Nirek Resources Withdraws Offer for Century Mining

ONTARIO, CANADA--(Marketwire - Dec. 31, 2008) - Nirek Resources Inc. ("Nirek") (FRANKFURT:3N6) (Gold Warrant:CA6546411175) today announced that it has withdrawn its takeover bid due to technical reasons for Century Mining Corporation (TSX VENTURE:CMM), which was announced on December 4, 2008. Nirek will notify the depositories in Canada and the U.S. that the offer has been withdrawn and instruct them to return all shares that have been deposited.

Nirek is also terminating its option on the Kirana Mine, Kirkland Lake on the recommendation of consulting geologist, Dr. Derek McBride. After careful analysis, it was determined that the property no longer fits the company's strategic goals.

Nirek is focusing on acquiring and developing properties with potential resources of a minimum of 1 million ounces of gold. The company has obtained the services of Dr. McBride to become a Special Advisor to Nirek's Board to help realize its objectives on its present and under consideration exploration and development projects. Dr. Derek McBride is an internationally respected geologist who is credited with the discovery of two major gold deposits in Canada and Australia.

About Nirek Resources Inc.

Nirek Resources Inc. ("Nirek") is a Canadian exploration company specializing on exploring for precious and base metals. The company is focused on acquiring gold and precious metal properties with proven reserves through a series of joint ventures, mine and property acquisitions.

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: The statements contained herein which are not historical are forward-looking statements that are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements, including, but not limited to, certain delays beyond the company's control with respect to market acceptance of new technologies or products, delays in testing and evaluation of products, and other risks detailed from time to time in the Company's filings.

Outstanding Shares: 17,044,352