The Company reports that:

NEWS RELEASE

MYS.H-NEX September 7, 2010

MYSTIQUE ENERGY, INC.

(the “Company”)

800, 1027 Davie Street Vancouver, BC V6E 4L2 PH: (604) 601-2105

The Company reports that:

Shareholders approved the consolidation of the Company’s capital on a ten old shares for one new share basis, at the last Shareholders’ Meeting, which was held on April 28, 2010 in Calgary. The Company is proceeding, subject to regulatory approval to effect the consolidation. There will be no change in the Company’s name, nor its trading symbol.

In addition, the Company is pleased to report that it has replaced Olympia Trust with Equity Transfer as its Transfer Agent.

Subject to regulatory approval, the Company intends to complete a private placement of up to 10,000,000 Units at $0.05 per Unit. Each Unit shall be comprised of one post-consolidation common share and one transferable warrant exercisable at $0.10 for one year. Finder’s fees may be paid in accordance with TSXV Policies. Existing insiders may participate in this placement, however, it is not anticipated that any new insider’s will arise pursuant to this placement. In addition, the Company intends to issue approximately 5,965,000 Units to settle $298,250 of outstanding indebtedness. Approximately 2,955,000 of these Units shall be issued to Insiders of the Company.

Proceeds are to be utilized to fund general working capital and to source acquisitions in the mineral resource sector.

The Company’s previous announcement of October 30, 2009 to acquire certain oil and gas interests of Alida Resources Inc. of Edmonton, Alberta have been terminated.

The Company anticipates that its common shares will resume trading on the NEX on a postconsolidated basis, in the near future.

On Behalf of the Board

“Ken Ralfs” (signed)

Ken Ralfs President

For further information please contact:

Ken Ralfs, President (604) 601-2105

THE TSX VENTURE EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT RESPOSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.