Quia Provides Sample Results and Update

Quia Resources Inc. (TSX VENTURE:QIA) ("Quia" or the "Company") is pleased to
provide an update with respect to its Murdock Mountain phosphate acquisition and
other corporate developments. Highlights include:




--  Sample results have returned values as high as 29.28% P205; 
--  Roger Dent has been appointed to the Company's board of directors; 
--  Subject to final approval of the TSX Venture Exchange, Quia has
    completed the acquisition of an initial 10% interest in Nevagro LLC
    ("Nevagro"), the company that holds the accepted prospect permit
    application for the Murdock Mountain project; 
--  Quia and Foundation Opportunities Inc. ("FOI) have restructured their
    agreement such that Quia will acquire 2243734 Ontario Limited
    ("2243734"), which holds the option to earn a 65% interest in Nevagro,
    for one dollar ($1) and no further consideration. 



Sample Results

The following table presents a summary of selected grab samples taken from
within old trenches and surrounding areas along an approximate strike length of
3 kilometres:




Selected Sample Results Murdock Mountain                                    
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SAMPLE         P2O5      SAMPLE   P2O5      SAMPLE   P2O5      SAMPLE   P2O5
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DESCRIPTION       % DESCRIPTION      % DESCRIPTION      % DESCRIPTION      %
----------------------------------------------------------------------------
1041951       15.61     1042050  5.783     1042641  5.137     1042759  13.93
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1041954       5.803     1042553  6.269     1042642  10.83     1042761  5.516
----------------------------------------------------------------------------
1041956       6.726     1042581  7.477     1042648  6.585     1042762  5.259
----------------------------------------------------------------------------
1041960       6.134     1042582  5.638     1042650  5.024     1042775  6.412
----------------------------------------------------------------------------
1041970       6.723     1042583  5.938     1042659 10.465     1042776  9.136
----------------------------------------------------------------------------
1041973       5.922     1042587  14.22     1042660  10.49     1042777 14.065
----------------------------------------------------------------------------
1042002       6.943     1042596  8.277     1042663 16.305     1042779  21.92
----------------------------------------------------------------------------
1042026       6.116     1042616  8.421     1042669  10.95     1042780  6.216
----------------------------------------------------------------------------
1042038      13.775     1042617  12.59     1042677  11.53     1042783 11.585
----------------------------------------------------------------------------
1042039       12.91     1042620  7.601     1042679 11.525     1042785 14.225
----------------------------------------------------------------------------
1042040       19.23     1042621  11.51     1042685  7.908     1042787   23.1
----------------------------------------------------------------------------
1042041        19.5     1042622   8.04     1042686   23.2     1042788  25.79
----------------------------------------------------------------------------
1042042       20.78     1042623  6.358     1042717  5.305     1042789  22.19
----------------------------------------------------------------------------
1042043       19.32     1042627  6.418     1042731  15.27     1042799  25.71
----------------------------------------------------------------------------
1042044       19.48     1042628  5.992     1042750  9.609                   
----------------------------------------------------------------------------
1042045       26.08     1042629  5.333     1042753  9.663                   
----------------------------------------------------------------------------
1042046       22.53     1042632  6.495     1042754  3.764                   
----------------------------------------------------------------------------
1042047       6.564     1042635  29.28     1042755  9.337                   
----------------------------------------------------------------------------
1042048       7.648     1042640 10.285     1042757  10.03                   
----------------------------------------------------------------------------



Samples were taken by TIGREN Inc. and were assayed by XRF by ALS Minerals in
Reno, Nevada. A complete table summarizing all of the grab samples and a map can
be viewed at the following link: http://media3.marketwire.com/docs/918419.pdf


Yannis Banks, Quia's CEO, commented: "These results are very encouraging as they
demonstrate that we have high grade phosphate occurring in beds near surface
over a significant strike length of more than 3 kilometres. Furthermore, the
results from the northern area of the project, where the beds appear to be close
to surface and more flat lying, which is our current main area of interest, have
returned among the strongest results."


