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Quantum Battery Metals ( (TSE:QBAT) ) has shared an announcement.
Quantum Battery Metals Corp. announced a non-brokered private placement to raise $300,000 by issuing 681,818 shares at $0.44 each. The funds will be used for general working capital, with the closing contingent upon receiving necessary approvals, indicating the company’s ongoing efforts to strengthen its financial position for operational activities.
More about Quantum Battery Metals
Quantum Battery Metals Corp. operates in the battery metals industry, focusing on the exploration and development of battery-grade metals that are crucial for the production of electric vehicles and energy storage systems.
YTD Price Performance: 176.00%
Average Trading Volume: 365
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $2.51M
For a thorough assessment of QBAT stock, go to TipRanks’ Stock Analysis page.