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