where such offer, solicitation, or sale would be unlawful.
About Quantum Battery Metals Corp.
Quantum Battery Metals Corp. is focused on the exploration and development of battery
metals projects critical to the growing electric vehicle and renewable energy sectors. The
Company is committed to responsible exploration and value-driven growth.
On Behalf of the Board of Directors
“Quinn Field-Dyte”
Quinn Field-Dyte
Chief Financial Officer and Director
For further information, please contact:
400 – 837 West Hastings Street
Vancouver, British Columbia V6C 3N6
Phone: 604.629.2936
Email: [email protected]
Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term
is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of
this release.
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 generally, but not
always, identified by words such as “expects,” “plans,” “anticipates,” “believes,” “intends,”
“estimates,” “projects,” “potential,” or similar expressions, o r statements 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 statements are not guarantees of
future performance and actual results may differ materially from those expressed or implied.
Factors that could cause actual results to differ materially include, without limitation, market
prices, exploration and exploitation risks, availability of capital and financing, regulatory
approvals, and general economic, market, or business conditions.
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Forward-looking statements are based on the beliefs, estimates, and opinions of management
as of the date of this news release. Except as required by applicable securities laws, the
Company undertakes no obligation to update or revise any forward -looking statements to
reflect subsequent events or circumstances.