QRS Capital Corp. Closes Second Tranche of Private Placement

QRS Capital Corp. ("QRS" or the "Company") (TSX VENTURE:QRS) is pleased to
announce that it has closed the second tranche of its private placement
previously announced on April 11, 2013 (the "Private Placement"). The Company
has raised $445,000 through the issuance of 4,450,000 Units (the "Units") at a
price of $0.10 per Unit.


Each Unit consists of one common share and one half of one common share purchase
warrant (each whole warrant, a "Warrant"). Each such Warrant will entitle the
holder to purchase one common share of the Company at a price of $0.20 per
common share for a period of 60 months from the closing date of the Private
Placement. 


The closing of the second tranche brings the total raise to $685,000, of which
Directors and Management of QRS have subscribed for an aggregate of $175,000
issued pursuant to the Private Placement.


Securities issued under the Offering will be subject to a four month hold period
which will expire four months and one day from the date of closing date of the
Private Placement. The Private Placement is subject to final acceptance by the
TSX Venture Exchange and other customary conditions for a transaction of this
nature. 


On January 24th 2013, the Company announced that it had obtained an unsecured
loans from two arm's length parties in the aggregate amount of US$500,000. The
Company is pleased to announce that it has repaid $250,000 of these loans.


About QRS Capital Corp.

QRS is a Canadian publicly-listed mineral exploration and development company.
QRS' flagship Aurum property, a surface copper oxide project, is located 12km
from Teck Resources Ltd.'s El Relincho project. Management looks to leverage its
exploration and development expertise to bring additional resources and value to
shareholders. The Company is committed to upholding the highest environmental
and social standards while focusing on delivering the financial growth its
shareholders expect. 


ON BEHALF OF THE BOARD OF DIRECTORS

John Seaman, Chairman & CEO

CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION: This news release
includes certain information that may constitute "forward-looking information"
under applicable Canadian securities legislation. Forward-looking information
includes, but is not limited to, statements about future, exploration results
relating to the Aurum-Copper property, exploration plans for the Aurum-Copper
property and the exploration potential of the Aurum-Copper property.
Forward-looking information is necessarily based upon a number of estimates and
assumptions that, while considered reasonable, are subject to known and unknown
risks, uncertainties, and other factors which may cause the actual results and
future events to differ materially from those expressed or implied by such
forward-looking information, including the risks identified in the Company's
disclosure documents. There can be no assurance that such information will prove
to be accurate, as actual results and future events could differ materially from
those anticipated in such information. Accordingly, readers should not place
undue reliance on forward-looking information. All forward-looking information
contained in this press release is given as of the date hereof and is based upon
the opinions and estimates of management and information available to management
as at the date hereof. The Company disclaims any intention or obligation to
update or revise any forward-looking information, whether as a result of new
information, future events or otherwise, except as required by law.


Neither 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: 
Apex Capital Inc.
Brett Allan
416-907-4148
[e-mail]