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Berliner

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Berliner

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Wednesday, 08/08/2007 5:26:32 PM

Wednesday, August 08, 2007 5:26:32 PM

Post# of 265
Quinsam Capital... no success
Quinsam Capital Corporation provides update on LOI

VANCOUVER, Aug. 8, 2007 (Canada NewsWire via COMTEX News Network) --

Quinsam Capital Corporation (TSX-V: QCA) ("Quinsam" or the "Company") today announced that its previously announced Letter of Intent to obtain the right to earn a 51% interest in a number of exploration properties in the Democratic Republic of Congo ("DRC") was unlikely to be completed as certain conditions to completion of the LOI have not and are unlikely to be fulfilled.
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