20:39:24 EDT Tue 14 May 2024
Enter Symbol
or Name
USA
CA



Quantum Battery Metals Corp
Symbol QBAT
Shares Issued 28,993,151
Close 2023-05-02 C$ 0.42
Market Cap C$ 12,177,123
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Quantum Battery Metals acquires Hook's Harbour property

2023-05-02 17:41 ET - News Release

Mr. Marc Momeni reports

QUANTUM BATTERY METALS HAS SIGNED SHARE EXCHANGE TO ACQUIRE THE HOOK'S HARBOUR COPPER PROPERTY

Quantum Battery Metals Corp. has signed the share exchange agreement dated May 2, 2023, to acquire its first copper project, the Hook's Harbour property. The share exchange details the acquisition of the property through acquiring 1000333018 Ontario Corp., which has 100-per-cent interest in and to 26 mineral claims, together with the surface rights, mineral rights, personal property and permits associated there with located on the Hook's Harbour property.

About the Hook's Harbour property

The Hook's Harbour property is a copper prospect with an approximate area of 650 hectares in jurisdiction of Newfoundland, Canada. The property is air accessible and located 180 kilometres northwest of the St. John's International Airport.

Transaction structure

Quantum will be issuing 5,882,352 common shares to the shareholders of 1000333018 in exchange for 100 per cent of the outstanding shares in 1000333018.

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