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QBAT.CN ·

Quantum Cobalt Proceeds with NAME Change to Quantum Battery Metals Corp.

Corporate Actions

News Release

March 22, 2021

QUANTUM COBALT PROCEEDS WITH NAME CHANGE TO QUANTUM BATTERY

METALS CORP.

Vancouver, British Columbia – Quantum Cobalt Corp. (CSE: QBOT; OTC: BRVVF; FRA: 23BA)

(“Quantum” or the “Company”) will undergo a name change and ticker symbol change to “Quantum

Battery Metals Corp .” and “QBAT” respectively, effective market open on March 23, 2021. The name

change has been implemented to better ref lect the Company ’s direct ion, p rimarily focusing on their

Lithium and Cobalt resource properties in the battery metals industry.

Shares will begin trading under the new name and symbol and with a new Cusip number on March 23,

2021.

Disclosure documents are available on the Canadian Securities Exchange website.

Effective Date/ Date effective : le 23 mars/March 2021

New Symbol/ Nouveau symbole : QBAT

Old Symbol/Vieux symbole: QBOT

New CUSIP/ Nouveau CUSIP : 74765C 10 3

New ISIN/ Nouveau ISIN : CA 74765C 10 3 2

Old/Vieux CUSIP & ISIN : 74766R208/CA74766R2081

QUANTUM COBALT CORP.

“David Greenway”

_______________________

David Greenway, CEO and Director

Contact Information:

400-837 West Hastings Street

Vancouver, British Columbia

V6C 3N6

[email protected]

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13516832.1

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 Cobalt

Corp. (the "Company") expects to occur, are forward-looking statements. Forward-looking statements are statements that are

not hist orical facts and are generally, but not always, identified by the words "expects", "plans", "anticipates", "believes",

"intends", "estimates", "pro jects", "potential" a nd simila r 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 perf ormance 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 a ctual results or deve lopments may differ materi ally from those projected in the

forward-looking statements. F orward-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.