Carmen Diges elected to the board of Continental Precious Minerals Inc.

January 29, 2013 | Toronto

Carmen Diges, chair of Miller Thomson’s
mining group in Toronto,
has been elected director to the board of Continental Precious Minerals
Inc.  Carmen Diges acts on behalf of
shareholder, Sharad Mistry, as part of an ongoing proxy fight between
Continental’s board and Mistry.

The new board of directors of the
Company will be spending the next few weeks speaking with management of the
Company to do an overall analysis and to create a plan for the Company in the
immediate future and moving forward.

For more information, see Continental
Precious Minerals press release.

Also see: Carmen Diges stands as candidate for Continental Precious Minerals board amid proxy battle