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CFL

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Share Name Share Symbol Market Type
TSXV:CFL TSX Venture Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0 -

Quinsam Capital Invests in CERF Incorporated, NTG Clarity Networks Inc., Questor Technology Inc., and Titan Logix Corp.

03/12/2013 1:00pm

Marketwired Canada


Quinsam Capital Corporation (CNSX:QCA) ("Quinsam or the "Company") is pleased to
update shareholders on its November activities. November was the first month of
operation under its new management team led by fund manager Roger Dent. 


Following the closing of its private placement on November 18, Quinsam Capital
has commenced to selectively deploy funds into investments where Quinsam sees
strong value and growth potential. The company has purchased positions in four
companies: CERF Incorporated ("CFL"), NTG Clarity Networks Inc. ("NCI"), Questor
Technology Inc. (QST), and Titan Logix Corp. (TLA). 


CERF is in the equipment rental business (the "Equipment Rental Segment") and
the waste management business (the "Waste Management Segment") in Alberta. The
Equipment Rental Segment includes the rental of residential, commercial and
industrial construction related equipment including sales and service of
equipment. It also includes the rental and sale of equipment to the drilling and
service sectors of the oil and natural gas industry. The Waste Management
Segment consists of complete waste facility management (six landfill sites in
central Alberta) including waste facility design and construction services,
recycling management and collection services, and consulting services. The Waste
Management Segment also consists of waste removal and disposal from commercial,
industrial and residential customers. We purchased shares immediately after the
company reported strongly-improved third quarter results. 


NTG Clarity's vision is to be a global leader in providing networking solutions.
 NTG has experienced a 102% increase in revenues during the first nine months of
2013 with net income growth of 458% to $1.8 million or $0.06 per share. The
Company's earnings for the third quarter of 2013 alone were $784,669 or $0.025
per share. NTG also has a stable balance sheet with positive working capital of
$3.9M or $0.12 per share and minimal long-term debt. Management is confident
that the Company's strong growth rates in both revenues and earnings will
continue into the New Year. One of the main reasons for the strong growth in
2013 to-date has been a renewed international focus on state-of-the-art
technology and networking capabilities. Mobile applications have been the
fastest growing technology trend with NTG's mobile application development being
increasingly chosen as a leading product in these markets.  


Questor designs and manufactures high efficiency waste gas incinerators for sale
or for use on a rental basis and also provides combustion-related oilfield
services. The Company's proprietary incinerator technology destroys 99.99% of
noxious or toxic hydrocarbon gases which ensures regulatory compliance,
environmental protection, public confidence and reduced operating costs for
customers. The technology creates an opportunity to utilize the heat generated
from efficient combustion. Questor is recognized for its particular expertise in
the combustion of sour gas. In recent quarters, Questor has been reporting sharp
increases in revenue and profit as its technology gains acceptance in the
marketplace.


TLA is a high technology company specializing in research and development,
manufacturing and marketing of advanced technology fluid management solutions.
TLA's products include guided wave radar gauges for level measurement and
overfill prevention (particularly for use in mobile tanker applications), level
gauges for storage tanks, burner management for oilfield heaters, and
communication systems for remote alarming and control. The products are
currently used in the oil and gas, waste fluid collection, chemical and aviation
industries. These technologies and their derivatives under development are
applicable to a variety of additional markets which TLA plans to expand into at
the appropriate time. A common practice in many of these markets is the use of
manual methods for measurement and control. Due to safety considerations, the
rising cost of many fluids, awareness and concerns about the environment and
technological advancements enabling better operational efficiencies, TLA is
experiencing an increased demand for our advanced technology products. TLA
anticipates this demand will continue as we pursue expansion into other markets.


About Quinsam Capital Corporation 

Quinsam is a merchant bank based in Canada. Our merchant banking business
encompasses a range of activities including acquisitions, advisory services,
lending activities and portfolio investments. Quinsam invests its capital for
its own account in assets, companies or projects which we believe are
undervalued and where we have a viable plan for unlocking such value. We do not
invest on behalf of any third party, and do not offer investment advice. 


This press release may contain forward-looking statements relating to
anticipated future events, results, circumstances, performance or expectations
that are not historical facts but instead represent our beliefs regarding future
events, which are inherently uncertain. Forward-looking statements can often,
but not always, be identified by forward-looking words such as "anticipate",
"believe", "continue", "expect", "goal", "plan", "intend", "estimate", "may",
"project", "predict", "potential", "target", and "will" or similar words
suggesting future outcomes, or other expectations, beliefs, plans, objectives,
assumptions, intentions or statements about future events or performance. 


By their nature, forward-looking statements require us to make assumptions which
include, among other things, that (i) Quinsam will have sufficient capital under
management to effect its business strategies, (ii) the business strategies will
produce the results intended by Quinsam, and (iii) the markets will react and
perform in a manner consistent with the business strategies. 


Forward-looking information involves known and unknown risks, uncertainties and
other factors that may cause actual results or events to differ materially from
those anticipated in such forward-looking information. The Company believes that
the expectations reflected in the forward-looking information are reasonable but
no assurance can be given that these expectations will prove to be correct. Some
of the risks and other factors that could cause actual results to differ
materially from those expressed in forward-looking information expressed in this
press release include, but are not limited to: market and general economic
conditions, interest rates, regulatory and statutory developments, the nature of
the Company's investments, the available opportunities and competition for
investments, the concentration of the Company's investments in certain
industries and sectors, reliance on key personnel, risks affecting the Company's
investments, management of the growth of the Company, and exchange rate
fluctuations. Readers are cautioned that the foregoing list of risks and factors
is not exhaustive. Although the Company has attempted to identify important
factors that could cause actual events or results to differ materially from
those described in forward-looking information, there may be other factors that
cause events or results to differ from those intended, anticipated or estimated.



The forward-looking information contained herein is provided as at the date of
the date of this press release, based upon the opinions and estimates of
management and information available to management as at the date of this press
release. The Company does not undertake and specifically disclaims any intention
or obligation to update or revise any forward-looking information, whether as a
result of new information, future events or otherwise, unless required by
applicable law. Readers are cautioned not to place undue reliance on
forward-looking information contained in this press release.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Quinsam Capital Corporation
Eric Szustak
President
(905) 330-7948
eric@quinsamcapital.com


Quinsam Capital Corporation
Roger Dent
CEO
(647) 993-5475
roger@quinsamcapital.com

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