TEMPE, AZ--(Marketwired - Aug 17, 2016) - Quantum Energy, Inc. (OTC PINK: QEGY), a diversified energy holding company,
is pleased to announce that it has engaged Casimir Resource Advisors, LLC (CRA) under a Strategic Services Agreement. CRA
introduced and advised Quantum on its recent acquisition of an opportunistic oil and gas project with approximately 3,000 acres
and 89 well bores in the Texas Panhandle along with an approximate 5% working interest in a heavy oil project in
Missouri. "We are encouraged by our new business relationship with Casimir Resource Advisors, LLC, an affiliate of an energy
investment bank headquartered in Greenwich, Connecticut, and appreciate their industry knowledge and experience," said Stan
Wilson, Quantum Chairman. "Casimir has introduced us to other similar large and promising acquisitions and we look forward
to solid growth and performance through this relationship," Wilson said.
Quantum continues its Bakken refinery development projects with ongoing permitting efforts in North Dakota and an increased
emphasis on a 40,000 bpd proposed project in the Stoughton area of Saskatchewan, Canada.
About Quantum Energy, Inc.
QUANTUM ENERGY, INC. is a development stage, publicly traded, diversified holding company. Quantum
places an emphasis in refinery development, land holdings, oil and gas exploration, drilling, well completion and fuel
distribution and has entered into a Strategic Alliance with Bilfinger Westcon (www.westconindustries.com) to develop multiple Energy Centers that include a 40,000
barrel per day full scale refinery within the Bakken. www.quantum-e.com
About Casimir Resource Advisors LLC
Casimir Resource Advisors, a natural resources consulting firm, provides technical due diligence, reserve analysis and
business consulting services to companies involved in the energy and mining sectors.
Safe Harbor Forward-Looking Statements
To the extent that statements in this press release are not strictly historical, including statements as to revenue
projections, business strategy, outlook, objectives, further milestones, plans, intentions, goals, future financial conditions,
future collaboration agreements, the success of the Company's development, events conditioned on stockholder or other approval,
or otherwise as to future events, such statements are forward-looking, and are made pursuant to the safe harbor provisions of the
Private Securities Litigation Reform Act of 1995. The forward-looking statements contained in this release are subject to
certain risks and uncertainties that could cause actual results to differ materially from the statements made.