QMC QUANTUM MINERALS CORP - QMCQF STOCK NEWS

QMC Quantum Minerals Corp. has announced favorable results from a litho-geochemical soil survey, which will be included in their upcoming NI 43-101 report by SGS Canada. The survey indicates a 1,100m long lithium geochemical anomaly, with concentrations exceeding 1,000 ppm Li in several areas. Chip samples returned up to 4.16% Li2O. The lithium market is projected to face a deficit by 2022, pushing prices for lithium hydroxide to potentially exceed $16,000 per tonne. The company aims to explore these new targets with additional drilling, asserting significant mineralization potential.

QMC Quantum Minerals Corp. has received the 2021 work permit for its 100% owned Irgon Lithium Mine Project in Manitoba. This development aligns with U.S. President Biden's $1.9 trillion stimulus plan, which includes $174 billion for the electric vehicle (EV) sector, positioning QMC as a key player in the EV supply chain. The upcoming work program will involve various geological assessments aimed at extending lithium mineralization and exploring new targets. Historical estimates suggest significant potential, with a past report indicating 1.2 million tons of lithium resources graded at 1.51% Li2O.

On March 22, 2021, QMC Quantum Minerals Corp. appointed Daniel Leroux as a technical advisor to enhance the Irgon Lithium Mine Project and advance the Namew Lake District Project. Leroux brings over 25 years of experience in geology and project management, having previously managed major lithium projects. The appointment aligns with QMC's plans to become part of Canada's critical mineral supply chain. Furthermore, the company granted 500,000 incentive stock options at an exercise price of 35 cents, subject to TSX Venture Exchange approval.

On March 15, 2021, QMC Quantum Minerals Corp. (QMCQF) announced the successful closing of a financing round, generating $2.1 million through the issuance of 7.5 million units at $0.28 each. Each unit includes one common share and one warrant exercisable at $0.37 for two years. Insider investors subscribed for 300,000 units, and the funds will be allocated for working capital and advancing mineral properties. With proximity to North America's electric vehicle hub, QMC positions itself as a key player in the EV battery supply chain.

QMC Quantum Minerals Corp. has received conditional approval from the TSX Venture Exchange for a non-brokered private placement totaling $2.1 million. This will involve issuing 7.5 million units at $0.28 each, with attached warrants exercisable at $0.37 for 24 months. If the share price exceeds $0.50 for ten consecutive days, the expiry date of the warrants may be accelerated. The funds will be allocated for working capital and advancing mineral properties. The company is strategically located near major electric vehicle plants, enhancing its supply chain potential.

QMC Quantum Minerals Corp. has successfully closed a financing round, raising $750,000 through the issuance of 7.5 million units at $0.10 each. Each unit includes one common share and a purchase warrant exercisable at $0.16 for two years. The warrants may expire earlier if shares exceed $0.25 for ten consecutive days. The funds will be allocated for working capital and advancing mineral properties, including the Irgon Lithium Mine Project.

QMC Quantum Minerals Corp. (OTC PINK: QMCQF) has updated its Rocky Lake VMS property, located in Manitoba. The project is significant due to its geological similarity to nearby mines like Lalor and 777. Previous drilling has shown promising results, with intersections revealing up to 0.48% copper over 10 meters. The company plans further drilling to explore additional mineralization potential. The Namew Lake Project spans over 55,000 acres and is adjacent to HudBay Minerals’ Namew Lake Mine.