NQ Exploration to Issue 132,446 Common Shares

NQ Exploration Inc.(TSXV:NQE) announced that it will issue 132,446 common shares to each of the Fonds de solidarité FTQ and Sidex Limited Partnership.

As quoted in the press release:

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.

Click here to read the NQ Exploration Inc. (TSXV:NQE) press release