Quantum International Income Corp. (TSXV:QIC.H) formerly known as E.G. Capital Inc. announced a non-brokered private placement of 4,000,000 units at CAD 0.05 per unit for gross proceeds of CAD 200,000 on June 18, 2013. Each unit consists of one post-consolidation share and one share purchase warrant. Each warrant will entitle the holder to purchase one post-consolidation share at a price of CAD 0.10 for a period of one year from the date of issue. The transaction will see participation from the Chief Executive Officer and certain additional subscribers identified by him. The transaction is subject to approval from the TSX Venture Exchange.

On March 14, 2014, the company announced that it has amended the terms of the transaction. The company will now issue units and subscription receipts at a deemed price of CAD 0.05 per subscription receipt to raise gross proceeds in cash and non-cash consideration of up to CAD 1,160,000. In consideration for the issuance of the subscription receipts, the company has determined to accept non-cash consideration in the form of common shares of Portex Minerals Inc., at a deemed value of CAD 0.05 per Portex Minerals Inc. common share. Portex Minerals Inc. operates at arm's length to the company, which will invest in the subscription receipts part of the transaction for non-cash consideration. Each subscription receipt will be convertible into units at a price of CAD 0.05 per unit within 30 days of the issuance of the subscription receipts. Under the terms of the subscription receipts, where the holder of subscription receipts has converted subscription receipts into units, then the company will be required to return the Portex Minerals Inc. common shares then held by the company back to such holder. The subscription receipts will be convertible into units within 30 days of the issuance of the subscription receipts, after that the subscription receipts will expire, in such the company will be entitled to retain the applicable Portex Minerals Inc. common shares, for no additional consideration. The securities to be issued in the transaction have a hold period of fourth months from closing.

On March 18, 2014, the company announced that the transaction has been approved by the TSX Venture Exchange. The transaction will include participation from 32 investors. Insiders of the company, Thanda Resources Incorporated will subscribe for 1,000,000 units, Grant White, Chief Executive Officer of the company will subscribe for 1,000,000 units, and Sekhri Family Trust will subscribe for 1,000,000 units. The transaction will also include participation from professional group investors for 3,700,000 units. The company will pay finder's fee of CAD 4,200 to Global Securities Inc. and 360,000 shares to 82270 Alberta Ltd.

On March 20, 2014, E.G. Capital Inc. closed the transaction. The company issued 21,200,000 units for cash gross proceeds of CAD 1,060,000. As part of the transaction, the company paid cash finder's fees of CAD 4,200. In addition, 2,000,000 subscription receipts were sold at a deemed price of CAD 0.05 per receipt, for which the company accepted non-cash consideration at a deemed value of CAD 100,000. The company paid finder's fees of CAD 22,200 of which CAD 18,000 was paid through the issuance of additional common shares. Brian Allan Halina has purchased 500,000 units in the transaction.