Mr. Roger Dent reports

QUINSAM ANNOUNCES Q2/2026 RESULTS

Quinsam Capital Corp. has released its Q2 2026 results, with net income of $400,000 (0.4 cent per share basic, 0.4 cent fully diluted) versus a net loss of $200,000 (0.2 cent per share basic, 0.2 cent fully diluted) in Q2 2025. Investors can access the company's full financial statements on SEDAR+.

"Q2 was a positive quarter for Quinsam, with a number of our companies performing well, including EDM Resources and Deep Sea Minerals," said Roger Dent, chief executive officer.

"We expect to see our investment in Peninsula Capital Corp. go public through a direct listing in Canada, with trading expected in August. This event should move over one cent per share from our private portfolio to our public portfolio. Go public transactions have also been announced by Pelican Canada, Bon Intelligence and Longview Gold."

"At June 30, 2026, we had net assets 12.4 cents per share outstanding," said Roger Dent, chief executive officer. "Our shares continue to trade at a very steep discount to NAV. We also note that the total of our more liquid investments (including cash, public equities and derivatives on public equities) is well over six cents per share."

The search for a value creating transaction continues. The company anticipates that it may take some time to find a suitable, value-creating transaction. The company's plan is to patiently wait for a high-quality transaction. Further announcements will be made on the status of such steps which are subject to all applicable shareholder and regulatory approvals.

Issuer bid

In Q2 2026, the company acquired 983,000 shares pursuant to its issuer bid to purchase up to 4.5 million of its common shares that commenced on Sept. 19, 2025, and will terminate on Sept. 18, 2026, or on an earlier date in the event that the number of common shares sought in the bid has been repurchased. Total purchases pursuant to this bid are 983,000 shares.

Quinsam has repurchased and cancelled over 20 million shares since 2018 pursuant to its issuer bids.

Investor call

An investor call will be held at 11 a.m. Eastern Time on Monday, Aug. 17, 2026, by Zoom.

About Quinsam Capital Corp.

Quinsam is a merchant bank with a focus on small-cap investments which it believes are undervalued. The company does not invest on behalf of third parties or offer investment advice.

Generally, Quinsam does not believe that individual investments are material events. Quinsam may choose to announce certain investments once the company has finished buying its position because we feel that this information helps investors understand the company's decision making process. Generally, Quinsam does not announce the sale of investments.

We seek Safe Harbor.