2010 News Releases

Confederation Minerals Ltd. Announces An Increase in the Financing Arrangements

Financing
Confederation Minerals Ltd. (the “Company”) is pleased to announce an increase in the financing arrangements announced on February 17, 2010, from 334,000 units to 1,684,000 units to raise up to $252,600 at $0.15 per unit. Each unit will consist of one common share and one warrant exercisable at a price of $0.25 for two years from closing. The proceeds of the private placement will be used for general working capital. A finder’s fee may be payable in accordance with the rules and polices of the TSX Venture Exchange. The terms of the financing and finder’s fee are subject to regulatory approval.


ON BEHALF OF THE BOARD OF DIRECTORS

Signed “Peter Bryant”

Peter Bryant,
Chief Financial Officer

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release." This release has been prepared by management and no regulatory authority has approved or disapproved the information contained herein.