Mr. Banks continued: "It's important to keep in mind that this project is being
explored and developed for a direct application phosphate, meaning that the
crushed rock would be used as a direct fertilizer, rather than being processed
into a liquid fertilizer. As such, it should not be compared directly in terms
of grade or solubility characteristics with conventional phosphate projects,
which we don't believe accurately reflect the potential effectiveness of Murdock
Mountain phosphate as a direct application fertilizer. New science is emerging
about how mineral nutrients from direct application rock fertilizers are made
available to plants through the soil ecosystem, and it is based on this emerging
science and the particular characteristics of the Murdock Mountain phosphate
mineralization that we are excited to be developing this project and why we
think Quia is ahead of the curve."


New Director

Roger Dent has been appointed to the Board of Directors. Mr. Dent will replace
Rick Brown, who will step down from the board but continue on with the Company
in the capacity of Vice-President Business Development.


Mr. Dent is currently the CEO and a director of Quinsam Capital Corporation, a
publicly traded merchant bank. He has been involved in the Canadian financial
markets for over 25 years and has extensive experience in "small cap" evaluation
and investment. Most recently, he was a noted portfolio manager with Matrix Fund
Management Inc., where he guided the Matrix Small Companies Fund and the Matrix
Strategic Small Cap Fund. Previously, he was Vice Chairman of one of Canada's
largest independent investment dealers. He was formerly the #1 ranked Small Cap
Analyst according to the Brendan Wood institutional investor survey.


Mr. Banks commented: "Mr. Dent brings a wealth of capital markets, investment
and business experience to Quia and his addition significantly enhances our
team. I look forward to working with him and the other members of our board and
management to move our projects forward."


Acquisition of Initial Interest and Revised Agreement

Quia has completed the acquisition of an initial 10% interest in Nevagro LLC,
the company that holds the accepted prospect permit application for the Murdock
Mountain project by funding $102,000 towards technical work and permitting
requirements including the sampling reported above.


In addition Quia and Foundation Opportunities Inc. have revised their agreement
such that Quia will acquire 2243734 Ontario Limited ("2243734"), which holds the
option to earn a 65% interest in Nevagro, for one dollar ($1) and no further
consideration to FOI. Previously, as consideration for the acquisition, Quia had
agreed to issue to FOI 1 million post-consolidation shares (upon completion of a
ten for one share consolidation), as well as an additional 500,000
post-consolidation shares upon fulfillment of the option terms and an additional
500,000 post-consolidation shares upon commencement of production. Despite the
recommendation of the independent committee which negotiated the transaction and
considered the compensation to be fair, as well as conditional approval received
from the TSX Venture Exchange, Quia and FOI have mutually agreed to revise the
agreement to limit FOI's compensation to one dollar.


The transaction is a non-arm's length transaction as Yannis Banks is an insider
of both the Corporation and 2243734, as he is a shareholder of 2243734 and the
CEO and Director of Quia. In addition, a family trust whose beneficiaries are
the minor children of the Corporate Secretary and Director of Quia, is also a
shareholder of 2243734. Such participation is considered to be a "related party
transaction", as defined under Multilateral Instrument 61-101 ("MI 61-101"). The
transaction will be exempt from the formal valuation and minority shareholder
approval requirements of MI 61-101 as neither the fair market value of the
shares issued to or the consideration paid by such persons will not exceed 25%
of Quia's market capitalization.


Direction Forward

The Company recently met with the BLM in Elko, Nevada to restart the permitting
process for Murdock Mountain under Nevagro's prospect permit application which
will include the preparation of an environmental assessment, parts of which are
already in process. The Company plans to diligently advance the remaining
components of the environmental assessment with a view to submitting all the
required components to the BLM around the end of the second quarter of 2014. The
company is also in the process of designing its subsequent exploration program
based on the samples reported above.


The objective of the Company is to design an initial program to define a
resource sufficient to evaluate production at an annual rate of approximately
50,000 tons per year, and as such a short, focused program targeted at shallow
depths is envisioned. The Company's objective is to have completed its
exploration program by the end of 2014 and to have outlined a sufficient
resource to support the conceptual production objective, and to then enter into
the final permitting process to commence production in 2015. A feasibility study
has not been completed and there is no certainty the proposed operation will be
economically viable.


