Quantum Closes Second Tranche of Private Placement
(TheNewswire)
/NOT FORDISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR
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Vancouver, BC – TheNewswire- July 15, 2025 – Quantum Critical MetalsCorp. (TSX.V: LEAP | OTCQB: ATOXF | FSE: 86A1) (“Quantum” or the“Company”) announces that, further to its news release date June27, 2025, the Company has closed a second tranche of its non-brokeredprivate placement financing (the “Offering”) raisinggross proceeds of $400,000 pursuant to the sale of 4,000,000 units(“Units”) at a price of $0.10 per Unit. Each Unit consists of onecommon share of the Company (each, a “Share”) and onecommon share purchase warrant (each, a “Warrant”). EachWarrant entitles the holder to acquire one Share at a price of $0.20per Share until July 15, 2027.
The Company intends to use the net proceeds from theOffering to fund continued exploration activities on the Company’sproperties in British Columbia and Quebec and for general corporatepurposes.
Closing of the Offering is subject to certainconditions, including the final approval of the TSX Venture Exchange(the “TSXV”) and certain other conditions customary for a privateplacement of this nature. The Company expects to close a final trancheon or about July 17, 2025. All securities issued pursuant to thistranche of the Offering are subject to a statutory four month and oneday hold period from their date of issue expiring on November 16,2025.
The Company paid finder’s fees consisting of $11,830in cash fees and issued 118,300 brokers warrants in respect ofsubscriptions from purchasers under the Offering introduced to theCompany by certain persons in accordance with the policies of, andsubject to the approval of, the TSXV. Gross proceeds for Pro Groupmembers (as such term is defined in the policies of the TSXV) in thesecond tranche amounted to $55,000 pursuant to the issuance of 550,000Units.
The securities described herein have not been, and willnot be, registered under the United States Securities Act of 1933, asamended (the “U.S.Securities Act”), or any state securitieslaws, and accordingly, may not be offered or sold within the UnitedStates except in compliance with the registration requirements of theU.S. Securities Act and applicable state securities requirements orpursuant to exemptions therefrom. This press release is not an offeror a solicitation of an offer of securities for sale in the UnitedStates, nor will there be any sale of the securities in anyjurisdiction in which such offer, solicitation or sale would beunlawful.
About Quantum Critical MetalsCorp.
Quantum Critical Metals Corp. (TSX.V: LEAP) (OTCQB:ATOXF) (FSE: 86A1) is a Canadian mineral exploration company focusedon advancing critical metals projects that power next-generationtechnologies. With a growing portfolio of promising assets—includingthe NMX East Gallium-Rubidium-Cesium Project in Québec, the DiscoveryGallium-Rubidium-Cesium and polymetallic project in Québec, theVictory Antimony Project, 4 copper projects in British Columbia, andthe Prophecy Germanium-Gallium-Zinc Project in British Columbia, amongothers, the Company is strategically positioned to support theWest’s transition to a secure and sustainable critical mineralssupply.
To stay updated on Quantum’s latest developments,sign up for our mailing list and visit www.quantumcriticalmetals.com and www.sedarplus.ca.
Marcy Kiesman, CEO
Telephone: 604.428.2900 or 604.339.2243
Email: marcykiesman@qcritical.com
Website: www.quantumcriticalmetals.com
Forward-Looking Statements
This news release contains “forward‐lookinginformation or statements” within the meaning of applicablesecurities laws, which may include, without limitation, statementsthat address Offering and the terms thereof, including the closing offuture tranches of the Offering, the payment of fees in respect of theOffering and TSXV approval of the foregoing, the use of proceeds fromthe Offering and other statements relating to the business, financialand technical prospects of the Company. All statements in this newsrelease, other than statements of historical facts that address eventsor developments that the Company expects to occur, are forward-lookingstatements. Although the Company believes the expectations expressedin such forward-looking statements are based on reasonableassumptions, such statements are not guarantees of future performanceand actual results may differ materially from those in theforward-looking statements.
Such forward-looking information reflects theCompany’s views with respect to future events and is subject torisks, uncertainties and assumptions, including those filed under theCompany’s profile on SEDAR+ at www.sedarplus.ca. Factors thatcould cause actual results to differ materially from those inforward-looking statements include, but are not limited to, continuedavailability of capital and financing and general economic, market orbusiness conditions. The Company does not undertake to updateforward‐looking statements or forward‐looking information, exceptas required by law.
Neither TSX Venture Exchange nor its RegulationServices Provider (as that term is defined in the policies of the TSXVenture Exchange) accepts responsibility for the adequacy or accuracyof this release.
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