Mr. Saf Dhillon reports

QUESTCORP MINING ANNOUNCES FLOW THROUGH OFFERING

Questcorp Mining Inc. will offer up to 5,769,231 flow-through units, at a price of 13 cents per flow-through unit, for gross proceeds of up to $750,000, by way of non-brokered private placement. Each flow-through unit will consist of one common share of the company, issued as a flow-through share within the meaning of the Income Tax Act (Canada), and one-half of one share purchase warrant. Each warrant will entitle the holder to purchase an additional common share of the company at a price of 20 cents for a period of 24 months.

The company anticipates the net proceeds raised from the offering will be used to conduct exploration of the company's North Island copper property, located on Vancouver Island, British Columbia.

The company may pay finders' fees to eligible parties that have assisted in introducing subscribers to the offering. All securities issued in connection with the offering will be subject to restrictions on resale for a period of four months and one day in accordance with applicable securities laws. Completion of the offering remains subject to receipt of regulatory approval.

Final-tranche closing

The company also announces that it has closed the final tranche of its previously announced non-brokered private placement and has issued a further 1,266,667 units, at a price of 15 cents per non-flow-through unit, for gross proceeds of $190,000. Each non-flow-through unit consists of one common share and one-half of one warrant.

No finders' fees were paid in connection with closing of the final tranche. All securities issued in the final tranche are subject to restrictions on resale until April 9, 2026, in accordance with applicable securities laws.

About Questcorp Mining Inc.

Questcorp Mining is engaged in the business of the acquisition and exploration of mineral properties in North America, with the objective of locating and developing economic precious and base metals properties of merit. The company holds an option to acquire an undivided 100-per-cent interest in and to mineral claims totalling 1,168.09 hectares comprising the North Island copper property, located on Vancouver Island, British Columbia, subject to a royalty obligation. The company also holds an option to acquire an undivided 100-per-cent interest in and to mineral claims totalling 2,520.2 hectares comprising the La Union project, located in Sonora, Mexico, subject to a royalty obligation.

We seek Safe Harbor.