Welcome to our dedicated page for QUANTUM BATTERY MTALS NEW news (Ticker: BRVVD), a resource for investors and traders seeking the latest updates and insights on QUANTUM BATTERY MTALS NEW stock.
Quantum Battery Metals Corp. (BRVVD) provides essential updates on mineral exploration and strategic acquisitions in Canada's battery metals sector. This dedicated news hub offers investors and industry observers centralized access to official announcements, operational developments, and corporate milestones.
Discover timely updates on property acquisitions, exploration progress, and financial strategies through verified press releases. Our curated collection includes updates on key assets like the Calico Jack property in Newfoundland, share exchange agreements, and portfolio expansion initiatives critical to electric vehicle supply chains.
Regularly updated content ensures you stay informed about BRVVD's position in the competitive battery metals market. Bookmark this page for direct access to operational updates, geological survey results, and strategic partnership announcements that shape the company's growth trajectory in mineral exploration.
Quantum Battery Metals Corp. (CSE: QBAT) (OTC Pink: BRVVD) (FSE: 23B0) has provided an update on its acquisition of 1500643 B.C. (Calico Jack). Following a non-binding Letter of Intent signed on September 9, 2024, Quantum has successfully negotiated terms for a share exchange agreement. The company will issue 6,000,000 shares at $0.31 per share, totaling $1,860,000 in consideration.
The Calico Jack Property, located in Newfoundland, Canada, covers 525 hectares and is prospective for sedimentary-hosted stratiform copper mineralization. Exploration activities began in 2001, with recent surveys identifying multiple target areas. The property's geology includes formations from the Neoproterozoic Musgravetown Group, part of the Bonavista Basin.
Quantum is now working towards closing the transaction, pending final review and approval. This acquisition aligns with the company's strategic growth initiatives in the battery metals sector.
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