July 26, 2012 16:33 ET
LAVAL, QUEBEC--(Marketwire - July 26, 2012) - Quinto Real Capital Corporation (the "Corporation" or "Quinto") (TSX VENTURE:QIT.P) wishes to give an update on its qualifying transaction and concurrent private placement previously announced on November 9, 2011 regarding the VMM-17 oil block project (the "Qualifying Transaction"). The Qualifying Transaction approval process is ongoing as preliminary documentation has been filed with regulatory authorities and is presently being reviewed.
Since this press release, the following milestones were accomplished:
Management of both parties are fully committed in finalizing the Qualifying Transaction as soon as possible.
The Corporation will file the Technical Report on SEDAR once it has been reviewed by regulatory authorities.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
For Quinto Real Capital Corporation:Michael CurtisPresident and Chief Executive OfficerTelephone: (450) 681-7744
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