Continent Resources Inc.
CNQ : CORE

Continent Resources Inc.

August 11, 2008 15:53 ET

Continent Amends Terms of Non-Brokered Private Placement

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Aug. 11, 2008) -

NOT FOR DISTRIBUTION TO US NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

Continent Resources Inc. (CNQ:CORE) (the "Company") wishes to announce that the Company has agreed to amend its previously announced non-brokered private placement. The Company has announced to issue up to 8,400,000 units at a price of $0.25 per unit (the "Unit") for gross proceeds of up to $2,100,000. Under the amended private placement, each Unit will consist of one common share of the Company and one share purchase warrant. All other terms of the non-brokered private placement remain the same as per the May 30, 2008 press release.

About Continent Resources Inc.

Continent Resources Inc. is a mineral exploration company focusing on the discovery of copper resources in copper-rich districts in Arizona and New Mexico. The Company intends to maintain this commodity focus. In addition to the high-quality portfolio that the Company plans to acquire through its involvement with the Southwest Group, Continent continues to seek out advanced copper exploration opportunities (see news release dated May 30, 2008).

On behalf of Continent Resources Inc.

Robert Bick, President, CEO & Director

This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

The CNQ does not accept responsibility for the adequacy or accuracy of this release.

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