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  • Writer's pictureMr. Richard Penn

Q BATTERY TO CLOSE $400,000 PRIVATE PLACEMENT

Mr. Richard Penn reports


Q BATTERY METALS CORP. ANNOUNCES FLOW THROUGH PRIVATE PLACEMENT


Q Battery Metals Corp. intends to close a flow-through private placement for gross proceeds of up to $400,000, issuing a total of up to 20 million units (as defined below) at a price of two cents per unit subject to Canadian Securities Exchange approval.


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 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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