QUANTUM INTERNATIONAL INCOME CORP. ANNOUNCES APPOINTMENT OF CHAD WILLIAMS AS CHAIRMAN

(Toronto: October 19, 2017)- Quantum International Income Corp. (the “Corporation” or “Quantum“) (TSXV: QIC) is pleased to announce that Chad Williams has been appointed as Chairman of the Board of Directors of Quantum, effective immediately.

Mr. Williams currently serves as a Director of the Corporation, and is the President and Chief Executive Officer of Red Cloud Klondike Strike Inc. Mr. Williams has over 20 years of experience in corporate finance and management, having previously held the positions of Chief Executive Officer of Victoria Gold Corp. and Head of Mining Investment Banking at Blackmont Capital Inc. Mr. Williams has been a Director of several emerging companies and was a founder of Agilith Capital Inc. as well as Westwind Capital Inc. Mr. Williams is a licensed P.Eng and holds an MBA from McGill University.

About Quantum International Income Corp.

The Corporation seeks opportunities to acquire and grow businesses in order to generate stable distributions for its shareholders, along with capital appreciation. The Corporation seeks to acquire operating businesses with a proven track record, an opportunity for growth and whose management wishes to continue to operate the business going forward. The Corporation’s investment approach is to grow through the acquisition of “platform” businesses that are consistent with its business strategy and acquisition criteria and then to continue to build revenues and earnings within these businesses. Potential acquisition targets may be private or public companies in a variety of industries. Acquisition of all or a majority of the ownership of each such business is preferred. Value will be created by seeking out high growth, high margin opportunities where the acquired businesses can maintain and develop the deep knowledge, expertise and understanding of their customers’ needs required to deliver superior service and command higher pricing and margins than the competition.

For more information about Quantum is available online at www.quantumincomecorp.com.

For further information please contact Quantum:

Hassan Ijaz

Controller

Tel. (416) 477-3419

hassan@quantumincomecorp.com

Stephanie Lippa

Office Manager

Tel. (416) 477-3411

stephanie@quantumincomecorp.com

 

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 news release.

Cautionary Statement Regarding Forward-Looking Information

This news release may contain forward-looking statements or “forward-looking information” within the meaning of applicable Canadian securities laws (“forward-looking statements“). Often, but not always, forward-looking statements can be identified by the use of words such as “plans”, “seeks”, “expects” or “does not expect”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates” or “does not anticipate”, or “believes”, or describes a “goal”, or variation of such words and phrases or state that certain actions, events or results “may”, “could”, “would”, “might” or “will” be taken, occur or be achieved.

These statements and information are subject to various known and unknown risks and uncertainties, many of which are beyond the ability of the Corporation to control or predict, and which may cause Quantum’s actual results, performance or achievements to be materially different from those expressed or implied thereby, including factors discussed in the Corporation’s most recent annual information form and management’s discussion and analysis, each of which is available on SEDAR under Quantum’s profile at www.sedar.com. Forward-looking information is developed based on assumptions about such risks, uncertainties and other factors set out herein, in the Annual Information Form, and as otherwise disclosed from time to time on SEDAR under Quantum’s issuer profile at www.sedar.com.

Unless otherwise specified in this release, information contained in this release is current as of the date of this release. Readers are cautioned against attributing undue certainty to forward-looking statements. The Corporation disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events, or otherwise, except in accordance with applicable securities laws.