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NL News 2024

Quinsam reports second quarter 2024 results page 1
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Quinsam reports second quarter 2024 results page 1

Toronto, Ontario–(Newsfile Corp. – August 27, 2024) – Quinsam Capital Corporation (CSE: QCA) (“Quinsam” or the “Company”) announces its Q2/2024 results, reporting a net loss of $0.5 million ($0.005 per share, $0.005 fully diluted) versus a net loss of $0.9 million ($0.009 per share, $0.009 fully diluted) in Q2/2023. Investors can access the Company’s full financial statements at sedarplus.ca.

“As of June 30, 2024, we had net assets of approximately $0.13 per share outstanding,” said Roger Dent, CEO. “Our shares continue to trade at a very steep discount to NAV. We also note that our total more liquid investments (including cash, public equity and derivatives on public equity) are in excess of $0.05 per share.”