NQ Exploration Inc.: Options Granted to Chief Financial Officier

Wed Oct 22, 12:20 PM

LAVAL, QUEBEC--(Marketwire - Oct. 22, 2008) - NQ Exploration Inc. (TSX VENTURE: NQE.V) announces that it has granted 150,000 stock options to Mr. Jean Rainville, Chief financial officer of the Company. Each option will entitle the holder to subscribe to one common share of the Company at a price of $0.20 per share for five (5) year period and is subject to a 4 month hold period.

ABOUT NQ EXPLORATION INC.

NQ Exploration Inc. is a new mining exploration company with a large portfolio of 23 mining properties in the James Bay region of Quebec. NQ Exploration Inc. is betting on Quebec's excellent mineral potential and favourable investment climate to produce new world-class gold, base metal and uranium deposits.

The TSX Venture Exchange does not assume any responsibility for the adequacy or accuracy of this press release.

Contacts

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