Continental Nickel Limited

Continental Nickel Limited

May 20, 2010 08:00 ET

Continental Nickel Appoints MMH Investor Relations Inc.

TORONTO, ONTARIO--(Marketwire - May 20, 2010) - Continental Nickel Limited (TSX VENTURE:CNI) ("Continental Nickel" or the "Company") is pleased to announce the appointment of Marguerite Manshreck-Head of MMH Investor Relations Inc. ("MMH") to provide investor relations services effective immediately.

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 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, Québec) and a Masters (Diplôme) 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 many roles including President, Past President, and Treasurer.

"We are very pleased to have Marguerite accept the role of investor relations advisor. She is a seasoned investor relations professional and has an excellent understanding of the nickel market," commented Craig MacDougall, President and CEO of Continental Nickel.

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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