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  • Writer's pictureMr. Richard Penn

Q BATTERY METALS SETTLES $81,500 OF DEBT WITH SHARES

Mr. Richard Penn reports


QMET SETTLES OUTSTANDING DEBT


Q Battery Metals Corp. has settled outstanding indebtedness of $81,500.


The company settled outstanding indebtedness of $81,500 in exchange for an aggregate of 1.63 million common shares of the company at a price of five cents per common share. This debt settlement included outstanding indebtedness of $50,000 owing to the company's chief executive officer, Richard Penn.


The securities, when issued will be subject to a four-month-and-one-day hold from the date of issuance. In addition, the debt settlement is subject to the approval of the CSE.


We seek Safe Harbor.

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