Update on Quinto's Annual and Special Shareholders' Meeting

MONTREAL, Nov. 26, 2014 /CNW Telbec/ - Quinto Real Capital Corporation (TSXV: QIT) ("Quinto" or the "Company") confirms that at its annual and special shareholders meeting held on last September 25, the shareholders voted at the majority in favour of all the resolutions set out in the management proxy circular, including re-election of members of the Company's Board of directors, consisting of Marcel Bergeron, Michael Curtis, Philippe Frère and André Goguen. The shareholders have also voted at the majority in favour of the appointment of the auditors, Pétrie Raymond LLP.

The Company also confirms the renewal of its rolling stock option plan (the "Plan") by its shareholders at the last annual and special shareholders meeting held on last September 25. Pursuant to the Plan, the Company may grant options to directors, officers, employees of, and consultants to, the Company, provided that the total number of common shares of the Company issued under the Plan shall not exceed 10% of the number of common shares outstanding at the time of the grant of option. The exercise price cannot be lower than the closing market price of the Company's common shares on the last trading day prior to the issuance of options, less any discount allowed, and subject to a minimal price of $0.05. Stock options under the Plan are exercisable for a period no longer than 10 years and the exercise price must be paid in full upon exercise of the option.

About Quinto Real Capital Corporation

Quinto Real Capital Corporation is a Canadian-based mining exploration company focused on the exploration, evaluation and development of gold mining properties with a view to commercial production.                                                               

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SOURCE Quinto Real Capital Corporation