TORONTO, ONTARIO--(Marketwire - Nov. 4, 2011) - Continental Nickel Limited (TSX VENTURE:CNI) ("Continental" or the "Company") announces the grant, pursuant to the Company's Stock Option Plan and subject to any regulatory approvals, a total of 350,000 incentive stock options to directors and an employee at an exercise price of $0.97 per share with a term of five years.

About Continental Nickel Limited

Continental is focused on the exploration, discovery and development of nickel sulphide deposits in geologically prospective, but under

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