Quantum Battery Metals Starts Preliminary Work on Acquiring Properties in Cobalt, Ontario
Vancouver, January 12, 2022 - Quantum Battery Metals Corp. (CSE: QBAT) (OTC Pink: BRVVF) (FSE: 23B0) ("Quantum" or the "Company") The Company announces that it has started the preliminary steps to acquiring additional Cobalt properties near the town of Cobalt, Ontario. The District of Cobalt is known for its high grades, ethical supply, and historic mining.
The Company plans to expand its profile and increase its presence in the district by acquiring further projects. As several economies push for cutting carbon emissions, a demand for battery materials have increased exponentially leading to a shortage in Lithium and Cobalt.
The Company is expecting positive sample results from their 2021 Cobalt exploration program soon, in which the Company plans to develop an extensive 2022 Cobalt exploration program and rely on the results to determine centralized areas to focus on. Although the Company's primary objective and focus is on their Lithium Projects, Quantum is looking to several Cobalt prospects to further enhance their Battery Metal Portfolio.
"We have chosen the District of Cobalt to search for several new projects to acquire due to the past success we have had in the area. By securing additional projects, we will be able to cement our position as a leading battery metal Company and further open the opportunity to have a more extensive work program in the coming years. Globally there continues to be a significant shortage of "EV metals" with conflict free cobalt leading the charge, if we are able to establish a resource of cobalt our company will be one of the preferred suppliers for many EV companies," states David Greenway, Director.
"Andrew Sostad"
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Andrew Sostad, CEO and Director
Contact Information:
400 - 837 West Hastings Street
Vancouver, British Columbia
V6C 3N6
Phone: 604.629.2936
Email: Info@quantumbatterymetals.com
Forward-Looking Information This news release includes certain statements that may be deemed "forward-looking statements". All statements in this release, other than statements of historical facts, that address events or developments that Quantum Battery Metals Corp. (the "Company") expects to occur, are forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects", "plans", "anticipates", "believes", "intends", "estimates", "projects", "potential" and similar expressions, or that events or conditions "will", "would", "may", "could" or "should" occur. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in the forward-looking statements. Factors that could cause the actual results to differ materially from those in forward-looking statements include market prices, exploitation and exploration successes, and continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. Forward-looking statements are based on the beliefs, estimates and opinions of the Company's management on the date the statements are made. Except as required by applicable securities laws, the Company undertakes no obligation to update these forward-looking statements in the event that management's beliefs, estimates or opinions, or other factors, should change.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/109886
