Quinsam and Roger Dent Make Early Warning News Release

TORONTO, ONTARIO--(Marketwired - June 1, 2015) -

NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION BY ANY UNITED STATES NEWS DISTRIBUTION SERVICE

Roger Dent and Quinsam Capital Corporation (CSE:QCA) advise that on May 29, 2015, Roger Dent acquired direct ownership of 1,000,000 units (each unit consisting of one common share and one warrant) of Newlox Gold Ventures Corp. (CSE:LUX) at a price of $0.05 per unit. After giving effect to the purchase of units on May 29, 2015, Roger Dent owns, in the aggregate, 1,170,000 Newlox shares, representing approximately 2.4% of the Newlox shares outstanding.

In addition, Quinsam Capital Corp. (CSE:QCA), a public company of which Mr. Dent is CEO, owns $132,830 of Newlox convertible debentures, 500,000 Newlox shares and 3,000,000 Newlox warrants. Quinsam Capital Corp. and Roger Dent may be considered to be joint actors. The joint actors beneficially own, directly or indirectly, or exercise control or direction over, an aggregate of 1,670,000 Newlox Shares, representing approximately 3.4% of the Newlox shares issued and outstanding as at the date of this news release. On a partially diluted basis, assuming the exercise of all warrants and convertible debentures, the joint actors have the potential to own or control an aggregate of 6,990,300 Newlox shares, which would represent 12.9% of the shares on a partially diluted basis.

"We think that Newlox represents a very interesting investment opportunity," said Roger Dent, CEO of Quinsam Capital Corp. "Quinsam had a full position in Newlox so at this time it does not wish to acquire additional shares. However Newlox desired a very modest amount of cash to complete the commissioning of its gold mill in Costa Rica so I participated in this round, which was on the same terms as the last financing by Newlox."

Roger Dent and Quinsam Capital Corp. acquired the Newlox shares for investment purposes, and have no current intention to increase the beneficial ownership of, or control or direction over, securities of Newlox. These investments will be reviewed on a continuing basis and holdings may be increased or decreased in the future.

About Quinsam Capital Corporation

Quinsam is a merchant bank based in Canada. Our merchant banking business encompasses a range of activities including 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 see a viable plan for unlocking such value. We do not invest on behalf of any third party and we do not offer investment advice.

Generally, Quinsam does not believe that individual investments are material reportable events. Qunisam chooses to announce certain investments once the company is certain that it has finished buying its position because the Company feels that this information helps investors in Quinsam understand its investment decision making process. Generally, Quinsam does not announce the sale of investments.

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.