At the same time the Company is continuing to evaluate other complimentary
agromineral opportunities that fit within the Company's view that the
agricultural industry is at the early stages of a paradigm shift that recognizes
the importance of soil health to long term sustainable agriculture and that
fertilizers that contribute to overall soil ecosystem health and that are as or
more agronomically effective as conventional fertilizers, have the potential for
significant demand growth over the coming years.


The Company is also continuing to maintain its San Lucas gold asset which it
also views as an important asset for the Company.


Results of Annual General Meeting

Each of the director nominees proposed by management for election was elected to
the Board of Directors. The Directors were approved with the following
percentages:




Name of Nominee                    Percentage                              
Yannis Banks                       99.49%                                  
William Richard Brown              99.43%                                  
Iain Kelso                         99.14%                                  
Lewis Lawrick                      99.49%                                  
Paul Lin                           99.49%                                  
Dan Noone                          99.66%                                  
Adam Szweras                       99.17%                                  



At the meeting shareholders also approved the following resolutions:



--  To set the number of directors to be elected to the Board of Directors
    at seven; 
--  Re-appointment of Collins Barrow Toronto LLP as auditors for the ensuing
    year and authorizing the directors to fix their remuneration; 
--  Ratification, confirmation and approval of the Company's 10% rolling
    stock option plan; 
--  Approval for the Board to do a Share Consolidation as set out in the
    Management Information Circular as filed on SEDAR; 
--  Ratification and approval of the Debt Conversion. 



Financing

Quia intends to complete an offering ("Offering") for aggregate gross proceeds
of up to $500,000 consisting of up to 7,142,857 units ("Units") at a price of
$0.07 per Unit (on a post 10 for 1 consolidation basis).


Each Unit consists of one (1) common share of the Company (a "Common Share") and
one half (1/2) of one warrant ("Warrant"). Each full Warrant entitles the holder
to acquire one common share of the Company at a price of $0.10 per Common Share
for a period of 24 months from the closing date.


Finders will be entitled to a cash commission in the amount of 8% ("Finder's
Fee") of the gross proceeds received from the sale of the Units, and Finder's
Warrants ("Finder's Warrant") equal to 8% of the Units issued pursuant to the
Offering. Each Finder Warrant will be exercisable into Units at a price of $0.07
("Finder Warrant Exercise Price") exercisable at any time until 24 months from
the Closing Date.


The proceeds of the Offering will be used to fund permitting and exploration of
Murdock Mountain, maintenance of the Company's San Lucas property, and for debt
repayment and working capital purposes.


Iain Kelso, P.Geo., is the Qualified Person for the information contained in
this press release and is a Qualified Person within the terms defined by
National Instrument 43-101.


About Quia Resources Inc.

Quia Resources is a mineral exploration and development company which owns 100%
of the San Lucas gold project in Colombia and has an option to earn 65% of the
Murdock Mountain direct application phosphate project in Nevada.


Forward-Looking Statements

This press release contains or refers to forward-looking information, including
statements regarding completion of the acquisition of 2243734, completion of the
consolidation at Quia's upcoming meeting, exploration results, potential
mineralization, exploration plans and timing of the commencement of drilling,
and is based on current expectations that involve a number of business risks and
uncertainties. Factors that could cause actual results to differ materially from
any forward-looking statement include, but are not limited to, delays in
obtaining or failures to obtain required governmental, environmental or other
project approvals, failure to receive shareholder approval of the consolidation,
failure to receive TSXV approval of the acquisition of 2243734, political risks,
uncertainties relating to the availability and costs of financing needed in the
future, changes in equity markets, inflation, changes in exchange rates,
fluctuations in commodity prices, delays in the development of projects and the
other risks involved in the mineral exploration and development industry.
Forward-looking statements are subject to significant risks and uncertainties,
and other factors that could cause actual results to differ materially from
expected results. Readers should not place undue reliance on forward-looking
statements. These forward-looking statements are made as of the date hereof and
the Company assumes no responsibility to update them or revise them to reflect
new events or circumstances other than as required by law.


Neither the TSX Venture Exchange nor its Regulation Services Provider (as that
term is defined in the policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this release.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Quia Resources Inc.
Yannis Banks
Chief Executive Officer
[phone]
[e-mail]