Continuum Grants Stock Options

Vancouver, British Columbia, June 22, 2007: Continuum Resources Ltd (TSXV:CNU) announces that it has granted incentive stock options to certain directors and consultants of the Company to purchase up to 400,000 common shares in the capital stock of the Company pursuant to an approved share option plan. The options are exercisable at a price of $0.55 per share on or before June 20, 2012, subject to the approval of the TSX Venture Exchange.

On behalf of Continuum Resources Ltd.

"R.G. McMorran"

R.G. McMorran, CA
Director and Chief Financial Officer

Renmark Financial Communications Inc.
Barry Mire : bmire@renmarkfinancial.com
Dan Symons : dsymons@renmarkfinancial.com
Tel. : (514) 939-3989
Fax : (514) 939-3717
www.renmarkfinancial.com

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