Quinsam Capital Corporation terminates Churn option

    VANCOUVER, June 11 /CNW/ - Quinsam Capital Corporation (TSX-V: QCA)
("Quinsam" or the "Company") today announced that it has terminated its option
to acquire the Churn property in southwestern British Columbia and that
Quinsam will no longer have any interest in the property.

    The Exchange has neither approved nor disapproved the contents of this
    press release.

    %SEDAR: 00020657E

For further information:

For further information: Roy Zanatta, President, Quinsam Capital
Corporation at (604) 224 0460 or rzanatta@quinsamcapital.com

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