Confederation Minerals Announces Closing of Non-Brokered Private Placement

CONFEDERATION MINERALS LTD.

Suite 1980, 1075 West Georgia Street, Vancouver, British Columbia, V6E 3C9 Tel: 604 688 9588; Fax: 778 329 9361

Confederation Minerals Announces Closing of Non-Brokered Private Placement

Vancouver, B.C., April 30, 2015, Confederation Minerals Ltd. (TSX.V: CFM) is pleased to announce that on April 29, 2015 it has closed its previously announced non-brokered private placement (the “Financing”) raising gross proceeds of $50,000 by the issuance of 1,000,000 units (each a “Unit”) at a price of $0.05 per Unit.

Each Unit consists of one (1) common share and one (1) common share purchase warrant (each a “Warrant”). Each Warrant entitles the holder thereof to purchase one additional common share of the Company at a price of $0.05 per share for a period of twelve (12) months from the closing date of the Financing.

All securities issued in this Financing are subject to a statutory hold period expiring on August 30, 2015.

The proceeds from the Offering will be used for general working capital and corporate purposes.

On behalf of the Board of Directors, Confederation Minerals Ltd.

“Lawrence Dick”

Lawrence A.Dick, Ph.D., P.Geo President, CEO, and Director

CORPORATE INQUIRIES Confederation Minerals Ltd.

Suite 1980, 1075 West Georgia Street Vancouver, B.C.

Lawrence Dick, CEO 604.688.9588 [email protected] www.confederationmineralsltd.com$M)

About CFM Confederation Minerals Ltd. is a British Columbia based company engaged in the business of acquisition, exploration and development of mineral properties. Its objective is to locate and develop economic precious and base metals properties of merit. Confederation Minerals Ltd. owns 70% of the Newman Todd project in the Red Lake Mining District of Northern Ontario, as well as 100% ownership in another property in the Red Lake Mining District of Ontario.