Central Iron Ore Limited
TSX VENTURE : CIO

Central Iron Ore Limited

September 07, 2010 11:15 ET

Central Iron Ore Ltd.: Issue of Shares to Consultants

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 7, 2010) -

THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO UNITED STATES SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

Central Iron Ore Ltd. (TSX VENTURE:CIO) ("the Company") is pleased to announce that it will issue an aggregate of 1,000,000 common shares at a deemed price of $0.20 per share as partial consideration for services rendered by three arm's length consultants in relation to the identification of areas in the Gadacie and Lake Barlee areas of Western Australia prospective for iron ore exploration, as announced previously on February 1, 2010. When issued, the shares will be subject to a four month hold period pursuant to the policies of TSX Venture Exchange.

On behalf of the Board of Directors

CENTRAL IRON ORE LTD.

Andrew Spinks, President/CEO

ABN: 32 072 871 133

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.

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