THUNDER BAY, ONTARIO–(Marketwire – June 13, 2011) – QRS Capital Corp. (“QRS” or the “Company“) (TSX VENTURE:QRS) announces the results of its 2011 annual and general meeting of shareholders held in Toronto, Ontario on June 8, 2011.

Election of Directors and Appointment of Auditors

At the meeting, the shareholders of the Company approved all resolutions put before them by management, including the election of directors and the re-appointment of Grant Thorton LLP as external auditors of the Company. The returning board members are John Seaman, Diego Bencalczar, David Seaman, Paul Roberts and James Rogers. The Company further advises that Robert Sedgemore and Andres Romo Leroux were elected to the board of directors.

Mr. Sedgemore has over 25 years of international operating and project experience in senior management positions for engineering, procurement and construction management companies and junior exploration and mining operations. Currently CEO for Cuoro Resources Corp. and previously Mr. Sedgemore was working with the International Finance Corp. (IFC), the private sector of World Bank as the senior industry mining specialist providing technical and economic valuation on global mining investments. Past experience includes chief engineer for Zaldivar, a Placer Dome operation, and chief engineer for BHP at Minera Escondida, the world’s largest copper mine, where he was involved in several brownfield expansion projects with project values in excess of $1-billion (U.S.).

Mr. Romo Leroux received a B.A. in Economics from the College of William and Mary, Williamsburg, Virginia, in 1989. Currently Mr. Romo Leroux is serving as Chief Executive Officer of Mamut Andino, C.A. In 2003 he served as President of Pacific Bulk S.A and in 2000 he served as President of Corporacion Inmobiliare Internacional.

Chairman John Seaman said, “We are pleased to welcome Mr. Robert Sedgemore and Mr. Romo Leroux to the Board. We believe their extensive experience is a great asset and addition to the Company.”

About QRS Capital Corp.

QRS is a mineral exploration company that holds an 80% beneficial interest in the Judith Property which consists of six mining lots and concessions that cover a combined area of approximately 597.5 hectares located in the City of Aldama, Chihuahua State, Mexico and is entitled to 70% of any net profits from the Judith Property. QRS also holds an option to purchase the remaining 20% beneficial and legal interest in the Judith Property for a payment of US$1.5 million before December 1, 2013. In the event QRS elects to exercise the option, a 20% interest in the Judith Property will vest in Norma Mines S.A. de C.V., a Mexican corporation that transferred its interests in the Judith Property to QRS pursuant to the terms of an Assignment, Assumption and Amending Agreement dated July 6, 2009, as amended. QRS is actively seeking additional exploration stage copper and gold targets in South America, particularly in Colombia, Brazil, Chile and Ecuador.

ON BEHALF OF THE BOARD OF DIRECTORS

John Seaman, Chairman & CEO

Forward Looking Statements

This Company Press Release may contain certain “forward-looking” statements and information relating to the Company and the use of proceeds from the Offering that are based on the beliefs of the Company’s management as well as assumptions made by and information currently available to the Company’s management. Such statements reflect the current risks uncertainties and assumptions related to certain factors including, without limitations, competitive factors, general economic conditions, customer relations, relationships with vendors and strategic partners, the interest rate environment, governmental regulation and supervision, seasonality, technological change, changes in industry practices, and one-time events. Should any one or more of these risks or uncertainties materialize, or should any underlying assumptions prove incorrect, actual results may vary materially from those described herein.