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Quartz Commences Trading On The OTCQX Best Market Under The Symbol QZMRF Listing provides enhanced liquidity for investors - Next stage of drilling at Maestro planned for 2026

Exploration Programs Listings & Exchange

Quartz Commences Trading On The OTCQX Best Market Under

The Symbol QZMRF

Listing provides enhanced liquidity for investors - Next stage of drilling at Maestro

planned for 2026

VANCOUVER, BC / ACCESS Newswire / December 19, 2025 / Quartz Mountain

Resources Ltd. (TSXV:QZM) ("Quartz" or the "Company") is pleased to announce that its

common shares have been uplisted from the OTCQB® Venture Market ("OTCQB") to the

OTCQX® Best Market in the United States. The Company's shares are now trading on the

OTCQX under the symbol "QZMRF" , providing investors with enhanced liquidity in the US

public market, while Quartz will continue to maintain its primary listing on the TSX Venture

Exchange under the symbol "QZM" .

Bob Dickinson, Quartz's Chairman comments, "As Quartz continues to make strong

progress, the transition to the OTCQX® Best Market significantly improves accessibility for

U.S. investors at a time when our gold, silver and copper discoveries are gaining increasing

attention. The value we are building at Maestro in particular is illustrated by our most recent

drill results at the Prodigy zone. Three sequential phases of drilling have produced

impressive gold and silver results. Trading on the OTCQX will enhance liquidity by providing

current and future U.S.-based investors with a more transparent trading platform, while

increasing the Company's visibility and access for U.S. investors. This represents a

meaningful step forward as we broaden our reach in North America's largest capital

market. "

Quartz is committed to creating exceptional value for shareholders and the transition to the

OTCQX provides additional opportunities for U.S. investors. The Company expects to

support the OTCQX listing with an enhanced investor outreach program in 2026 in the U.S.

The Company recently reported assay results (News Release: November 3, 2025) from drill

programs conducted on its Maestro property located 15 km north of Houston, British

Columbia. Quartz is targeting exciting precious metal mineral systems that occur up to

several kilometers outboard of the large Lone Pine molybdenum deposit, all within the

extensive Maestro Property. The Company's phased drill programs are currently focused on

delineation drilling of its Prodigy Au-Ag-Mo-Cu discovery. Quartz's sequential drill programs

at Prodigy now total 8,346 meters across 13 holes. Quartz is funded to mobilize Phase 4

drilling in 2026 to continue further systematic delineation of Prodigy.

Shareholders of existing U.S. listed Quartz Mountain shares that were previously traded on

the OTCQB Venture Market will now trade on the OTCQX with no further action required by

shareholders. U.S. investors can find current financial disclosure and Real-Time Level 2

quotes for Quartz on www.otcmarkets.com.

The OTCQX Market is designed for established, investor-focused U.S. and international

companies. To qualify for OTCQX, companies must meet high financial standards, follow

best practice corporate governance, and demonstrate compliance with applicable

securities laws. Graduating to the OTCQX Market from the OTCQB Market marks an

important milestone for companies, enabling them to demonstrate their qualifications and

build visibility among U.S. investors.

About Quartz

Headquartered in Vancouver, Canada, Quartz Mountain Resources

(TSXV:QZM)(OTCQX:QZMRF) is a well- funded public company whose successful mine-

finding management team is focused on discovering and transacting important-scale gold,

silver and copper projects in British Columbia. The Company owns 100% of the Maestro

high grade gold-silver project and 100% of the Jake porphyry copper-gold-silver project.

Both projects are permitted by the British Columbia government for drilling activities with

access to infrastructure and high potential for the development of substantial resources for

significant future transactions.

Quartz is associated with Hunter Dickinson Inc. (HDI), a company with over 35 years of

successfully discovering, developing and transacting mineral projects in Canada and

internationally. Former HDI projects in British Columbia included Mount Milligan, Kemess

South and Gibraltar -- all of which are porphyry-copper ± gold deposits with current-

producing or former-producing mines. Recently, Amarc Resources, an HDI associate, with

funding from Freeport, announced the exciting discovery of the high grade AuRORA gold-

copper-porphyry deposit also in British Columbia. Other well-known projects with HDI

involvement include Sisson and Prosperity in Canada, Pebble and Florence in the United

States, and Xietongmen in China.

Quartz is committed to the advancement of important-scale, critical and essential mining

assets while following responsible mineral development principles, including a mandate to

employ best-practice approaches in the engagement and involvement of local

communities and meeting rigorous environmental standards.

Qualified Person

Farshad Shirmohammad, M.Sc., P .Geo., a "Qualified Person" within the meaning of

National Instrument 43-101 - Standards of Disclosure for Minerals Projects, who is not

independent of Quartz Mountain Resources Ltd., has reviewed and approved the scientific

and technical information contained in this news release.

On behalf of the Board of Directors

Robert Dickinson

Chairman

For further information, please contact:

Bob Dickinson

Email: [email protected] Ph: +1 604-684-6365

or:

Roger Blair

Email: [email protected] Ph: +1 604-351-0025

or

Jeff Wilson

Email: [email protected] Ph: +1 604-837-5440

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is

defined in the policies of the TSX Venture Exchange) accepts responsibility for the

adequacy or accuracy of this release. Cautionary Statement Regarding Forward-

Looking Information.

Cautionary Statement Regarding Forward-Looking Information.

This release includes certain statements that may be deemed "forward-looking-

statements" . All statements in this release, other than statements of historical facts are

forward-looking-statements. Although the Company believes the expectations expressed

in such forward-looking statements are based on reasonable assumptions, such

statements are not guarantees of future performance and actual results or developments

may differ materially from those in the forward-looking statements.

Assumptions used by the Company to develop forward-looking statements include the

following: the Company's projects will obtain all required environmental and other permits,

and all land use and other licenses, studies and exploration of the Company's projects will

continue to be positive, and no geological or technical problems will occur. Though the

Company believes the expectations expressed in its forward-looking-statements are based

on reasonable assumptions, such statements are subject to future events and third party

discretion such as regulatory personnel. Factors that could cause actual results to differ

materially from those in forward-looking statements include variations in market prices,

continuity of mineralization and exploration success, and potential environmental issues or

liabilities associated with exploration, development and mining activities, uncertainties

related to the ability to obtain necessary permits, licenses and tenure and delays due to

third party opposition, changes in and the effect of government policies regarding mining

and natural resource exploration and exploitation, and exploration and development of

properties located within Aboriginal groups asserted territories that may affect or be

perceived to affect asserted aboriginal rights and title, and which may cause permitting

delays or opposition by Aboriginal groups, continued availability of capital and financing,

and general economic, market or business conditions. Investors are cautioned that any

such statements are not guarantees of future performance and actual results or

developments may differ materially from those projected in the forward-looking

statements. For more information on the Company, and the risks and uncertainties

connected with its business, investors should review the Company's home jurisdiction

filings at www.sedarplus.ca and its filings with the United States Securities and Exchange

Commission at www.sec.gov

SOURCE: Quartz Mountain Resources Ltd.