Quantum International Income Corp. Completes Acquisitions After Receiving Shareholder Approval and TSX Venture Exchange Conditional Approval

TORONTO, ONTARIO--(Marketwired - Sept. 2, 2014) -

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRES OR DISSEMINATION IN THE UNITED STATES

Quantum International Income Corp. ("QIIC" or the "Company") (TSX VENTURE:QIC.H) is pleased to announce that it has successfully completed the establishment of its strategic partnership with DGAT Partners, LLC ("DGAT"), the controlling entity of NYC Surgical Associates, through the establishment of Centers for Special Surgery, LLC ("CSS") a Delaware limited liability company jointly controlled by the Company and DGAT. The Company is also pleased to announce that CSS has, through its operating subsidiary Center for Special Surgery of Essex County, LLC, successfully acquired certain assets comprising the Roseland Ambulatory Surgery Center ("RASC"), one of the largest ambulatory surgery centers in New Jersey. Separately, the Company has also successfully completed its acquisition of a controlling stake in Multiple Media Entertainment Inc. ("MME"), a full-service media content and distribution company headquartered in Toronto, Ontario.

The establishment of CSS, acquisition of the RASC and acquisition of MME (collectively, the "Transactions"), which were previously announced in the Company's news releases of June 27, 2014 and August 8, 2014, will together constitute a "change of business" (within the meaning of the policies of the TSX Venture Exchange (the "Exchange")) and, subject to the receipt of final approval of the Exchange, will see the Company reactivated and graduate from a listing on the NEX board ("NEX") of the Exchange to a listing on the Exchange as a Tier 2 issuer. Full details of the Transactions may be found in the Company's Filing Statement, available on SEDAR at www.sedar.com.

The Company completed the Transactions after receiving (i) the conditional approval of the Exchange on August 27, 2014 and, (ii) the approval of a majority of the shareholders of the Company, which was obtained by way of written consent.

In connection with the completion of the Transactions, an aggregate of 18,440,128 subscription receipts of the Company, which were issued pursuant to concurrent brokered and non-brokered private placements completed in a series of tranches between August 11, 2014 and August 15, 2014 (the "Concurrent Financing") were converted, for no additional consideration, into an aggregate of 18,440,128 common shares of the Company. The Concurrent Financing was announced in June 27, 2014 and further described in the Company's news releases of August 11, 2014 and August 15, 2014. Full details on the Concurrent Financing may be found in the Company's Filing Statement, available on SEDAR at www.sedar.com. All common shares issued pursuant to the Concurrent Financing will be subject to a hold period expiring on the date that is four months and one day from the date of the issuance of the overlying subscription receipt. Concurrently with the conversion of the Company's subscription receipts to common shares, the Company paid a cash commission to Global Securities Corporation (the "Agent") equal to 6% of the aggregate gross proceeds of the brokered component of the Concurrent Financing. The Agent also received 897,450 options (the "Compensation Options") to purchase common shares of QIIC at an exercise price of $0.35 at any time prior to August 28, 2016. Certain other cash commissions and Compensation Options were paid to finders in connection with the non-brokered portion of the Concurrent Financing in amounts no more favourable than the compensation received by the Agent. The Company expects such finders to receive an aggregate cash commission of $47,790.59 and 136,544 Compensation Options.