Mr. Quinn Field-Dyte reports

QUANTUM BATTERY METALS CORP. ANNOUNCES AMENDMENT OF LIFE OFFERING TO NON-BROKERED PRIVATE PLACEMENT OF UNITS

Quantum Battery Metals Corp. will be amending the non-brokered private placement pursuant to the listed issuer financing exemption under Part 5A of National Instrument 45-106, Prospectus Exemptions, announced by way of news releases on Feb. 5, 2026, and Feb. 19, 2026, to a ordinary non-brokered private placement.

The offering will consist of a minimum of 1.75 million units of the company at a price of 29 cents per unit, for maximum gross proceeds of $560,000.

Each unit will consist of one common share of the company and one common share purchase warrant. Each warrant will entitle the holder to purchase one additional common share at an exercise price of 40 cents per common share, subject to adjustment in certain circumstances, until 5 p.m. Pacific Time on the date that is 12 months following the closing date of the offering.

Warrant acceleration provision

The warrants will be subject to an acceleration provision, whereby, if the company's common shares trade at a daily volume-weighted average price (VWAP) of at least 80 cents per share on the Canadian Securities Exchange for five consecutive trading days, the company may deliver written notice to the holders accelerating the expiry of the warrants. In such event, the warrants will expire on the 30th calendar day following the date of the acceleration notice.

All securities issued in connection with the offering will be subject to a statutory hold period of four months plus a day from the date of issuance in accordance with applicable Canadian securities laws.

The company intends to use the net proceeds from the offering for exploration activities and general corporate and working capital purposes. The company may pay finders' fees or issue compensation securities in connection with the offering in accordance with applicable securities laws and the policies of the Canadian Securities Exchange.

The closing of the offering is expected to occur on or about March 10, 2026, or such other date(s) as may be determined by the company, and is subject to customary closing conditions, including the receipt of all necessary regulatory approvals, including conditional approval of the Canadian Securities Exchange.

About Quantum Battery Metals Corp.

Quantum Battery Metals is focused on the exploration and development of battery metals projects critical to the growing electric vehicle and renewable energy sectors. The company is committed to responsible exploration and value-driven growth.

We seek Safe Harbor.