SOURCE: Quincy Energy Corp.

October 25, 2005 17:01 ET

Quincy Grants Stock Options

TORONTO -- (MARKET WIRE) -- October 25, 2005 -- Quincy Energy Corp. (TSX-V: QUI) (OTC BB: QCYE) is pleased to announce that it has granted to certain directors, officers, employees and key consultants options to acquire an aggregate of 1,675,000 shares of the Company's common stock. The options are exercisable until October 25, 2010 at a price of CAD $0.50 per share. The options will vest in four equal tranches every six months beginning April 25, 2006. The grant is subject to the terms of the Company's 2003 Key Employee Stock Option Plan, and the receipt of all required regulatory approvals.

To find out more about Quincy Energy Corp. visit our website at www.quincyenergy.com or contact:

Daniel Farrell, Chairman & CEO
T: (416) 361-2830
E: dfarrell@quincyenergy.com

Art Ettlinger, President & COO
T: (604) 685-1964
E: aettlinger@quincyenergy.com

Murray Black, Corporate Development
T: (416) 361-2829
E: mblack@quincyenergy.com
THIS PRESS RELEASE WAS PREPARED BY QUINCY ENERGY CORP., WHICH ACCEPTS THE RESPONSIBILITY AS TO ITS ACCURACY. THE TSX VENTURE EXCHANGE DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

Information Regarding Forward-Looking Statements: Except for historical information contained herein, the statements in this Press Release are forward-looking statements that are made pursuant to the safe harbor provisions in the Private Securities Legislation Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause Quincy's actual results in future periods to differ materially from forecasted results. These risks and uncertainties include, among other things: volatility of natural resource prices; product demand; market competition and risks inherent in Quincy's operations. These and other risks are described in the Company's Annual Report or Form 10-K and other filings with the Securities and Exchange Commission.

Contact Information

  • Contact:
    Daniel Farrell, Chairman & CEO
    T: (416) 361-2830
    E: Email Contact

    Art Ettlinger, President & COO
    T: (604) 685-1964
    E: Email Contact

    Murray Black, Corporate Development
    T: (416) 361-2829
    E: Email Contact