Quartz Mountain Resources Ltd.: Quartz Mountain Sells Royalty VANCOUVER, BC / ACCESSWIRE / February 4, 2021 / Quartz Mountain Resources Ltd. ("Quartz Mountain" or the "Company") (TSX-V:QZM)(OTCBB:QZMRF) announces that it has sold 100% of its 1% Net Smelter Return Royalty (the "Royalty") on the Quartz Mountain Gold Property, located in Oregon for US$150,000. The Purchaser is an arms length third party. The Company acquired the Royalty when it sold the Quartz Mountain Gold Property to Seabridge Resources Inc. in 2001. For further details, contact Investor Services at (604) 684-6365 or within North America at 1-800-667-2114. On behalf of the Board of Directors Leonie Tomlinson