NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE U.S.

Eric Szustak  of 1169 Essex Court, Oakville Ontario (the Offeror) announced the
purchase of 132,000 common shares of Quinsam Capital Corporation (CNSX:QCA) (the
Issuer). The shares were purchased on the Canadian National Stock Exchange
(CNSX) for an average price of approximately $0.139 per common share.


Prior to this purchase the Offeror had held ownership or control of 644,700
common shares of the Issuer. Immediately after the acquisition referred to
above, the Offeror held ownership or control over 776,700 common shares of the
Issuer, representing 17.0% of the currently outstanding common shares of the
issuer.


The securities of the Reporting Issuer are held for Investment purposes. Mr.
Szustak may, depending on market and other conditions, increase or decrease his
beneficial ownership of securities of the Reporting Issuer, whether in the open
market, by privately negotiated agreements or otherwise, subject to a number of
factors, including general market conditions and other available investment and
business opportunities.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Eric Szustak
905-330-7948

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