LAVAL, QUEBEC--(Marketwire - March 8, 2011) - NQ Exploration Inc. (TSX VENTURE:NQE) announces that, subject to the approval of the TSX Venture Exchange, it will issue 59,149 common shares to each of the Fonds de solidarité FTQ and Sidex Limited Partnership ("Sidex") (118,298 common shares) at a price of $0.126 per share in payment of debenture interest of $7,438.36 (Sidex) and $7,438.36 (Fonds de solidarité FTQ) for a total of $14,876.72 due on March 2, 2011. Interest is payable on debentures issued under the terms of subscription agreements dated September 3, 2009, pursuant to which NQ issued to each of the Fonds de solidarité FTQ and Sidex a convertible $125,000 debenture on which interest is payable semi-annually, either in cash or in common shares of the Company's capital stock. 

ABOUT NQ EXPLORATION INC.

NQ Exploration Inc. is a mining exploration company with a solid portfolio of 10 mining properties in the James Bay and Abitibi regions of Quebec. NQ Exploration Inc. is betting on Quebec's excellent mineral potential and favourable investment climate to produce new world-class gold and base metal deposits.

Contact Information: NQ Exploration Inc.
David Grondin
President and Chief Executive Officer
514-206-7727
www.explorationnq.com