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Quantum Battery Metals Announces Share Consolidation on a Basis of 8 for 1

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Quantum Battery Metals Corp. (CSE: QBAT) (OTC Pink: BRVVF) (FSE: 23B0) has announced a proposed share consolidation on a basis of 8 pre-consolidated shares for 1 post-consolidated share. Currently, the company has 52,228,443 outstanding shares, which will be reduced to approximately 6,528,555 shares after the consolidation. The shares are planned to begin trading on a consolidated basis on September 23, 2024, with a new CUSIP number (74765C202) and ISIN (CA74765C2022). The company's name and trading symbol will remain unchanged.

Quantum Battery Metals Corp. (CSE: QBAT) (OTC Pink: BRVVF) (FSE: 23B0) ha annunciato una proposta di consolidamento delle azioni con un rapporto di 8 azioni pre-consolidamento per 1 azione post-consolidamento. Attualmente, l'azienda ha 52.228.443 azioni in circolazione, che saranno ridotte a circa 6.528.555 azioni dopo il consolidamento. Si prevede che le azioni inizino a essere scambiate su base consolidata il 23 settembre 2024, con un nuovo numero CUSIP (74765C202) e ISIN (CA74765C2022). Il nome e il simbolo di trading dell'azienda rimarranno invariati.

Quantum Battery Metals Corp. (CSE: QBAT) (OTC Pink: BRVVF) (FSE: 23B0) ha anunciado una propuesta de consolidación de acciones a razón de 8 acciones pre-consolidadas por 1 acción post-consolidada. Actualmente, la empresa tiene 52,228,443 acciones en circulación, que se reducirán a aproximadamente 6,528,555 acciones después de la consolidación. Se prevé que las acciones comiencen a cotizar en una base consolidada el 23 de septiembre de 2024, con un nuevo número CUSIP (74765C202) y ISIN (CA74765C2022). El nombre de la empresa y el símbolo de negociación permanecerán sin cambios.

Quantum Battery Metals Corp. (CSE: QBAT) (OTC Pink: BRVVF) (FSE: 23B0)는 8주를 통합된 1주로 변화시키는 주식 통합을 제안했습니다. 현재 이 회사는 52,228,443주 의결권이 있는 주식을 보유하고 있으며, 통합 후에는 약 6,528,555주로 줄어들게 됩니다. 주식은 2024년 9월 23일부터 통합된 형태로 거래될 예정이며, 새로운 CUSIP 번호(74765C202) 및 ISIN(CA74765C2022)이 부여됩니다. 회사의 이름과 거래 기호는 변경되지 않습니다.

Quantum Battery Metals Corp. (CSE: QBAT) (OTC Pink: BRVVF) (FSE: 23B0) a annoncé une consolidation d'actions proposée, avec un ratio de 8 actions avant consolidation pour 1 action après consolidation. Actuellement, la société dispose de 52 228 443 actions en circulation, qui seront réduites à environ 6 528 555 actions après la consolidation. Les actions devraient commencer à se négocier sur une base consolidée le 23 septembre 2024, avec un nouveau numéro CUSIP (74765C202) et ISIN (CA74765C2022). Le nom de la société et le symbole de négociation resteront inchangés.

Die Quantum Battery Metals Corp. (CSE: QBAT) (OTC Pink: BRVVF) (FSE: 23B0) hat einen vorgeschlagenen Aktienzusammenlegung angekündigt, bei dem 8 ausgegebene Aktien in 1 nach der Zusammenlegung zusammengeschlossene Aktie umgewandelt werden. Derzeit hat das Unternehmen 52.228.443 ausstehende Aktien, die nach der Zusammenlegung auf etwa 6.528.555 Aktien reduziert werden. Die Aktien sollen ab dem 23. September 2024 auf konsolidierter Basis gehandelt werden, mit einer neuen CUSIP-Nummer (74765C202) und ISIN (CA74765C2022). Der Name und das Handelssymbol des Unternehmens bleiben unverändert.

Positive
  • None.
Negative
  • Share consolidation may be perceived negatively by some investors
  • Potential decrease in liquidity due to reduced number of outstanding shares

Vancouver, British Columbia--(Newsfile Corp. - September 19, 2024) - Quantum Battery Metals Corp. (CSE: QBAT) (OTC Pink: BRVVF) (FSE: 23B0) ("Quantum" or the "Company"), announces that it has proposed a share consolidation of its common shares (each, a "Share") on the basis of an eight (8) pre-consolidated share for one (1) post-consolidated share (the "Consolidation").

Currently, a total of 52,228,443 shares are outstanding and issued for Quantum. As a result of the share consolidation, the outstanding shares of the company will be reduced to approximately 6,528,555 shares.

The shares are planned to be trading on a share consolidated basis and with a new Cusip number on September 23, 2024. The name of the company and symbol will not change.

Trading on a consolidated basis: September 23, 2024

New Cusip: 74765C202

New ISIN: CA74765C2022

QUANTUM BATTERY METALS CORP.

"Marc Momeni"

_______________________
Marc Momeni, CEO and Director
Contact Information:
400 - 837 West Hastings Street
Vancouver, British Columbia
V6C 3N6
Phone: 604.629.2936
Email: Info@quantumbatterymetalscorp.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/223971

FAQ

What is the share consolidation ratio for Quantum Battery Metals Corp. (BRVVF)?

Quantum Battery Metals Corp. (BRVVF) has announced a share consolidation ratio of 8 pre-consolidated shares for 1 post-consolidated share.

When will Quantum Battery Metals Corp. (BRVVF) shares start trading on a consolidated basis?

Quantum Battery Metals Corp. (BRVVF) shares are planned to start trading on a consolidated basis on September 23, 2024.

How many shares will Quantum Battery Metals Corp. (BRVVF) have outstanding after the consolidation?

After the share consolidation, Quantum Battery Metals Corp. (BRVVF) will have approximately 6,528,555 shares outstanding, reduced from the current 52,228,443 shares.

Will the company name or trading symbol change after Quantum Battery Metals Corp. (BRVVF) share consolidation?

No, the company name and trading symbol of Quantum Battery Metals Corp. (BRVVF) will not change after the share consolidation.

QUANTUM BATTERY METALS CO

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