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Continental Precious Minerals Inc.-Resignation of Directors
Published : December 20, 2012
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Keywords :   Market | Market Conditions | Sweden |

TORONTO, ONTARIO--(Marketwire - Dec. 20, 2012) - Continental Precious Minerals Inc. (News - Market indicators) announced today that the members of the board of directors have tendered their resignations.

Mr. Godin, who resigned as a director but remains the CEO of Continental, thanked the board for their dedicated service and wisdom over the years, noting that under the guidance of the board "Continental is one of only a handful in the junior mining exploration sector that has survived the ups and downs of the global commodity cycle for a quarter of a century."

The outgoing directors are pleased to leave Continental in a strong position and wish the incoming directors every success in strengthening that position to enhance shareholder value.

Continental wishes the outgoing directors well in their future endeavours.

About Continental Precious Minerals Inc:

Continental is a multi-mineral exploration company with multiple interests and exploration licences in Sweden. Since March 2005, our primary goal has been to advance its Swedish assets. We are also evaluating other opportunities as they emerge in current market conditions.



Continental Precious Minerals Inc.
Ed Godin
President & CEO
(416) 805-3036
(416) 848-0790 (FAX)
godine@rogers.com
Companies Mentionned : Aura Minerals |
Data and Statistics for these countries : Sweden | All
Gold and Silver Prices for these countries : Sweden | All

Continental Precious Minerals Inc.

EXPLORATION STAGE
CODE : CZQ.TO
ISIN : CA2119061026
CUSIP : 211906 10 2
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Continental Precious Min. is an exploration nickel and palladium company based in Canada.

Continental Precious Min. holds various exploration projects in Canada, in Sweden and in USA.

Its main exploration properties are MMS VICKEN and ABBORRVIKEN in Sweden, CRATER OF DIAMONDS STATE PARK in USA and LAC ROCHER in Canada.

Continental Precious Min. is listed in Canada. Its market capitalisation is CA$ 3.7 millions as of today (US$ 2.9 millions, € 2.6 millions).

Its stock quote reached its lowest recent point on November 14, 2008 at CA$ 0.23, and its highest recent level on January 15, 2010 at CA$ 8.82.

Continental Precious Min. has 11 706 896 shares outstanding.

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TORONTO (CZQ.TO)
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