MONTREAL, Feb. 5, 2015 /CNW Telbec/ - Quinto Real Capital Corporation (TSXV: QIT) ("Quinto" or the "Company") is pleased to announce that IAMGOLD Corporation ("IAMGOLD") provided today an update from ongoing exploration activities on the Monster Lake project located 50 kilometres southwest of Chibougamau, Quebec, Canada.
For a complete update, please read TomaGold Corporation's ("TomaGold") press release date that was issued today, February 5, 2015.
Quinto currently owns 10% of the Monster Lake property. Once IAMGOLD acquires its 50% interest, the interest of Quinto could be diluted such that Quinto will hold a 5% interest in the Monster Lake property.
This news release was reviewed and approved by Michael Curtis, President and Chief Executive Officer of Quinto.
About Quinto Real Capital Corporation
Quinto Real Capital Corporation is a Canadian-based mining exploration company focused on the exploration, evaluation and development of gold mining properties.
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 news release. Statements made in this news release that are not historical facts are "forward-looking statements" and readers are cautioned that any such statements are not guarantees of future performance, and that actual developments or results, may vary materially from those in these "forward-looking" statement.
SOURCE Quinto Real Capital Corporation
For further information: Michael Curtis, President and Chief Executive Officer, (514) 303-7895, www.quintocorp.com; Francois Kalos, SOLAK Communications, (514) 817-9987, [email protected]