TORONTO, ONTARIO--(Marketwired - March 20, 2014) -


Quantum International Income Corp. (formerly E.G. Capital Inc.) ("Quantum" or the "Company") (TSX VENTURE:QIC.H) is pleased to announce the successful completion of its non-brokered private placement ("Private Placement") of units ("Units") and subscription receipts ("Subscription Receipts") of the Company for aggregate gross proceeds, in cash and non-cash consideration, equal to $1,160,000. The Private Placement was previously announced on June 18, 2013 and additional details were announced on March 14, 2014.

21,200,000 Units were sold at a price of $0.05 per Unit for gross cash proceeds of $1,060,000. Each Unit is comprised of one common share in the capital of the Company ("Unit Shares") and one common share purchase warrant ("Warrants"). Each Warrant will entitle the holder thereof to purchase one common share of the Company at a price of $0.10 per common share for a period of 12 months after the date of the issue of the Warrants. In addition, 2,000,000 Subscription Receipts were sold at a deemed price of $0.05 per Subscription Receipt, for which the Company accepted non-cash consideration at a deemed value of $100,000. Further details on the Units and Subscription Receipts may be found in the Company's March 14, 2014 news releases. Certain parties received finder's fees in connection with the Private Placement in the amount of $22,200, of which $18,000 was paid through the issuance of additional common shares.

The Unit Shares, Warrants and Subscription Receipts issued pursuant to the Private Placement are subject to a four month hold period in Canada.

About Quantum

Quantum International Income Corp. intends to seek opportunities to acquire and grow businesses in order to generate stable distributions for its shareholders, as well as to achieve overall capital appreciation. The Company will seek to acquire operating businesses with a proven track record, an opportunity for growth and whose management wishes to continue to operate the business going forward.

The Company's investment approach will be to grow through the acquisition of "platform" businesses that are consistent with its business strategy and acquisition criteria and then to continue to build revenues and earnings within these businesses. Potential acquisition targets may be private or public companies in a variety of industries, thereby allowing for diversification. Acquisition of all or a majority of the ownership of each such business is preferred. Value will be created by seeking out high growth, high margin opportunities where the acquired businesses can maintain and develop the deep knowledge, expertise and understanding of their customers' needs required to deliver superior service and command higher pricing and margins than the competition.

Note Regarding Forward Looking Information

Certain information in this news release constitutes forward-looking information under applicable securities law. Any statements that are contained in this news release that are not statements of historical fact may be deemed to be forward-looking information. Forward-looking information is often identified by terms such as "may", "should", "anticipate", "expect", "intend" and similar expressions. Forward-looking information in this news release include, but are not limited to, information with respect to the completion Company's business strategy and related transactions. Forward-looking information necessarily involve known and unknown risks, including, without limitation, risks that required regulatory approval are not obtained on terms satisfactory to the parties and required conditions are not met; inability to access sufficient capital from internal and external sources, and/or inability to access sufficient capital on favourable terms; industry and government regulation; changes in legislation, income tax and regulatory matters; the ability of Quantum to implement its proposed corporate strategy; competition; currency and interest rate fluctuations; and other risks. Readers are cautioned that the foregoing list is not exhaustive.

Readers are further cautioned not to place undue reliance on forward-looking information as there can be no assurance that the plans, intentions or expectations upon which they are placed will occur. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated. The forward-looking information in this news release is based on certain key expectations and assumptions made by Quantum, including expectations and assumptions concerning its business strategy and the satisfaction of other conditions to the completion of any related transactions. Forward-looking information contained in this news release is expressly qualified by this cautionary statement.

The forward-looking statements contained in this press release are made as of the date hereof and Quantum undertakes no obligation to update publicly or revise any forward-looking statements or information, whether as a result of new information, future events or otherwise, unless so required by applicable securities laws.

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.

Contact Information:

Quantum International Income Corp.
Grant White
Chief Executive Officer

Quantum International Income Corp.
Manu Sekhri