Continuum Resources Ltd.
TSX VENTURE : CNU

Continuum Resources Ltd.

September 13, 2005 13:32 ET

Continuum Resources Ltd.: $500,000 Private Placement

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Sept. 13, 2005) - Continuum Resources Ltd. (the "Company") (TSX VENTURE:CNU) announces that it has agreed to a $500,000 non brokered private placement. The private placement will consist of 2,500,000 units at a price of $0.20 per unit. Each unit will consist of one share and one-half of one non-transferable share purchase warrant, each whole warrant exercisable into one common share for a period of two years at a price of $0.25 per share. Finder's fees will be payable in accordance with the policies of he TSX Venture Exchange.

The proceeds of the private placement will be used primarily to maintain the Company's property option agreements in good standing and for general working capital.

ON BEHALF OF THE BOARD OF DIRECTORS

CONTINUUM RESOURCES LTD.

Lawrence A. Dick, Ph.D, P.Geo, President


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

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