Mr. Richard Penn reports
Q BATTERY METALS CORP. ANNOUNCES PRIVATE PLACEMENT
Q Battery Metals Corp. has arranged a private placement financing of up to 25 million units (as defined below) at two cents per unit for gross proceeds of up to $500,000, subject to 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.