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  • Writer's pictureMr. Richard Penn

Q BATTERY METALS ARRANGES $500,000 PRIVATE PLACEMENT

Mr. Richard Penn reports


Q BATTERY METALS CORP. ANNOUNCES PRIVATE PLACEMENT


Q Battery Metals Corp.'s board of directors intends to close a private placement financing of up to 25 million units (as defined herein) at two cents per unit for gross proceeds of up to $500,000 subject to CSE (Canadian Securities Exchange) approval.


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 critical mineral exploration activities in Quebec.


We seek Safe Harbor.

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