QMC Quantum Minerals Corp. Closes second Tranche of Private Placement

November 18, 2016 Vancouver, British Columbia: QMC Quantum Minerals Corp., (TSX.v: QMC) (FSE: 3LQ) (OTC PINK: QMCQF) (“QMC” or "the Company"), has closed the second tranche of its previously announced non-brokered private placement and issued 2.2 million units at five cents per unit for gross proceeds of $110,000. Each unit consists of one common share and one-half of one common share purchase warrant. Each whole warrant will entitle the holder to acquire one additional common share at an exercise price of 10 cents for a period of 12 months from closing of the financing. All securities issued pursuant to this private placement will be subject to a four-month hold period from the issuance date

The Company intends to use the net proceeds from the private placement for working capital, advancing its projects and general corporate purposes.

The Company expects to close additional tranches in the near future and will provide updates as they become available.

About the Company

QMC is a British Columbia based company engaged in the business of acquisition, exploration and development of resource properties. Its objective is to locate and develop economic precious, base metal and resource properties of merit. The Company’s properties include the Cat Lake Lithium Property (the former Irgon Mine), two VMS properties, the Rocky Lake and Rocky-Namew known collectively as the Namew Lake District Project, and the Carrot River Gold Property. Currently, all of the company’s properties are located in Manitoba.

On behalf of the Board of Directors of

QMC QUANTUM MINERALS CORP.

“Balraj Mann”

Balraj Mann

President and Chief Executive Officer

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.

Suite 600 - 666 Burrard Street, Vancouver, British Columbia V6C 2X3 Tel: (604) 601-2018 I email: [email protected] I web: www.qmcminerals.com