TORONTO, ON -- (MARKET WIRE) -- 07/29/05 -- The Board of Directors of Quincy Energy Corp. (TSX-V: QUI) (OTC BB: QCYE) is pleased to announce that the Company's shares of common stock have been listed for trading on the Frankfurt Stock Exchange (http://deutsche-boerse.com) under the symbol QIR.

The German brokerage firm of N. M. Fleischhacker AG sponsored the listing and will be the marker maker. No fees, other than the listing fee, are being paid to N. M. Fleischhacker AG. The Company's ISIN number is US7483971062.

The listing on the Frankfurt Stock Exchange provides the Company with increased exposure to worldwide capital markets and enables Europeans to trade the Company's common stock in Euros.

The Company also reports that, following review of the recent results of exploration on the Seven Troughs Property, the Company has terminated its lease agreement with Newmont Capital Limited dated March 1, 2004.

To find out more about Quincy Energy Corp. visit our website at www.quincyenergy.com or contact:

Daniel Farrell, Chairman & CEO
T: (416) 361-2830
E: dfarrell@quincyenergy.com

Art Ettlinger, President & COO
T: (604) 685-1964
E: aettlinger@quincyenergy.com

Murray Black, Corporate Development
T: (416) 361-2829
E: mblack@quincyenergy.com

THIS PRESS RELEASE WAS PREPARED BY QUINCY ENERGY CORP., WHICH ACCEPTS THE RESPONSIBILITY AS TO ITS ACCURACY. THE TSX VENTURE EXCHANGE DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

Information Regarding Forward-Looking Statements: Except for historical information contained herein, the statements in this Press Release are forward-looking statements that are made pursuant to the safe harbor provisions in the Private Securities Legislation Reform Act of 1995. Forward-looking settlements involve known and unknown risks and uncertainties, which may cause Quincy's actual results in future periods to differ materially from forecasted results. These risks and uncertainties include, among other things: volatility of natural resource prices; product demand; market competition and risks inherent in Quincy's operations. These and other risks are described in the Company's Annual Report or Form 10-K and other filings with the Securities and Exchange Commission.

Distributed by Filing Services Canada and retransmitted by Market Wire

Contact:

Daniel Farrell
Chairman & CEO
T: (416) 361-2830
E: Email Contact

Art Ettlinger
President & COO
T: (604) 685-1964
E: Email Contact

Murray Black
Corporate Development
T: (416) 361-2829
E: Email Contact