Quia Resources Inc. Announces a Share Consolidation

Quia Resources Inc. (TSX VENTURE:QIA) (the "Company" or "Quia") announces that,
at its annual and special general meeting held on November 21, 2013,
shareholders approved the consolidation of the Company's issued and outstanding
common shares at a ratio of 10 old shares for 1 new share (the "Share
Consolidation").


As of the opening of trading on June 10th, 2014, the Company's share capital
will begin trading on a post-consolidated basis under the same stock symbol:
QIA. Quia has filed the Letter of Transmittal on www.sedar.com on October 31,
2013; it is available on Quia's web site at www.quiaresources.com and for the
convenience of its shareholders has included a link below:
http://media3.marketwire.com/docs/QuiaLetterTransmittal.pdf. 


The letter of transmittal describes the process by which shareholders may obtain
new certificates representing their consolidated common shares. Shareholders are
requested to deliver original old share certificates along with the completed
Transmittal letter by courier or in person to EQUITY FINANCIAL TRUST COMPANY,
200 University Avenue, Suite 300, Toronto, Ontario M5H 4H1; Attention: Investor.
Shareholders who hold their shares through a broker or other intermediary and do
not have shares registered in their name will not need to complete a letter of
transmittal. No fractional shares will be issued under the share consolidation,
and any fraction will be rounded to the nearest whole number. Following the
consolidation, Quia will have 18,167,151 common shares issued and outstanding
(excluding the debt settlements and debenture financings previously announced by
the Company in press release dated June 4th, 2014. All outstanding options and
warrants of the Company will be adjusted accordingly to reflect the share
consolidation.


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. The Company is
also actively evaluating additional business opportunities, primarily in the
agromineral sector. 


Forward-Looking Statements

This press release contains or refers to forward-looking information 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, 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]