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Canadian International Minerals Inc. Corporate Update

V.EGR

(via Thenewswire.ca)



Vancouver, British Columbia / TheNewswire / August 18, 2016 – Canadian International Minerals Inc. (the “Company”) (TSX-V: CIN) announces that it will not be pursuing any further development of the Leduc Lithium Brine project, located in west-central Alberta. Accordingly, the project has been sold to Zimtu Capital Corp.

 

The Company intends to focus all efforts on the Tisova Copper-Cobalt project in Czech Republic, and the Lac Manitou Nickel-Copper-Cobalt-PGM project in Quebec. The Company will be announcing 2016 exploration plans in the coming days.

 

For further information, please contact:

 

Canadian International Minerals Inc.

Michael E. Schuss

President and CEO

Phone: 604-241-2254

 

Website:  www.cin-v.com

 

Forward-looking Information

 

This news release contains projections and forward-looking information that involve various risks and uncertainties regarding future events.  Such forward-looking information can include without limitation statements based on current expectations involving a number of risks and uncertainties and are not guarantees of future performance of the Company.  The following are important factors that could cause the Company’s actual results to differ materially from those expressed or implied by such forward looking statements; the uncertainty of future profitability; and the uncertainty of access to additional capital.  These risks and uncertainties could cause actual results and the Company's plans and objectives to differ materially from those expressed in the forward-looking information.  Actual results and future events could differ materially from anticipated in such information.  These and all subsequent written and oral forward-looking information are based on estimates and opinions of management on the dates they are made and expressed qualified in their entirety by this notice. The Company assumes no obligation to update forward-looking information should circumstances or management's estimates or opinions change.

 

Neither the 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.

 

Copyright (c) 2016 TheNewswire - All rights reserved.