16:39:21 EDT Wed 15 May 2024
Enter Symbol
or Name
USA
CA



Quantum Battery Metals Corp
Symbol QBAT
Shares Issued 34,875,503
Close 2023-05-09 C$ 0.61
Market Cap C$ 21,274,057
Recent Sedar Documents

Quantum Battery closes Hook's Harbour acquisition

2023-05-09 20:20 ET - News Release

Mr. Marc Momeni reports

QUANTUM BATTERY METALS CLOSES ACQUISITION OF THE HOOK'S HARBOUR COPPER PROPERTY

Quantum Battery Metals Corp. has closed 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 a 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 has issued 5,882,352 common shares and warrants to the shareholders of 1000333018 in exchange for 100 per cent of the outstanding shares in 1000333018. The warrants are exercisable for 24 months at a price of 0.05 cent per warrant.

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