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Quantum Battery Metals Has Signed Share Exchange to Acquire the Hook’S Harbour Copper Property

Mergers & Acquisitions

NEWS RELEASE MAY 2023

QUANTUM BATTERY METALS HAS SIGNED SHARE EXCHANGE TO ACQUIRE

THE HOOK’S HARBOUR COPPER PROPERTY

VANCOUVER, BC, May 2, 2023 - Quantum Battery Metals Corp. (CSE: QBAT) (OTC

Pink: BRVVF) (FSE: 23B0) ("Quantum" or the "Company") , a Battery metals mining

company, has signed the share exchange agreement dated May 2, 2023, to acquire their first copper

project, The Hook’s Harbour Property. The Share Exchange details the acquisition of the property

through acquiring 1000333018 Ontario Corp. (“1000333018”) which has 100-per-cent interest in

and to 26 mineral claims, together with the surface rights, mineral rights, personal property, and

permits associated there with located on the Hook’s Harbour Property.

About the Hook’s Harbour Property

The Hook’s Harbour Property is a copper prospect with an approximate area of 650 hectares in

jurisdiction of Newfoundland, Canada. The property is air accessible and located 180km NW of

the St. John’s International Airport.

Transaction Structure:

Quantum will be issuing 5,882,352 common shares to the shareholders of 1000333018 in exchange

for 100 per cent of the outstanding shares in 1000333018.

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 expectations expressed in such forward -looking statements are based on

reasonable assumptions, such statements are not gua rantees 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, exploitati on 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 applicabl e 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.