Questcorp Mining has completed its first stage of share issuance.

Vancouver, British Columbia – Questcorp Mining Inc. (CSE: QQQ) (OTCQB: QQCMF) (FSE: D910) has raised a total of $2,100,050 by offering investors 14,000,334 shares in a completed first phase of a private placement. Each share includes a common share and half a warrant. The warrants grant the holder the right to purchase an additional share at a price of $0.20, valid until October 24, 2027. If the share price is at or above $0.50 for ten consecutive days, the warrants will accelerate.

The company plans to use this revenue for ongoing exploration and drilling work at the La Union Gold and Silver Project and for exploration work at the North Island Copper Mine.

The $2,000,000 portion of the first phase offering was allocated under a sharing agreement with corporate investor Sorbie Bornholm LP. This agreement establishes the company’s economic interest over twenty-four monthly payment periods. Upon payment, should the designated Base Price exceed $0.1949, the company could earn over 100% of the revenue, with no cap on additional revenue.

With the completion of the first phase, Questcorp Mining is preparing for the next phase, targeting a total revenue of $3,500,000. The remaining shares will be offered under special terms to accredited investors. The company plans to pay commissions to suitable third parties that direct subscribers during this phase. The completion of the final phase is subject to necessary regulatory approvals.

Questcorp Mining Inc. is engaged in the acquisition and exploration of mining properties in North America, focused on developing both precious and base metals. The company holds a 100% ownership interest in both the North Island Copper Mine projects and the La Union Project.

For more information, please contact Saf Dhillon, President & CEO. Email: saf@questcorpmining.ca, Phone: (604) 484-3031.