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  • Writer's pictureMr. Richard Penn

Q BATTERY CLOSES $107,000 PRIVATE PLACEMENT

Mr. Richard Penn reports


Q BATTERY METALS CORP. ANNOUNCES CLOSING OF PRIVATE PLACEMENT


Q Battery Metals Corp. has closed a private placement financing of 5.35 million units (as defined below) at two cents per unit for gross proceeds of $107,000.


Each unit consists of one common share and one-half of one share purchase warrant. Each warrant will entitle the holder to purchase a non-flow-through share at a price of five cents per share for a two-year term.


The securities issued will be subject to a four-month-and-one-day hold from the date of issuance.


The proceeds from the offering will be for general working capital. No finders' fees were paid.


We seek Safe Harbor.

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