TORONTO, ONTARIO--(Marketwired - Oct. 22, 2013) -
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.