Questcorp Mining Strengthens Advisory Board with New Appointment

Rhea-AI Summary

Questcorp Mining (OTCQB: QQCMF) appointed Amandip Singh to its Advisory Board to support exploration at the La Union Project in Mexico and development planning for the Vancouver Island Copper Property. Mr. Singh brings over 15 years of mineral exploration, capital markets and transaction experience, including a role in Newmont's US$311 million acquisition of GT Gold and participation in West Red Lake Gold Mines' Madsen Mine acquisition and a C$50 million financing.

The company also granted 4,400,000 incentive stock options: 2,400,000 vest immediately at an exercise price of $0.17, and the remainder vest in two equal tranches upon reaching market capitalizations of $75 million and $150 million; remaining options exercisable at $0.20 through January 26, 2031.

Positive

• Advisor Amandip Singh has 15+ years mining and capital markets experience
• Singh participated in a US$311 million acquisition of GT Gold
• Singh helped secure a C$50 million financing for West Red Lake Gold Mines
• 4,400,000 options align advisors and management with company performance

Negative

• 4,400,000 option grant could be dilutive to existing shareholders
• 1,? balance of options vest only upon reaching $75M and $150M market caps

Vancouver, British Columbia--(Newsfile Corp. - January 26, 2026) - Questcorp Mining Inc. (CSE: QQQ) (OTCQB: QQCMF) (FSE: D910) (the "Company" or "Questcorp") is pleased to announce that is has strengthened the Advisory Board with the appointment of Mr. Amandip Singh as an Advisor 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 US$311 million acquisition of GT Gold and more recently helped lead West Red Lake Gold Mines' transformation, including the acquisition of the Madsen Mine and a C$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 & CEO 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 4,400,000 incentive stock options (the "Options") to certain directors, officers, consultants and advisors in accordance with its incentive plan. 2,400,000 of the Options vest immediately and are exercisable at a price of $0.17 until January 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 $0.20 until January 26, 2031.

About Questcorp Mining Inc.

Questcorp Mining Inc. 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% interest in and to mineral claims totaling 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% interest in and to mineral claims totaling 2,520.2 hectares comprising the La Union Project located in Sonora, Mexico, subject to a royalty obligation.

Contact Information

Questcorp Mining Corp.

Saf Dhillon, President & CEO

Email: saf@questcorpmining.ca
Telephone: (604) 484-3031

This news release includes certain "forward-looking statements" under applicable Canadian securities legislation. Forward-looking statements are 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 statements. Such factors include, but are not limited to: general business, economic, competitive, political and social uncertainties, uncertain capital markets; and delay or failure to receive board or regulatory approvals. There can be no assurance that the geophysical surveys will be completed as contemplated or at all and that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/281553

FAQ

Who was appointed to Questcorp Mining's advisory board (QQCMF) on January 26, 2026?

Amandip Singh was appointed as an Advisor to Questcorp's board to support exploration and development efforts.

How many incentive stock options did Questcorp (QQCMF) grant on January 26, 2026?

The company granted a total of 4,400,000 incentive stock options to directors, officers, consultants and advisors.

What are the vesting and exercise terms of Questcorp's (QQCMF) January 26, 2026 option grant?

2,400,000 options vest immediately and are exercisable at $0.17; the remainder vest in two equal parts at $75M and $150M market caps and are exercisable at $0.20 until January 26, 2031.

What past transactions does Amandip Singh bring experience from to Questcorp (QQCMF)?

His background includes work on Newmont's US$311 million acquisition of GT Gold and involvement in the Madsen Mine acquisition and C$50 million financing at West Red Lake Gold Mines.

How might Questcorp's (QQCMF) option grant affect shareholders?

The 4,400,000 option grant may be dilutive if exercised, increasing the company’s outstanding shares upon exercise.