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EGR.V ·

Canadian International Minerals Appoints New CFO; Proposes Consolidation

Management Changes

October 2, 2017 – Vancouver, British Columbia – Canadian International Minerals Inc. (the “Company”) (TSX-V: CIN; FRANKFURT: 25C1) is pleased to announce that Geoff Balderson has been appointed Chief Financial Officer of the Company.

Mr. Balderson is the President of Harmony Corporate Services Ltd., a private business consulting company located in Vancouver, British Columbia. Mr. Balderson has been an officer and director of several TSX Venture listed companies over the past 15 years. Prior to that, he was an investment advisor at Union Securities and Georgia Pacific Securities Corp.

Casey Forward has resigned as CFO but will continue to serve on the Company’s Board until the annual general and special meeting of shareholders scheduled for October 26, 2017 (the “AGM”). The Company would like to thank Mr. Forward for his hard work and dedication over the past seven years in his role as Chief Financial Officer.

The Company also announces that it will propose to its shareholders at the AGM a resolution approving a consolidation of its common shares on an up to 20 old for one new share basis.

There are currently 55,312,401 common shares issued and outstanding. Should a 20 to 1 share consolidation be implemented, there will be approximately 2,765,620 common shares issued and outstanding. The exact number of post-consolidated shares will vary depending on the treatment of fractional shares, which will occur when each shareholder's holdings in the Company are consolidated. The Company will not issue any fractional common shares as a result of the consolidation. Instead, all fractional shares resulting from the consolidation will be rounded down to the nearest whole number. Outstanding stock options and share purchase warrants will also be adjusted by the consolidation ratio and the respective exercise prices adjusted accordingly.

ON BEHALF OF THE BOARD Michael Schuss, President & CEO

For further information, please contact:

Canadian International Minerals Inc.

Michael E. Schuss President and CEO Phone: 604-241-2254 Website: www.cin-v.com