2011 News Releases

Confederation Minerals Ltd Sets Stock Options

February 7, 2011 – Confederation Minerals Ltd. (the “Company”) CFM. TSX.V, reports that it has granted incentive stock options, exercisable to purchase up to an aggregate of 1,250,000 shares of the Company, to directors and consultants of the Company. The options are all exercisable at the price of $0.45 per share until February 6, 2016, subject to any earlier termination in accordance with their terms.

ON BEHALF OF THE BOARD

“Peter Bryant”

Director & CFO

 

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.