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CNI Continental Nickel Limited

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Share Name Share Symbol Market Type
Continental Nickel Limited TSXV:CNI TSX Venture Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0 -

Continental Nickel Provides Further Information Regarding the Appointment of MMH Investor Relations Inc.

25/05/2010 10:28pm

Marketwired Canada


Continental Nickel Limited (TSX VENTURE:CNI) ("Continental Nickel" or the
"Company") provides additional information regarding compensation relating to
the appointment of Marguerite Manshreck-Head of MMH Investor Relations Inc.
("MMH") who has been engaged to provide investor relations services to the
Company, as previously announced on May 20, 2010.


Under the terms of the appointment, Ms. Manshreck-Head will provide consulting
and advisory services relating to the Company's Investor Relations initiatives
on per diem consultancy rate of $1,200 per day. It is anticipated that Ms.
Manshreck-Head will provide approximately 40 days of investor relations advisory
services this year to the Company for total compensation of approximately
$48,000. The service contract can be terminated without advance notice. There is
no penalty for termination, and there is no minimum or guaranteed amount of
consulting service. The appointment is subject to regulatory approval. Ms.
Manshreck-Head does not own any securities in the Company. 


Ms. Manshreck-Head has twenty-seven years of international experience in the
mining industry and thirteen years in investor relations. Before starting her
own investor relations consulting company in 2003, she spent twenty years with
Falconbridge Limited in various roles involved with market research, cobalt
marketing and investor relations. MMH will be responsible for further developing
an investor relations strategy that will strengthen the Company's profile and
visibility amongst the financial and investment community, including analysts,
portfolio managers and retail investors. Ms. Manshreck-Head also brings a strong
understanding of the nickel industry which will be supportive to the Company's
overall strategy.


Ms. Manshreck-Head holds an Honours BA in Economics from Concordia University
(Montreal, Quebec) and a Masters (Diplome) from the Graduate Institute of
International Studies (Geneva, Switzerland). She has been a member of the
Canadian Institute of Investor Relations (CIRI), Ontario Chapter, since 1997 and
served on the Board of Directors from 2000 to 2006 in a number of roles
including President, Past President and Treasurer.


About Continental Nickel

Continental Nickel Limited is focused on the exploration, discovery and
development of nickel sulphide deposits in prospective, but under-explored
regions globally. Current projects include its 70% controlling interest in the
Nachingwea project in Tanzania, where NI 43-101 Mineral Resources have been
defined, and an option joint venture on the St. Stephen project in New
Brunswick, Canada. Continental Nickel has 38,943,664 shares issued and
outstanding (45,806,514 on a fully-diluted basis) and trades on the TSX Venture
Exchange under the symbol CNI. The Company remains well funded with C$13.5
million in the treasury.


On behalf of Continental Nickel Limited

Craig MacDougall, President & Chief Executive Officer

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