Quia Resources Announces Closing of Private Placement

Quia Resources Inc. (TSX VENTURE:QIA) ("Quia" or the "Company") announce that it
closed a non-brokered private placement (the "Offering"), consisting of
70,640,000 Shares ("Shares") for aggregate gross proceeds of $353,200. 


The securities are subject to a four month hold period expiring January 24, 2014. 

Canaccord Genuity Corp. and Jones Gable & Co. Ltd., acting as finders, received
cash commissions of $3,600 and $4,000 respectively, and 720,000 and 800,000
compensation options ("Compensation Options") respectively, each Compensation
Option being exercisable into one Share within 24 months of closing at an
exercise price of $0.05. 


About Quia Resources Inc.

Quia Resources is a gold exploration Company focused in Colombia and its
100%-owned San Lucas property in the San Lucas gold belt. The San Lucas gold
belt is among the least explored and most prospective gold belts in Colombia.
Quia is an early-mover into this belt and has established a key property
position and a strong base of technical knowledge in the area.


Forward-Looking Statements

This press release contains or refers to forward-looking information, including
statements regarding proposed use of proceeds of the Offering, and is based on
current expectations that involve a number of business risks and uncertainties.
Factors that could cause actual results to differ materially from any
forward-looking statement include, but are not limited to, delays in obtaining
or failures to obtain required governmental, environmental or other project
approvals, political risks, uncertainties relating to the availability and costs
of financing needed in the future, changes in equity markets, inflation, changes
in exchange rates, fluctuations in commodity prices, delays in the development
of projects and the other risks involved in the mineral exploration and
development industry. Forward-looking statements are subject to significant
risks and uncertainties, and other factors that could cause actual results to
differ materially from expected results. Readers should not place undue reliance
on forward-looking statements. These forward-looking statements are made as of
the date hereof and the Company assumes no responsibility to update them or
revise them to reflect new events or circumstances other than as required by
law.


Neither the TSX Venture Exchange nor its Regulation Services Provider (as that
term is defined in the policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this release.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Quia Resources Inc.
Yannis Banks
Chief Executive Officer
(416) 777-6169
ybanks@foundationmarkets.com

Quia Resources Inc. (TSXV:QIA)
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