Durango Resources Inc. Announces Name Change to Quantum Critical Metals Corp.
Vancouver, BC – March 13, 2025 – Durango Resources Inc. (TSXV: DGO, OTCQB: ATOXF, Frankfurt: 86A1) (“Durango” or the “Company”), is pleased to announce that effective March 17, 2025, the Company will change its name to “Quantum Critical Metals Corp.”
Impact on Shareholders
Shareholders of Durango do not need to take any action as a result of the name change. The Shares will continue to represent the same equity interests in the Company and will be traded under the new trading symbol, “LEAP”, on the TSX Venture Exchange starting March 17, 2025.
Rationale Behind the Name Change
The name change aligns with the Company’s strategic focus on the exploration and development of critical metals and minerals. Quantum Critical Metals Corp. better reflects the Company’s current business activities and future growth prospects.
Global Implications
The name change is not expected to have significant global implications. However, it may lead to increased recognition and awareness of the Company within the critical metals and minerals industry. The demand for critical metals and minerals is on the rise due to their essential role in various advanced technologies, including electric vehicles, renewable energy, and consumer electronics.
Company Overview
Quantum Critical Metals Corp. is a mineral exploration company focused on acquiring, exploring, and developing critical metals and minerals projects in North America. The Company’s key projects include the 100% owned Copper-Nickel-Palladium-Platinum project in British Columbia, Canada, and the 100% owned Zinc-Copper-Silver project in New Mexico, USA. The Company’s goal is to become a leading supplier of critical metals and minerals to the global market.
Market Opportunity
- Critical metals and minerals are essential for various advanced technologies, including:
- Electric vehicles
- Renewable energy
- Consumer electronics
The global market for critical metals and minerals is expected to grow significantly in the coming years. For instance, the demand for lithium and cobalt is expected to increase due to the widespread adoption of electric vehicles. Similarly, the demand for rare earth elements is expected to grow due to their use in various high-tech applications.
Conclusion
Durango Resources Inc.’s name change to Quantum Critical Metals Corp. reflects the Company’s strategic focus on the exploration and development of critical metals and minerals. The name change is not expected to have significant implications for shareholders or the global market. However, it may lead to increased recognition and awareness of the Company within the critical metals and minerals industry. With the demand for critical metals and minerals on the rise, Quantum Critical Metals Corp. is well-positioned to capitalize on this trend and become a leading supplier of these essential resources.
For further information on Quantum Critical Metals Corp., please visit the Company’s website at www.quantumcriticalmetals.com or contact Investor Relations at [email protected].
