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QBAT.CN ·

Quantum Battery Metals Arranges Non-Brokered Private Placement

Financings

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN

THE UNITED STATES. ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY

CONSTITUTE A VIOLATION OF U.S. SECURITIES LAWS.

NEWS RELEASE

July 5, 2021

QUANTUM BATTERY METALS ARRANGES NON-BROKERED PRIVATE PLACEMENT

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

23B) (“ Quantum” or the “Company”) announces that it will be arranging a non-brokered

private placement (the “Private Placement”) comprising of a combination of flow-through units

(“FT Units”) and Units (“Units”) with a total of 222,223 FT Units/Units at a price of $4.50 per FT

Unit/Unit for gross proceeds of $1,000,003.50.

Each FT Unit will be comprised one flow through share of the Company and one common share

purchase warrant of the Company. Each Unit will be compr ised of one common share and one

common share purchase warrant of the Company. Each w arrant will be exercisable into a

common share of the Company for a peri od of 12 months at an exercise price of $5.00 for 12

months from issuance . The proceeds of the private placemen t will be u sed for the minera l

properties of the Company, marketing, and advertisements.

QUANTUM BATTERY METALS CORP.

“Andrew Sostad”

_______________________

Andrew Sostad, CEO and Director

Contact Information:

400 – 837 West Hastings Street

Vancouver, British Columbia

V6C 3N6

Email: [email protected]

Forward-Looking Informatio n This news r elease includes certain statements that may be

deemed "forward-looking statements". All statements in this release, other than state ments of

historical facts, that address events or dev elopments that Quantum Battery Metals Corp. (the

"Company") expects to occur, are forward-looking statements. Forward-looking statements are

statements t hat a re not historical facts and are generally, bu t not always, identifi ed by the

words "exp ects", "pl ans", "an ticipates", "believes", "intends", "estimates", "projects" ,

"potential" and similar expressions, or that events or c onditions "will", "would", "may", "could"

or "should" occur. Although the Compa ny believes the expectations expressed in such forward-

looking statements are based on reasonable assumptions, such sta tements are not guarantees

of future performance and actua l results may differ materially fr om those in the forward -

– 2 –

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 avai lability of capital and f inancing, and general economic, market or bus iness

conditions. Inve stors are cau tioned that any s uch state ments are no t guarantees of future

performance and actual results or developments may differ materially from those p rojected in

the forward -looking st atements. Forward -looking statements are base d on the beliefs,

estimates and opi nions of the Company's management on t he date the statements are made.

Except as req uired by applicable securities laws, the Company undertake s no obli gation to

update these forward-looking statements in the event that management's beliefs, estimates or

opinions, or other factors, should change.

United States Advisory

The securities referred to h erein have not been and will not be registered und er the United

States Securities Act of 1933, as amended (the "U.S. Securities Act"), have been offered and sold

outside the United States to eligible inve stors pursuant to Regula tion S promulgated under the

U.S. Securities Act, and may not be offered, sold , or resold in the United States or to, or for the

account of or benefit of, a U.S. Person (as such term is defined in Re gulation S under the United

States Securities Act) unless the securities are register ed under the U.S. Securities Act, or an

exemption from the registration requirements of the U.S. Securities Act is available. He dging

transactions involving the securities must not be conducted unless in accordance with the U.S.

Securities Act. This press release shall not constitute an offer to sell or t he solicitation of an offer

to buy any securities, nor shall there be any sale of securities in the state in the United S tates in

which such offer, solicitation or sale would be unlawful.