QRS Capital Corp. Signs Production MOU at Aurum

QRS Capital Corp. ("QRS" or the "Company") (TSX VENTURE:QRS) is pleased to
announce that it has signed a memorandum of understanding ("MOU") with Compania
Minera Algarrobo Limitada ("CMA") regarding the potential short term
exploitation of minerals on mining concessions comprising the Tobaco-Carmen
deposit located at its Aurum Copper Project in the Atacama Region of Chile. The
concessions form part of the property which has been optioned to QRS by CMA
pursuant to an option agreement dated February 17, 2013 (the "Option
Agreement").


Recent exploration by QRS has established a 7 km long anomalous geophysical
trend (the Western Exploration Trend) that has exploration potential for
additional copper mineralization. Central to this feature is the known
Tabaco-Carmen copper resource (SRK January 25, 2007 Technical Report) that CMA
and QRS consider to represent a near term production opportunity that if
realized, would complement the efficacy of QRS exploration effort and provide
mutual benefit to both parties.


CMA and QRS have therefore agreed to evaluate the potential to develop the
Tobaco-Carmen resource into an economically viable mining operation (the "Carmen
Mining Project"). The key parameters by which QRS and the CMA will cooperate in
the Carmen Mining Project are summarised as follows:




--  QRS and CMA intend to negotiate a definitive agreement reflecting the
    terms of the MOU. 
--  Under the Option Agreement, QRS will continue to carry out the necessary
    exploration work to expand the existing resource estimate. 
--  The parties will evaluate the viability of exploiting the shallow copper
    oxide mineralization within the Tobaco-Carmen copper resource by means
    of an open pit mining and heap leach operation with on-site solvent
    extraction and electrowinning (SXEW) cathode copper production
    facilities. 
--  The area being considered for exploitation will be limited to those
    mining concessions owned by CMA and which form part of the larger Aurum
    Copper Project claims currently under option to QRS pursuant to the
    Option Agreement. 
--  The MOU grants QRS the right to contract an external and independent
    engineering firm to carry out a preliminary economic study of the Carmen
    Mining Project. 
--  Pursuant to the MOU, the production quantity will be limited to not more
    than 3.75 million tonnes of mineralized material over a 5-year period.
    The reader is cautioned that the foregoing figures are terms of the MOU
    only and are in no way intended to be indicative of the economic or
    production potential of the Carmen Mining Project. 
--  QRS will be responsible for all costs and any environmental liabilities
    associated with the design, permitting, construction, operation and
    closure of all production facilities and associated infrastructure. 
--  The profit sharing plan provides for the payment to QRS an
    administrative and management fee of 10% of the EBITDA (net profits) of
    the Carmen Mining Project. 
--  QRS also agrees to invest 90% of the profits generated by the Carmen
    Mining Project in the exploration programs set forth in the current
    Option Agreement. 
--  CMA will only share in profits and earnings, but will not share in
    losses or cash requirements necessary to keep the operation solvent. 
--  The MOU does not alter the obligations of QRS set out in the Option
    Agreement.



A production decision with respect to the Carmen Mining Project has not been
made by QRS. The execution of the definitive agreement with CMA is subject to
all required corporate and regulatory approvals.


QRS's President Diego Benalcazar stated, "Signing this MOU with CMA
significantly advances our business plan towards a tangible stage. The potential
opportunity to develop a medium scale copper production and generate cash
leverages our opportunities to aggressively explore and discover significant
additional resources within the limits of Aurum's copper belts."


About QRS Capital Corp.

QRS Capital (TSX VENTURE:QRS) is a Canadian publicly-listed mineral exploration
and development company actively exploring copper, gold, and silver properties
within Latin America, particularly in Chile. QRS Capital's flagship Aurum
property, which is an at surface copper oxide project, is located 12km from Teck
Resources El Relincho project. Management looks to leverage its exploration and
development expertise to bring additional resources and value to shareholders
and to reduce exploration risk and expense through its advancement of
small-scale production. The company is committed to upholding the highest
environmental and social standards while focusing on delivering the financial
growth its shareholders expect.


About Compania Minera Algarrobo Limitada.

Compania Minera Algarrobo Limitada is a Chilean Mining Company (RUT 76056543-1)
currently holding the rights for the Anisillo 1/10 ROL 033040052-8 and Primavera
1/51 ROL 033040093-5 exploitation Mining Concession Titles. The Anisillo and
Algarrobo concessions hold the Carmen-Tabaco published copper resource and make
up part of the Aurum Group of concessions described in previous QRS news
releases, which are publicly filed on SEDAR at www.sedar.com.


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, the exploration potential of the Aurum-Copper property, future
exploitation and development plans for the Carmen Mining Project and the
completion of a definitive agreement with Compania Minera Algarrobo Limitada.
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.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Apex Capital Inc.
Brett Allan
[phone]
[e-mail]