QMC Applies FOR Warrant Extension

Suite 440 - 755 Burrard Street, Vancouver, British Columbia V6Z 1X6

Tel: (604) 601-2018 I email: [email protected] I web: www.qmcminerals.com

QMC APPLIES FOR WARRANT EXTENSION

October 11, 2022 Vancouver, British Columbia: QMC Quantum Minerals Corp., (TSX.V : QMC)

(FSE: 3LQ) (OTC PINK: QMCQF) (“QMC” or "the Company") has filed to extend the expiration of

date of 4,750,000 common share purchase warrants by two years. The warrants are exercisable into

common shares of the company at a price of $0.16 per share. The warrants were issued pursuant to a non-

brokerage private placement of 7.5 -million units at a price of $0.10 per unit on October 19, 2020. The

warrants are due to expire on October 19, 2022 and, subject to TSX Venture Exchange approval, will have

an amended expiry of date of October 19, 2024. All other terms and conditions of the warrants, including

the exercise price, remain the same.

About the Company

QMC is a British Columbia -based company engaged in the business of acquisition, exploration and

development of resource properties. Its objective is to locate and develop precious, base and rare metal

resource properties of merit. The Company’s properties include the Irgon Lithium Mine Project and two

VMS properties, the Rocky Lake and Rocky -Namew, known collectively as the Namew Lake District

Project. Currently, all of the company’s properties are located in Manitoba.

On behalf of the Board of Directors of

QMC QUANTUM MINERALS CORP.

“Balraj Mann”

Balraj Mann

President and Chief Executive Officer

604-601-2018

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in

policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news

release.