MONTREAL, Jan. 17, 2014 /CNW Telbec/ – La Caisse de d pôt et placement
du Qu bec (La “Caisse“) sold its shares in QMX Gold Corporation (“QMX“) [TSX:QMX] on the Toronto Stock Exchange for a value of $48,103.10.
The 4,810,310 common shares sold represent 12.55% of the shares
outstanding of QMX, at a price of $0.01 per share.

This news release is issued in accordance with the early warning
requirements stipulated by the relevant securities regulation, which
require that investors issue and file a news release and a report when
they acquire ownership and control of 10% or more of the outstanding
shares of a class of securities with voting rights of a reporting
issuer. This is the case with La Caisse’s investment in QMX.

In accordance with the Early Warning System, a copy of this news release
and the report will be filed with the applicable Canadian securities
administrators and will be available on SEDAR’s website (www.sedar.com) and from the person indicated below.

The shares sold include 3,159,317 common shares of QMX that La Caisse
received as payment of interest owing on a subordinated convertible
debenture (the “Debenture“) that it holds, in a principal amount of $2,300,000, bearing interest
at an annual rate of 10%.

The Debenture is convertible into 287,500 common shares of QMX and
matures on April 28, 2014.

Soci t de d veloppement des entreprises minières et d’exploration II
s.e.c (“Sod mex“), a limited partnership whose general partner is Gestion Sod mex inc.,
a company of which La Caisse is a majority shareholder, holds 412,085
shares and a subordinated convertible debenture (the “Sod mex Debenture“) of a principal amount of $300,000 released on the same terms as the
Caisse’s Debenture. The Sod mex Debenture is convertible into 37,500
common shares of QMX.

Following this transaction, and upon the conversion of its Debenture, of
that of Sodemex and taking into consideration the 412,085 common shares
of QMX held by Sod mex, La Caisse will hold 737,085 common shares of
QMX, or 1.91% of QMX’s common shares outstanding.

ABOUT LA CAISSE DE DÉPÔT ET PLACEMENT DU QUÉBEC
La Caisse de d pôt et placement du Qu bec is a financial institution
that manages funds primarily for public and private pension and
insurance plans. As at December 31, 2012, it held $176.2 billion in net
assets. As one of Canada’s leading institutional fund managers, La
Caisse invests in major financial markets, private equity,
infrastructure and real estate, globally. For more information: www.lacaisse.com.

SOURCE Caisse de d pôt et placement du Qu bec