CMQ RESOURCES INC. GRANT OF STOCK OPTIONS AND FILING OF SECOND QUARTER FINANCIAL STATEMENTS

/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/

CALGARY, June 29, 2011 /CNW/ - CMQ Resources Inc. (TSXV: NV) ("CMQ") announces the filing of its operating and financial results for the period ending March 31, 2011 on SEDAR (www.sedar.com) and the issuance of incentive stock options to certain consultants and directors and officers of CMQ to acquire up to an aggregate of 2,600,000 common shares of the Corporation.  All of the 2,600,000 options were granted with an exercise price of $0.11.   All of the 2,600,000 options granted vest immediately and expire on September 28, 2014.  Of these options granted, 200,000 were granted to consultants and 2,100,000 were granted to officers and directors of CMQ.

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

SOURCE CMQ Resources Inc.

For further information:

Ryan Jennings, Corporate Secretary, CMQ Resources Inc., Tel: (403) 294-6496

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CMQ Resources Inc.

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