(via Thenewswire.ca)
August 23, 2013
Trading Symbol CIN-TSX.V
The Company announces that it has arranged, subject to TSX Venture Exchange acceptance, a private placement of up to 3,000,000 flow-through units at a price of $0.05 per flow-through unit for total gross proceeds of up to $150,000. Each unit consists of one flow-through common share and one transferable share purchase warrant, each warrant exercisable into one non flow-through common share for a period of two years from the date of issue at a price of $0.05 per share in the first year and $0.10 per share in the second year of the term of the warrant.
The proceeds of the private placements will be used for qualified exploration expenditures on the Company's minerals properties.
ON BEHALF OF THE BOARD
Michael E. Schuss
President and Chief Executive Officer
For further information on Canadian International Minerals Inc. please visit the Company website at www.cdnintlminerals.com.
"Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release."
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