CMQ Resources Inc. effects share consolidation



    CALGARY, Aug. 25 /CNW/ - CMQ Resources Inc. (TSXV: CMQ) ("CMQ") has
effected a consolidation of its issued and outstanding common shares (the
"Common Shares") on a ten for one basis (the "Consolidation"). The
Consolidation was previously approved by shareholders at CMQ's Annual and
Special Meeting of Shareholders on August 13, 2008 (the "Meeting"). All
fractional Common Shares were rounded down to the nearest whole Common Share.
The Common Shares have commenced trading on the TSX Venture Exchange on a
post-Consolidation basis under the new symbol "NV" on today's date.
    Registered shareholders received a Letter of Transmittal along with other
materials which were delivered in connection with the Meeting. The Letter of
Transmittal provides instructions for tendering certificates representing 
pre-Consolidation Common Shares to CMQ's registrar and transfer agent,
Computershare Trust Company of Canada ("Computershare"), in exchange for
certificates representing post-Consolidation Common Shares. Shareholders who
hold Common Shares through their broker or other intermediary and do not have
share certificates registered in their name will not be required to complete
and return a Letter of Transmittal.
    Additional copies of the Letter of Transmittal may be obtained by
contacting Computershare at 1-800-564-6253 or by email to
corporateactions@computershare.com.

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

    %SEDAR: 00008560E




For further information:

For further information: Martin Lambert, Chief Executive Officer, CMQ
Resources Inc., Tel: (403) 294-0101, E-mail mlambert@cmqresources.com

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CMQ Resources Inc.

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