Corporate Update

(via Thenewswire.ca)

Vancouver, BC / TNW-ACCESSWIRE / October 10, 2014 / At the request of the OTCQX Confederation Minerals Ltd (TSX.V:CFM) (the "Company") (www.confederationmineralsltd.com) is confirming that the Company, its officers, directors, and controlling shareholders have not, directly or indirectly, been involved in any way with the creation or distribution of spam or promotional emails related to the Company and its securities. The Company, its officers, directors and controlling shareholders have not sold or purchased shares since October 9th, 2014, which is the first known instance of the current spam campaign regarding the Company. The Company has informed all applicable regulators of the spam campaign, and is complying with all regulatory requests concerning the spam campaign. The Company has no relationship, direct or indirect, contractual or otherwise with The Street Inc. and has not provided any information to The Street Inc. to support or substantiate any of the comments made. There is no material information that has not been publicly disclosed.

On behalf of the Board of Directors,

Confederation Minerals Ltd.

"Lawrence Dick"

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

CEO, and Director

CORPORATE INQUIRIES

Confederation Minerals Ltd.

Suite 1980, 1075 West Georgia Street

Vancouver, B.C.

Lawrence Dick, CEO

604.688.9588

lawrence.dick@barongroupintl.com

www.confederationmineralsltd.com

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.

Copyright (c) 2014 TheNewswire - All rights reserved.