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Quantum Battery Metals Announces Clarifying News Release Regarding Share Consolidation ON a Basis of 8 FOR 1

Corporate Actions Regulatory & Compliance

NEWS RELEASE SEPT 2024

QUANTUM BATTERY METALS ANNOUNCES CLARIFYING NEWS RELEASE

REGARDING SHARE CONSOLIDATION ON A BASIS OF 8 FOR 1

VANCOUVER, BC, September 20, 2024 - Quantum Battery Metals Corp. (CSE: QBAT)

(OTC Pink: BRVVF) (FSE: 23B0) ("Quantum" or the "Company") , announces that it has

proposed a share consolidation of its common shares (each, a “Share”) on the basis of an eight (8)

pre-consolidated share for one (1) post-consolidated share (the “Consolidation”).

Currently, a total of 52,228,443 shares are outstanding and issued for Quantum. As a result of the

share consolidation, the outstanding shares of the company will be reduced to approximately

6,528,555 shares.

The shares are planned to be trading on a share consolidated basis and with a new Cusip number

on September 24, 2024, instead of the previously announced September 23, 2024. The name of

the company and symbol will not change.

Trading on a consolidated basis: September 24, 2024

New Cusip: 74765C202

New ISIN: CA74765C2022

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 M etals 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 expectations expressed in such forward -looking statements are based on

reasonable assumptions, su ch statements 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.