Continental Precious Minerals Inc.
TSX : CZQ

Continental Precious Minerals Inc.

August 23, 2007 10:42 ET

Continental Precious Minerals Inc.: Status of Cash Holdings

TORONTO, ONTARIO--(Marketwire - Aug. 23, 2007) - Continental Precious Minerals Inc. (TSX:CZQ) (the "Company" or "Continental") is pleased to be able to announce that the Company has a total cash position of approximately $31 million, of which $30 million are in the form of guaranteed investment certificates (GICs) and the balance is in the form of cash on deposit in its bank account at one of Canada's major chartered banks.

Contact Information

  • Continental Precious Minerals Inc.
    Ed Godin
    President
    (416) 805-3036