Confederation Minerals Ltd.

Confederation Minerals Ltd.

February 23, 2011 02:38 ET

Confederation Minerals Ltd. Announces New Director

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Feb. 23, 2011) - CONFEDERATION MINERALS LTD. (TSX VENTURE:CFM) ( (the "Company") is pleased to announce the appointment of Scott Parsons as an additional director of the Company. Mr. Parsons entered the mining and energy industries following a successful 20 year career as both a marketing specialist and Manager of Corporate Development for private companies and federal and provincial government agencies. His extensive experiences include manager of public relations programs, marketing, branding, and developing corporate strategies for emerging and established companies. Mr. Parsons is the former Vice President of Corporate Development for Red Hill Energy (now Prophecy Resource Corp.) and currently holds that position with International Enexco. He is also a founding Director of Doxa Energy Ltd., an emerging oil & gas production company operating in the United States.

Forward-Looking Information

This release includes certain statements that may be deemed "forward-looking statements". All statements in this release, other than statements of historical facts, that address events or developments that the Company expects to occur, are forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects", "plans", "anticipates", "believes", "intends", "estimates", "projects", "potential" and similar expressions, or that events or conditions "will", "would", "may", "could" or "should" occur. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in the forward-looking statements. Factors that could cause the actual results to differ materially from those in forward-looking statements include market prices, exploitation and exploration successes, and continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. Forward-looking statements are based on the beliefs, estimates and opinions of the Company's management on the date the statements are made. Except as required by applicable securities laws, the Company undertakes no obligation to update these forward-looking statements in the event that management's beliefs, estimates or opinions, or other factors, should change.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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