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QBAT.CN ·

Quantum Battery Metals Arranges a Private Placement FOR $300,000

Financings

NEWS RELEASE

November 1, 2024

QUANTUM BATTERY METALS ARRANGES A PRIVATE PLACEMENT FOR $300,000

Vancouver, British Columbia – Quantum Battery Metals Corp. (CSE: QBAT; OTC:

BRVVF; FRA: 23B0) (“Quantum” or the “Company”) announces that it will be arranging a

non-brokered private placement (the “Private Placement”) comprising of 681,818 Shares

(“Shares”) at a price of $0.44 Share for gross proceeds of $300,000.00.

The proceeds of the private placement will be used for general working capital . All securities

issued in connection with the offering are subject to a statutory hold period of four months plus

one day in accordance with applicable securities legislation from the date of issuance. The closing

of the offering is subject to a number of conditions, including the receipt of all necessary corporate

and regulatory approvals, including that of the CSE.

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 o n

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 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 i n the event that

management's beliefs, estimates or opinions, or other factors, should change.