Quantum Battery Metals Corp. Announces Amendment of LIFE Offering to Non-Brokered Private Placement of Units

Core Viewpoint - Quantum Battery Metals Corp. is amending its non-brokered private placement to raise a maximum of $560,000 through the issuance of units priced at $0.29 each, consisting of common shares and warrants [1][2]. Offering Details - The offering will consist of a minimum of 1,750,000 units at a price of $0.29 per unit, aiming for maximum gross proceeds of up to $560,000 [2]. - Each unit includes one common share and one warrant, with the warrant allowing the purchase of an additional common share at an exercise price of $0.40, valid for 12 months post-closing [3]. Warrant Acceleration Provision - The warrants have an acceleration provision that allows the company to expedite their expiry if the common shares trade at a VWAP of at least $0.80 for five consecutive trading days [4]. Use of Proceeds - The net proceeds from the offering will be allocated for exploration activities and general corporate purposes, including working capital [6]. Closing Timeline - The closing of the offering is anticipated around March 10, 2026, subject to regulatory approvals [7]. Company Overview - Quantum Battery Metals Corp. focuses on the exploration and development of battery metals projects essential for the electric vehicle and renewable energy sectors, emphasizing responsible exploration and value-driven growth [9].