NV

CALGARY, April 26 /CNW/ -- /NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/ CALGARY, April 26 /CNW/ - CMQ Resources Inc. ("CMQ") (TSXV: NV) has prepared and filed its annual financial statements and management and discussion analysis for the year ended December 31, 2010. Those filings can be viewed on SEDAR at www.sedar.com. Also, as previously disclosed on April 1, 2011, CMQ has filed a final long form prospectus with the securities regulatory authorities in each of the Provinces of British Columbia, Alberta, Ontario and Quebec in connection with its offering (the "Rights Offering") of rights (the "Rights") to purchase common shares of CMQ ("Common Shares").  The Rights Offering involves the issuance of Rights to subscribe for up to 50,266,692 Common Shares, with each 0.13 of a Right being exercisable for one Common Share at a price of $0.10. The Rights Offering is expected to raise up to approximately $5,000,000. CMQ has entered into a stand-by commitment agreement with Matco Investments Ltd. ("Matco"), an insider and principal creditor of CMQ, pursuant to which Matco has agreed to purchase, at a price equal to $0.10 per Common Share, such number of Common Shares not otherwise purchased under the Rights Offering so as to provide CMQ with gross proceeds from the Rights Offering of not less than $2,500,000. Rights may be exercised until 5:00 p.m. (Toronto time) on May 10, 2011 (the "Expiry Time").  The closing of the Rights Offering is scheduled to occur on May 11, 2011 and is subject to the satisfaction of customary closing conditions. The final prospectus and certificates representing the Rights (the "Certificates'') have been previously mailed to all registered shareholders located in the provinces of British Columbia, Alberta, Quebec and Ontario (the "Eligible Jurisdictions''). Subject to certain exceptions, Certificates have not been and will not be mailed to registered shareholders located outside of the Eligible Jurisdictions. Such shareholders will not be permitted to exercise their Rights and in certain cases the rights agent engaged by CMQ will attempt to sell such Rights on behalf of the relevant class of shareholders. Shareholders should consult the final prospectus and their financial advisors to determine their rights and entitlements under the Rights Offering. Holders of Rights who fully exercise their Rights under the basic subscription privilege will be entitled to subscribe pro rata for additional Common Shares, if available, that were not subscribed for initially on or before the Expiry Time. Registered shareholders wishing to exercise their Rights must forward their Certificate, completed in accordance with the instructions on such Certificate, along with the applicable funds to Computershare Investor Services Inc. by the Expiry Time. Beneficial shareholders should contact their broker. Shareholders requiring additional information may refer to a copy of the final prospectus available on SEDAR at www.sedar.com. The Rights to purchase Common Shares are currently listed  on the TSX Venture Exchange (the "TSXV") under the symbol NV.RT. A copy of the final prospectus has been filed on SEDAR and is available for review at www.sedar.com. This press release does not constitute an offer to sell or the solicitation of an offer to buy the securities in the United States, in any province or territory of Canada or in any other jurisdiction. The securities to be offered have not been, and will not be, registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") or any U.S. state securities laws and may not be offered or sold in the United States or to United States persons absent registration or absent an applicable exemption from the registration requirements of the U.S. Securities Act and applicable U.S. state securities laws. There shall be no sale of the securities in any jurisdiction in which an offer to sell, a solicitation of an offer to buy or a sale would be unlawful. Forward-Looking Statements This press release contains certain forward-looking statements and forward-looking information (collectively referred to herein as "forward-looking statements") within the meaning of Canadian securities laws. All statements other than statements of historical fact are forward-looking statements. Forward-looking statements typically contain statements with words such as "anticipate", "believe", "plan", "continuous", "estimate", "expect", "intend", "may", "will", "shall", "project", "would", "should", or similar words suggesting future outcomes Undue reliance should not be placed on forward-looking statements, which are inherently uncertain, are based on estimates and assumptions, and are subject to known and unknown risks and uncertainties (both general and specific) that contribute to the possibility that the future events or circumstances contemplated by the forward-looking statements will not occur. There can be no assurance that the plans, intentions or expectations upon which forward-looking statements are based will in fact be realized. Actual results will differ, and the difference may be material and adverse to CMQ and shareholders. Forward-looking statements are based on management's current beliefs as well as assumptions made by, and information currently available to, management. Though management considers these assumptions to be reasonable based on information currently available to it, they may prove to be incorrect. By their very nature, forward-looking statements involve inherent risks and uncertainties, both general and specific, and risks that forward-looking statements will not be achieved. The forward-looking statements contained in this press release are made as of the date hereof and CMQ does not undertake any obligation to update publicly or to revise any of the included forward-looking statements, except as required by applicable law. The forward-looking statements contained herein are expressly qualified by this cautionary statement. To view this news release in HTML formatting, please use the following URL: http://www.newswire.ca/en/releases/archive/April2011/26/c7021.html p For more information on CMQ visit the CMQ website at (ia href="http://www.cmqresources.com"www.cmqresources.com/a/i) or please contact:  Ryan Jennings, CMQ Resources Inc., telephone number (403) 294-6496. /p

Copyright