Nirek Resources Inc.

December 23, 2008 09:38 ET

Nirek Reduces Bid for Century by 10%

ONTARIO, CANADA--(Marketwire - Dec. 23, 2008) - Nirek Resources Inc. ("Nirek") (FRANKFURT:3N6)(Gold Warrant:CA6546411175) Nirek as of today's date, after analysis, has amended its offer to reduce the percentage of shares it is seeking to acquire in Century. Nirek is now offering to purchase 18% of the outstanding shares of Century Mining Corporation, a 10% reduction from its original offer. All the other terms of the offer, such as the expiry date of January 8, 2009 and the cash purchase price of $0.01 for each Century common share remain the same as per the original offer.

About Nirek Resources Inc.

Nirek Resources Inc. ("Nirek") is a Canadian exploration company specializing on exploring for precious metals. The company is focused on acquiring gold and precious metal properties with proven reserves through a series of joint ventures, mine and property acquisitions.

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: The statements contained herein which are not historical are forward-looking statements that are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements, including, but not limited to, certain delays beyond the company's control with respect to market acceptance of new technologies or products, delays in testing and evaluation of products, and other risks detailed from time to time in the Company's filings.

Outstanding Shares: 17,044,352

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