Mr. Saf Dhillon reports

QUESTCORP MINING STRENGTHENS ADVISORY BOARD WITH NEW APPOINTMENT

Questcorp Mining Inc. has strengthened the advisory board with the appointment of Amandip Singh as an adviser to the board.

Mr. Singh brings over 15 years of experience spanning mineral exploration, capital markets, and strategic transactions. He played a key role in Newmont's $311-million (U.S.) acquisition of GT Gold and more recently helped lead West Red Lake Gold Mines' transformation, including the acquisition of the Madsen mine and a $50-million financing. His background also includes senior roles at Outcrop Silver, Apollo Silver and Magna Gold as well as experience as a mining analyst and exploration geologist.

"Having the depth of technical experience and business acumen that Amandip brings will significantly strengthen our team as we advance our exploration efforts in Mexico at the La Union project and work toward a development plan for our Vancouver Island copper property," stated Saf Dhillon, president and chief executive officer of Questcorp. "We are proud to welcome someone of Amandip's calibre to our growing company."

Incentive stock option grant

The company also announces that it has granted 4.4 million incentive stock options to certain directors, officers, consultants and advisers in accordance with its incentive plan. Of the options, 2.4 million vest immediately and are exercisable at a price of 17 cents until Jan. 26, 2031. The balance of the options vest in two equal parts, when the company reaches a market capitalization of $75-million and $150-million and are exercisable at a price of 20 cents until Jan. 26, 2031.

About Questcorp Mining Inc.

Questcorp Mining is engaged in the business of the acquisition and exploration of mineral properties in North America, with the objective of locating and developing economic precious and base metals properties of merit. The company holds an option to acquire an undivided 100-per-cent interest in and to mineral claims totalling 1,168.09 hectares comprising the North Island copper property on Vancouver Island, British Columbia, subject to a royalty obligation. The company also holds an option to acquire an undivided 100-per-cent interest in and to mineral claims totalling 2,520.2 hectares comprising the La Union project located in Sonora, Mexico, subject to a royalty obligation.

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