Mr. Richard Penn reports
Q PRECIOUS & BATTERY METALS CORP. TO SETTLE OUTSTANDING DEBT
Q Precious & Battery Metals Corp. proposes to settle outstanding indebtedness of up to $474,350 in exchange for an aggregate of up to 9,487,000 common shares of the company at a price of five cents per common share. This debt settlement is anticipated to include outstanding indebtedness of $100,000 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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