Q BATTERY METALS CLOSES FT PRIVATE PLACEMENT

Mr. Richard Penn reports

Q BATTERY METALS CORP. CLOSES FLOW THROUGH PRIVATE PLACEMENT

Q Battery Metals Corp. has closed a flow-through private placement previously announced Dec. 18, 2023. The company issued a total of 6,075,000 units at a price of two cents per unit.

Each unit consists of one flow-through common share and one-half of one non-flow-through 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 company paid finders' fees to EMD Financial consisting of $7,000 cash, 175,000 common shares and 140,000 finder warrants exercisable at five cents per share for a two-year term.

The securities issued are 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.