Q Battery Metals Corp. Closes Second Tranche of Flow Through Private Placement

October 12, 2023 – Vancouver, British Columbia. Q Battery Metals Corp. (the “Company”) (CSE: QMET) (Frankfurt: 0NB) (OTCPK: BTKRF) announces that it has closed the second tranche of a flow through private placement previously announced September 18, 2023, and October 5, 2023, for gross proceeds of $42,000, issuing a total of 1,050,000 Units (as defined below) at a price of $0.04 per Unit subject to CSE approval. Each Unit consists of one flow-through common share and one half of one non-flow through share purchase warrant (each whole warrant a “Warrant”). Each Warrant will entitle the holder to purchase a non-flow through share at a price of $0.10 per share for a two-year term (the “Warrant Term”). The Company paid finders fees to EMD Financial consisting of $4,200 cash, 52,500 common shares and 42,000 finders warrants exercisable at $0.10 per share for a two-year term. The securities issued will be subject to a four month and one day hold from the date of issuance. The proceeds from the offering will be for critical mineral exploration activities in Quebec.