SOURCE: Quantitative Methods, Corp.

January 17, 2007 08:30 ET

Quantitative Methods, Corp. Announces $4.5 Million Investment in the Matagami Mining Camp

Key Acquisition in Goal to Become Important Player in Mining Industry

NEW YORK, NY -- (MARKET WIRE) -- January 17, 2007 -- Quantitative Methods, Corp. (OTCBB: QTTM) today announced that it has made a $4.5 million investment in the Matagami Mining Camp, located in the Province of Quebec, Canada. This investment involves the acquisition of numerous mining claims in the world-class mining district. The Company will release further details on this investment immediately upon final legal and regulatory approval of the transaction. The realization of this significant investment by QTTM is the result of five months of intense negotiations with the property owners. It serves as the cornerstone of its goal to become an important player in the mineral exploration and development industry.

For more information please contact Bernard Bousseau at (514) 998-5437 or via e-mail at

Forward-Looking Statements

Please be advised that statements made herein, other than historical data, constitute forward-looking statements that involve risks and uncertainties that could cause actual results to differ materially from those stated or implied by such forward-looking statements. The potential risks and uncertainties include, among others, potential volatility in the company's stock price, increased competition, customer acceptance of new products and services offered by the company, and uncertainty of future revenue and profitability and fluctuations in its quarterly operating results. Please also be advised that the company's stock is not currently registered with the Securities and Exchange Commission.

Contact Information

  • Contact:

    Quantitative Methods, Corp.
    Bernard Bousseau
    Ph# (514) 998-5437