TSXgroup

April 29, 2008

NQ EXPLORATION INC. ("NQE")
BULLETIN TYPE: New Listing-IPO-Shares
BULLETIN DATE: April 29, 2008
TSX Venture Tier 2 Company

The Company's Initial Public Offering ("IPO") Prospectus dated February 14, 2008 was filed with and accepted by TSX Venture Exchange (the "Exchange") and filed with and receipted by the Autorité des marchés financiers on February 15, 2008, pursuant to the provisions of the Québec Securities Act. The common shares of the Company will be listed and admitted to trading on TSX Venture Exchange, on the effective date stated below.

The Company is classified as a "Mineral Exploration/ Development" company.

Offering: A minimum of 1,500 Units ($150,000) and a maximum of 4,000 Units ($400,000), each Unit consisting of 500 common shares at $0.20 per share and 250 warrants entitling the holder to purchase 250 common shares at $0.25 per share up to February 14, 2009. The Initial Public Offering Prospectus also qualifies for distribution 3,178,320 flow-through common shares at $0.25 per flow-through share and 872,100 common shares at $0.20 per share, issued on February 22, 2008 upon the exercise of special warrants issued pursuant to a Private Placement for a total amount of $969,000 which closed on December 28, 2007.

Share Price: $0.20

Agent: Jones Gable & Company Limited

Agent's fee: A cash commission equal to 10% of the gross proceeds excluding subscriptions from certain institutional investors

Agent's Option: 200,000 non-transferable warrants to purchase 200,000 common shares at $0.20 for a period of 12 months from the date of the final prospectus. 243,025 non-transferable warrants to purchase 243,025 common shares at a price of $0.20 for a period of 24 months from the date of the closing of the special warrant Private Placement

Listing Date: At the close of business (5:01 EDT) on April 29, 2008

Commencement Date: The common shares will commence trading on TSX Venture Exchange at the opening Wednesday, April 30, 2008, upon confirmation of closing

The closing of the IPO is scheduled to occur before the market opening on April 30, 2008. It is expected that the gross proceeds of the closing will be $400,000 (2,000,000 common shares). A further notice will be issued upon receipt of closing confirmation.

Corporate jurisdiction: Canada

Capitalization: Unlimited number of common shares with no par value, of which
22,000,420 common shares will be issued and outstanding
Escrowed Shares: 17,641,800 common shares pursuant to National Policy 46-201

Transfer Agent: CIBC Mellon Trust Company - Montréal
Trading Symbol: NQE
CUSIP Number: 62938A 10 4

For further information, please refer to the Company's Prospectus dated February 14, 2008.

Company contact: David Grondin, President
Company address: 370, rue des Magnolias, Laval, Québec H7A 0A3

Company phone number: (514) 206-7727
Company fax number: (514) 875-4308
E-mail address: info@nqexploration.com
Web site: www.nqexploration.com