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Dear Agoracom Family,

I want to thank all of you for your patience with us over the past 48 hours and apologize for what was admittedly a botched launch of our new site.

As you can see, we have reverted back to the previous version of the site while we address multiple forum functionality flaws that inexplicably made their way into the launch.

To this end:

1.We have identified 8 fundamental but easily fixable flaws that will be corrected in the coming week, so that you can continue to use the forums exactly as you've been accustomed to.

2.Additionally we will also be implementing a couple of design improvements to "tighten up" the look and feel of the forums.

Sincerely,

George et al

Message: Sajjad Ebrahim Holds 16.4% of Continental Precious Minerals Inc.

Sajjad Ebrahim Holds 16.4% of Continental Precious Minerals Inc.

posted on May 07, 2009 01:01PM
May 7, 2009
Sajjad Ebrahim Holds 16.4% of Continental Precious Minerals Inc.
TORONTO, ONTARIO--(Marketwire - May 7, 2009) - Sajjad Ebrahim, in his personal capacity and through his indirect holdings ("Ebrahim") holds 7,724,800 common shares ("Common Shares") and 900,000 warrants (the "Warrants") of Continental Precious Minerals Inc. ("CZQ") representing 16.4% of the approximately 51,393,211 Common Shares issued. Ebrahim purchased an additional 900,000 units (1 common share and 1 warrant) through a private placement transaction at a price of $0.50 per unit. The warrants are exercisable at a price of $0.75 and expire May 6, 2012. Prior to this purchase Ebrahim held 6,824,800 Common Shares. Ebrahim acquired the Common Shares and Warrants in CZQ for investment purposes.

Ebrahim will evaluate its ownership position in the Common Shares from time to time, and depending upon CZQ's business and prospects, the financial circumstances and needs of Ebrahim and future developments (including, but not limited to, availability of funds, alternative use of funds and general economic and market conditions), Ebrahim may from time to time purchase Common Shares of CZQ, dispose of all or a portion of the Common Shares of CZQ it holds, or cease buying or selling Common Shares of CZQ.
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