Quantum Battery Metals Actively Pursues Further Battery Metal Options in Property Acquisitions
NEWS RELEASE JANUARY 16TH 2023
QUANTUM BATTERY METALS ACTIVELY PURSUES FURTHER BATTERY
METAL OPTIONS IN PROPERTY ACQUISITIONS
VANCOUVER, BC, January 1 7th, 2023 - Quantum Battery Metals Corp. (CSE: QBAT)
(OTC Pink: BRVVF) (FSE: 23B0) ("Quantum" or the "Company"), a Battery metals mining
company, continues review on property acquisition for battery metal projects expanding its focus
towards copper opportunities. The Company is actively engaging in conversations for acquisition
of copper properties, with this motive derived from an increased demand and shortage of supply
for the mineral predicted in the near future. The management team will be continuing review and
analysis of current engaged property acquisition opportunities, while pursuing additional
engagement with projects focused on copper mining. This new venture will allow the Company to
expand its portfolio of assets and enter into one of the world’s most in-demand and vital EV Battery
Metals elements.
The chronic gap between worldwide copper supply and demand projected to begin i n the middle
of this decade will have serious consequences across the global economy and will affect the timing
of Net-Zero Emissions by 2050. Copper is essential to all energy transition plans, but the potential
supply-demand gap is expected to be very la rge as the transition proceeds. Substitution and
recycling will not be enough to meet the demands of electric vehicles (EVs), power infrastructure,
and renewable generation. Unless massive new supply comes online in a timely way, the goal of
Net-Zero Emissions by 2050 will be short-circuited and remain out of reach. 1
The Company is strategically pursuing the acquisition of copper projects, with the increased
demand and shortage of supply predicted in the near future. The world’s largest economies have
committed to reducing carbon emissions by cutting their reliance on fossil fuels. They are building
solar panels, wind turbines and electric vehicles (EVs) with the aim of making renewables the
primary source of energy. All of these ambitions, however, require significant volumes of copper,
a metal whose electric conductivity makes it indispensable in producing green technologies. 2
“Quantum has managed to obtain various exploration projects primarily in Lithium and Cobalt,
and by adding a Copper property to the portfolio, we will strengthen our capabilities to supply the
most in -demand minerals to large -scale technology forward companies,” states Marc Momeni ,
Chief Executive Officer of Quantum Battery Metals.
“Battery Metals are becoming a staple asset in our technology driven world, with recent forecasts
for upcoming demands and shortages, we are positioning ourselves for the next decade. W e have
1 https://cdn.ihsmarkit.com/www/pdf/0722/The-Future-of-Copper_Full-Report_14July2022.pdf
2 https://www.intellinews.com/the-copper-shortage-is-getting-real-265590/
been preparing for this opportunity by reviewing property acquisitions over the last year. With a
new motive to expand our focus into copper properties, we aim to add a desirable asset to our
portfolio further expanding potential capabilities of exploration.” Copper miners and analysts have
been warning of growing deficits starting in the mid-2020s, driven by rising demand for copper in
wind and solar farms, high voltage cables, and electric vehicles.3
Copper is a versatile and recyclable material that is arguably mankind’s most important metal. It’s
one of the few metals that has anti-bacterial properties that make it ideal for medical applications.
It’s also recyclable, meaning it’s an eco -friendly metal that can be used repeatedly. It’s so
malleable it can be shaped and formed into small wires without breaking. 4 Copper is a key
component in green energy technologies, notably electric vehicle (EV) production. Increases in
copper prices in response to increased demand are likely to be measurable over the next decade
rather than the next year.5 The Company will continue to provide further updates as it prog resses
forward with its strategic acquisition plans.
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", "potential" and similar expressions, or
that events or conditions "will", "would", "may", "could" or "should" occur. Although the
Company believes the expectati ons 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. Factors that could
cause t he 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. Investo rs 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
3 https://www.mining.com/web/glencore-shares-fall-as-output-guidance-misses-consensus-estimates/
4 https://mineralsmakelife.org/blog/the-importance-of-copper-for-modern-life/
5 https://www.forbes.com/sites/qai/2022/12/20/5-copper-stocks-for-2023-and-beyond/?sh=585119427f80
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.