QCA Quinsam Capital Corporation

Quinsam Capital Corporation (CNSX:QCA) ("Quinsam or the "Company") is pleased to
update shareholders on its December activities. 


Quinsam continues to selectively deploy funds into investments where Quinsam
see's strong value and growth potential. The company has completed the purchase
of positions in three additional companies: Grande West Transportation Group
Inc. ("Grande West"), Bri-chem Corp. ("Bri-chem") and Enterprise Group, Inc.
("Enterprise"). 


Grande West was formed in 2008 to design and develop a 27.5 foot bus, known as
the "Vicinity", in response to a Request for Information ("RFI") by BC Transit.
The Vicinity bus is a Canadian designed, community shuttle bus transportation
innovation that was conceived to meet the demand for a greener compact bus than
was currently available in North America. The first Vicinity bus prototype was
delivered in February 2010 as part of a beta-testing program. The Vicinity bus
has now received certification by the Canada Motor Vehicle Safety Standard,
Transport Canada, and the British Columbia Ministry of Transportation. Initial
deliveries of 15 Vicinity buses occurred in August 2013 to BC Transit. Sales
efforts across Canada have resulted in orders being received and production
commenced for 10 Vicinity buses for Quebec and for 3 Vicinity buses for a Nova
Scotia transit authority.


Bri-Chem has two primary segments of business: Bri-Chem's Drilling Fluid
Division is North America's largest independent wholesale supplier of drilling
fluids for the oil and gas industry. It provides over 100 critical drilling
fluid products, cementing, acidizing and stimulation additives from 31
strategically located warehouses throughout Canada and the United States;
Bri-Chem's Steel Pipe Division is the first company to introduce and construct a
Thermal Pipe Expansion (TPE) facility in North America for manufacturing,
testing and supply of large diameter seamless steel pipe for the energy
industry.


Enterprise is a consolidator of construction services companies operating in the
energy, utility and transportation infrastructure industries. Enterprise's focus
is primarily construction services and specialized equipment rental. The
company's strategy is to acquire complementary service companies in Western
Canada, consolidating capital, management and human resources to support
continued growth. Enterprise became a Western Canadian leader in flameless heat
technology in September 2012 with its acquisition of Artic Therm International
Ltd. and became a technological leader in underground infrastructure
construction by the closing of Calgary Tunnelling & Horizontal Augering Ltd. in
June 2013. Quinsam acquired both shares and warrants as part of our investment
in Enterprise.


About Quinsam Capital Corporation

Quinsam is a merchant bank based in Canada. Our merchant banking business
encompasses a range of activities including acquisitions, advisory services,
lending activities and portfolio investments. Quinsam invests its capital for
its own account in assets, companies or projects which we believe are
undervalued and where we have a viable plan for unlocking such value. We do not
invest on behalf of any third party, and do not offer investment advice.


This press release may contain forward-looking statements relating to
anticipated future events, results, circumstances, performance or expectations
that are not historical facts but instead represent our beliefs regarding future
events, which are inherently uncertain. Forward-looking statements can often,
but not always, be identified by forward-looking words such as "anticipate",
"believe", "continue", "expect", "goal", "plan", "intend", "estimate", "may",
"project", "predict", "potential", "target", and "will" or similar words
suggesting future outcomes, or other expectations, beliefs, plans, objectives,
assumptions, intentions or statements about future events or performance. 


By their nature, forward-looking statements require us to make assumptions which
include, among other things, that (i) Quinsam will have sufficient capital under
management to effect its business strategies, (ii) the business strategies will
produce the results intended by Quinsam, and (iii) the markets will react and
perform in a manner consistent with the business strategies. 


Forward-looking information involves known and unknown risks, uncertainties and
other factors that may cause actual results or events to differ materially from
those anticipated in such forward-looking information. The Company believes that
the expectations reflected in the forward-looking information are reasonable but
no assurance can be given that these expectations will prove to be correct. Some
of the risks and other factors that could cause actual results to differ
materially from those expressed in forward-looking information expressed in this
press release include, but are not limited to: market and general economic
conditions, interest rates, regulatory and statutory developments, the nature of
the Company's investments, the available opportunities and competition for
investments, the concentration of the Company's investments in certain
industries and sectors, reliance on key personnel, risks affecting the Company's
investments, management of the growth of the Company, and exchange rate
fluctuations. Readers are cautioned that the foregoing list of risks and factors
is not exhaustive. Although the Company has attempted to identify important
factors that could cause actual events or results to differ materially from
those described in forward-looking information, there may be other factors that
cause events or results to differ from those intended, anticipated or estimated.



The forward-looking information contained herein is provided as at the date of
the date of this press release, based upon the opinions and estimates of
management and information available to management as at the date of this press
release. The Company does not undertake and specifically disclaims any intention
or obligation to update or revise any forward-looking information, whether as a
result of new information, future events or otherwise, unless required by
applicable law. Readers are cautioned not to place undue reliance on
forward-looking information contained in this press release.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Quinsam Capital Corporation
Eric Szustak
President
(905) 330-7948
eric@quinsamcapital.com


Quinsam Capital Corporation
Roger Dent
CEO
(647) 993-5475
roger@quinsamcapital.com

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