Mr. Bob Dickinson reports

OTC MARKETS GROUP WELCOMES QUARTZ MOUNTAIN RESOURCES LTD. TO OTCQX

Quartz Mountain Resources Ltd. has qualified to trade on the OTCQX Best Market. Quartz Mountain Resources upgraded to OTCQX from the OTCQB Venture Market.

"Trading on the OTCQX Best Market is a significant achievement for Quartz Mountain Resources as we continue to expand awareness and investor engagement in the United States. This upgrade increases the company's visibility and provides a streamlined avenue for U.S. investors to participate in our exploration successes and long-term growth strategy," said Bob Dickinson, chairman and director.

About Quartz Mountain Resources Ltd.

Headquartered in Vancouver, Canada, Quartz Mountain Resources is a well-financed public company whose successful mine-finding management team is focused on discovering and transacting important-scale gold, silver and copper projects in British Columbia. The company owns 100 per cent of the Maestro high-grade gold-silver project and 100 per cent of the Jake porphyry copper-gold-silver project. Both projects are permitted by the British Columbia government for drilling activities with access to infrastructure and high potential for the development of substantial resources for significant future transactions. Quartz is committed to the advancement of important-scale, critical and essential mining assets while following responsible mineral development principles, including a mandate to employ best-practice approaches in the engagement and involvement of local communities and meeting rigorous environmental standards.