Continental Precious Minerals Inc.

Continental Precious is pleased to announce that it has received the conditional approval of the Toronto Stock Exchange to complete the transaction announced on February 27, 2012 under which Geoforum Scandinavia AB will reduce its Net Profits royalty interest in the Company's MMS Viken Project from 5% to 1%. The approval is conditional on the filing of standard documentation. The Company will close on March 7, 2012 [...]

Continental Precious Minerals is pleased to announce that it has entered into an agreement with Geoforum Scandinavia AB, the company that holds a 5% Net Profits royalty interest in all of the Company's mineral exploration licences in Sweden, to reduce Geoforum's Net Profits royalty interest in the Company's MMS Viken Project from 5% to 1%. Geoforum is a company wholly-owned by Michael Bromley-Challenor, the Executive [...]