NQ Exploration Inc.

NQ Exploration Inc.

June 13, 2017 16:17 ET

NQ Exploration Inc. Announces Debenture Conversion and Shares for Debt

MONTREAL, QUEBEC--(Marketwired - June 13, 2017) - NQ Exploration Inc. ("NQ" or the "Corporation") (TSX VENTURE:NQE) announces that it issued 4,199,315 common shares at a deemed price of $ 0.05 per share to Société de Développement de la Baie-James ("SDBJ"), pursuant to the conversion of SDBJ $ 200,000 unsecured convertible debenture (the "Debenture") and the payment of the Debenture interest of $ 9,965.75 due on May 25, 2017 by way of shares for debt.


NQ Exploration Inc. is a mining exploration company with a solid portfolio of mining properties in the James Bay and Abitibi regions of Quebec as well as an interest in a coal project in Colombia. 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 but is also pursuing its Colombian venture.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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