QMC Quantum Minerals Corp., (TSX.V: QMC) (FSE: 3LQ) (OTC PINK: QMCQF) (" QMC" or "the Company"), further to its February 12, 2021 news release, the Company has received conditional approval from the TSX Venture Exchange for its a non-brokered private placement for $2.1 million. The private placement will consist of issuing 7.5-million units at $0.28 per unit, where each unit will consist of one common share and one common share purchase warrant exercisable at $0.37 per warrant for a period of 24 months. In the event that the closing price of the Company's shares as quoted on the TSXV exceeds $0.50 per share for ten consecutive trading days, the Company may accelerate the expiry date of the warrants by giving notice to the holders, within five days of such event, thereof, and in such case, the warrants will expire on the 30