Quinto Announces Corporate Update

MONTREAL, Dec. 21, 2018 (GLOBE NEWSWIRE) -- Quinto Resources Inc. (TSXV: QIT) (“Quinto” or the “Corporation”) announced the appointment of two new directors to its Board of Directors. The Honourable Christian Paradis, former Member of the Parliament of Canada and Carol Breton, Professional Chartered Accountant, have joined Quinto’s board. Simultaneously with their appointment to the Corporation’s Board of Directors, Luisa Moreno and Jean-Guy Masse stepped down from the Board.

Recognized as a results-driven figure, the Honourable Christian Paradis was Member of the Parliament of Canada for the Mégantic-L’Érable from 2006 to 2015, and Cabinet Minister between 2008 and 2015, of Public Works and Government Services, Natural Resources, Industry and International Development and  La Francophonie.

During his years in office, the Honourable Christian Paradis played a leadership role with his involvement in developing and pushing on blended finance for international development. He did not seek a fourth mandate and he joined GardaWorld in January 2016 as Senior Vice President, Strategic Development, Protective Services.

He graduated from the University of Sherbrooke in civil law and holds a graduate degree in corporate law from Université Laval. He has been member of Quebec Bar since 1997.

The Honourable Christian Paradis is member of the Queen’s Privy Council for Canada since 2007 and he is recipient of the Queen Elizabeth II’s Diamond Jubilee Medal (2012). He is a member of the Boards of Directors of the Chamber of Commerce of Canada and Canada World Youth.

Carol Breton graduated from University Laval and is a Professional Chartered Accountant. He was Vice-President Finance and treasurer of Sico Paint from 1977 to 1987 and president of different companies such as Progicar Canada Inc., Bureau-Spec Inc., and Mecan-Hydro Inc. He is currently president of Location d’Équipements des Cantons de l’Est and vice-chair of the board of directors of Groupe Loutec and Lougesco Inc.

Quinto further announced the resignation of Michael Curtis as President and CEO, while he remains as a director. The Board of Directors appointed Carol Breton as new President and CEO.

“We welcome Christian Paradis and Carol Breton to our Board of Directors,” said Philippe Frère, chairman of the Board of Directors. “Both bring years of relevant regulatory and board-level experience to Quinto. We look forward to their contributions and believe their combined backgrounds and business insights will be valuable.”

About Quinto Resources Inc.

Quinto Resources Inc. (TSX-V: QIT) is a Canadian gold exploration Corporation. It owns a 5% interest in the Monster Lake property (IAMGOLD: 50%/TomaGold: 45%) in Québec, Canada.

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