CHICAGO, IL, July
10, 2019 (NewMediaWire) -- Quantum Energy Inc.
(OTC: QEGY) (“Quantum”) is pleased to announce that on June 28, 2019, it
entered into a Binding Letter of Intent with Easy Energy Systems Inc. 
(“EESI”) to create and fund multiple joint venture LLC’s each of which
will be focused on a different vertical market feedstock to the point of
full utilization and commercialization of the Easy Energy Systems, Inc.
Modular Energy Production System. Ownership of each of these LLC's will
be split as follows: 25% to Quantum; 25% to EESI and the remaining 50%
to the funding source for the particular LLC. 

To learn more on both companies please visit their websites:

Quantum Energy Inc.  (QEGY)   www.quantum-e.com 

Easy Energy Systems Inc          www.easyenergysystems.com

On
July 3, 2019, the December 5, 2016 Farm contract for the purchase and
sale between the Registrant and the Landowner of the property in
Stoughton Saskatchewan, Canada, which has been extended from time to
time, has been further by the parties extended until October 31, 2019,
for removal of all terms and conditions to the purchase of the Land.

Additionally,
the May 24, 2019 Agreement among Quantum and Quay View Partners, LLC
and Looper Family Office LLC to acquire oil and gas properties located
in Wyoming has been cancelled by the parties.

About Quantum Energy Inc.

Quantum
is an energy focused company with a project emphasis toward refinery
development, construction and operations in the United States and
Canada, through its subsidiary Dominion Energy Processing Group, Inc.
Quantum is continuing to work on proposed Bakken refinery development
projects in Stoughton Saskatchewan, Canada..

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.

For Company Contact:

Andrew J. Kacic  

480-734-0337