Montreal, Quebec--(Newsfile Corp. - August 29, 2023) - Quantum eMotion Corp. (TSXV: QNC) (OTCQB: QNCCF) ("QeM" or the "Company"). Quantum eMotion will be a key participant in the August 30, 2023 live streaming webinar with the London Stock Exchange.

This press release may contain forward-looking statements

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‍Join us for an exciting live investor webinar showcasing the future of the defense and security industry. Quantum eMotion, an advanced technology developer leading the way towards a new generation of quantum-generated encryption for traditional and quantum-safe cybersecurity, will be one of three companies at the forefront of security solutions for modern world threats. Another presenter is a leading technology provider of AI-based next generation detection solutions for protecting high-traffic locations against prohibited weapons and other threats. Another participant will be a protective materials company engaging in the research, development, and commercialization of advanced, adaptive materials such as liquid armor, crucial for national defense and security industries. The link below will connect you live and the webinar will be available on the Quantum eMotion website after the event.

https://www.lsegissuerservices.com/spark/IDG/events/1d868557-b091-49cd-8242-47c853e56e6f

This press release may contain forward-looking statements that are subject to known and unknown risks and uncertainties that could cause actual results to vary materially from targeted results. Such risks and uncertainties include those described
This press release may contain forward-looking statements that are subject to known and unknown risks and uncertainties that could cause actual results to vary materially from targeted results. Such risks and uncertainties include those described
This press release may contain forward-looking statements that are subject to known and unknown risks and uncertainties that could cause actual results to vary materially from targeted results. Such risks and uncertainties include those described

This press release may contain forward-looking statements that are subject to known and unknown risks and uncertainties that could cause actual results to vary materially from targeted results. Such risks and uncertainties include those described
This press release may contain forward-looking statements that are subject to known and unknown risks and uncertainties that could cause actual results to vary materially from targeted results. Such risks and uncertainties include those described

About QeM

The Company's mission is to address the growing demand for affordable hardware security for connected devices. The patented solution for a Quantum Random Number Generator exploits the built-in unpredictability of quantum mechanics and promises to provide enhanced security for protecting high value assets and critical systems.

The Company intends to target the highly valued Financial Services, Blockchain Applications, Cloud-Based IT Security Infrastructure, Classified Government Networks and Communication Systems, Secure Device Keying (IOT, Automotive, Consumer Electronics) and Quantum Cryptography.
For further information, please contact:
Francis Bellido, Chief Executive Officer
Tel: 514.956.2525
‍Email: info@quantumemotion.com
‍Website: www.quantumemotion.com

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

This press release may contain forward-looking statements that are subject to known and unknown risks and uncertainties that could cause actual results to vary materially from targeted results. Such risks and uncertainties include those described in the Corporation's periodic reports including the annual report or in the filings made by Quantum from time to time with securities regulatory authorities.

Quantum eMotion Announces Closing of Private Placement

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Montreal, Quebec-(March 20, 2024) - QuantumeMotion Corp. (TSXV: QNC) (OTCQB: QNCCF) ("QeM" or the"Corporation"), is thrilled to share that it has successfullycompleted a non-brokered private placement, issuing a total of 15,000,000 unitsat a price of $0.05 per unit. This has resulted in gross proceeds of $750,000,thanks to the involvement of several strategic investors who bring considerablevalue to QeM's cyber security efforts.

Each Unit is comprised of one common share and one warrant of the Corporation. Each warrant entitles its holder to acquire one common share of the Corporation at a price of $0.15 for a period of 12 months following the closing of the private placement. The securities issued in the private placement are subject to a four month and one day hold period expiring on July 22, 2024.

The net proceeds from the private placement will be used by QeM to finance and accelerate the commercialization of its patented (QRNG) Quantum Random Number Generator technology. The Corporation intends to target high profile verticals such as Healthcare Services and isalso well suited to meet the demands for Cloud-Based IT SecurityInfrastructure, Classified Government Networks And Communication Systems,Secure Device Keying (IOT, Automotive, Consumer Electronics), QuantumCryptography and Financial Services.

The Insiders' participation for $117,500 is exempt from the formal valuation and minority shareholder approval requirements provided under Regulation 61-101 respecting Protection of Minority SecurityHolders in Special Transactions ("Regulation 61-101")in accordance with sections 5.5(a) and 5.7(1)(a) of Regulation 61-101. The exemption is based on the fact that neither the fair market value of the private placement, nor the consideration paid by such Insiders exceeds 25% ofthe market capitalization of the Corporation.

As a result of the closing of the private placement, there are 150,502,838 common shares of the Corporation issued and outstanding.

The private placement was carried out pursuant to prospectus exemptions of applicable securities laws and is subject to final acceptance by the TSX Venture Exchange.

"We are very pleased with the results of this latest round. This level of capital investment will contribute to the execution of the strategic plan of QeM specifically by enhancing its commercialization capacities, here and abroad, and by facilitating its ongoing efforts in the development of strategic partnerships, both crucial to the success of QeM. The Board of Directors is grateful that both existing and new investors participated, as well as Directors and employees. This is undoubtedly a clear vote of confidence and a great testimonial to QeM's vision and potential for growth as a leader in quantum technologies," said MarcRousseau, CFO.

For more information about Quantum eMotion and its innovative projects, please visit the Quantum eMotion website.

About QeM

The Company's mission is to address the growing demand for affordable hardware and software security for connected devices. QeM has become a pioneering force in classical and quantum cybersecurity solutions thanks to its patented Quantum Random Number Generator, a security solution that exploits the built-in unpredictability of quantum mechanics and promises to provide enhanced protection for high-value assets and critical systems.

The Company intends to target highly valuedFinancial Services, Healthcare, Blockchain Applications, Cloud-Based ITSecurity Infrastructure, Classified Government Networks and CommunicationSystems, Secure Device Keying (IOT, Automotive, Consumer Electronics) andQuantum Cryptography.

About PINQ²

The Platform for Digital and QuantumInnovation is a non-profit organization created by the Université de Sherbrookeand the ministère de l'Économie, de l'Innovation et de l'Énergie du Québec(Ministry of Economy, Innovation and Energy of Quebec) in 2021. Its mission isto support organizations in accelerating their digital transformation, toenhance collaboration, and to simplify technology transfers between industriesand research, in addition to training the talents of tomorrow.

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