Mr. Roger Dent reports

QUINSAM REPORTS Q3/2025 RESULTS

Quinsam Capital Corp. has released its third quarter of 2025 results, with net income of $100,000 (zero cents per share basic, zero cents fully diluted) versus net income of $1.2-million (one cent per share basic, one cent fully diluted) in Q3 2024. Investors can access the company's full financial statements on SEDAR+.

"While our performance was flat in the slower summer markets, we are optimistic at this point about Q4," said Roger Dent, chief executive officer. "Two of our largest private investments have announced transactions to list in Q4. While the transactions are not yet completed, Peninsula (now using the name RentX), our U.S. single-family rental investment, and Electro Metals, a Canadian mining company are both looking to fund at levels over our carrying values. In the fourth quarter to date, we have also seen increases in the trading prices of a number of our investments including Blumetric, Neoterrex, Royalties Inc. and City View Green (now pursuing crypto investments)," said Mr. Dent. "Of course, there is no certainty that the go-public transactions will occur or that share prices will remain strong.

"At Sept. 30, 2025, we continued to have net assets of approximately 10 cents per share outstanding," said Mr. Dent. "Our shares continue to trade at a very steep discount from NAV. We also note that the total of our more liquid investments (including cash, public equities and derivatives on public equities) is approximately six cents per share."

The search for a value creating transaction continues. The company anticipates that it may take some time to find a suitable, value-creating transaction. There have been relatively few companies undertaking new listings and its plan is to patiently wait for a high-quality transaction. Further announcements will be made on the status of such steps which are subject to all applicable shareholder and regulatory approvals.

Issuer bid

In Q3 2025, the company acquired no shares pursuant to its issuer bid to purchase up to 4.5 million of its common shares that commenced on Sept. 19, 2025, and will terminate on Sept. 18, 2026, or on an earlier date in the event that the number of common shares sought in the bid has been repurchased. Total purchases pursuant to this bid are nil shares.

Quinsam has repurchased and cancelled over 20 million shares since 2018 pursuant to its issuer bids.

Investor call

An investor call will be held at 10 a.m. Eastern Time on Friday, Nov. 14, 2025, by Zoom.

About Quinsam Capital Corp.

Quinsam is a merchant bank with a focus on small cap investments which it believes are undervalued. The company does not invest on behalf of third parties or offer investment advice.

Generally, Quinsam does not believe that individual investments are material events. Quinsam may choose to announce certain investments once the company has finished buying its position because the company feels that this information helps investors understand its decision-making process. Generally, the company does not announce the sale of investments.

We seek Safe Harbor.