NQ Exploration Inc.: Debt Settlement

(firmenpresse) - LAVAL, QUEBEC -- (Marketwired) -- 12/02/13 -- NQ Exploration Inc. (the "Corporation") (TSX VENTURE: NQE) today announced that, subject to the approval of the TSX Venture Exchange, it intends to settle $37,487.50 in outstanding indebtedness through the issuance to a creditor of 749,750 common shares at a price of $ 0.05 per share and 749,750 warrants, each warrant entitling to purchase one additional common share for a five-year period (the "Debt Settlement"). The shares issued under the Debt Settlement will be subject to a hold period of four months and one day from the date of issuance.

ABOUT NQ EXPLORATION INC.

NQ Exploration Inc. is a mining exploration company with a solid portfolio of 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.

Neither the 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.



Contacts:
David Grondin
President and Chief Executive Officer
(514) 206-7727

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Bereitgestellt von Benutzer: Marketwired
Datum: 02.12.2013 - 18:53 Uhr
Sprache: Deutsch
News-ID 321834
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LAVAL, QUEBEC

Kategorie:

Mining & Metals

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