Canadian International Minerals Appoints New CFO; Proposes Consolidation
Canadian International Minerals Appoints New CFO; Proposes Consolidation
October 2, 2017 – Vancouver, British Columbia – Canadian International Minerals Inc. (the
“ Company ”) (TSX-V: CIN; FRANKFURT: 25C1) is pleased to anno unce 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 approxi mately 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 sh areholder's holdings in the Company are
consolidated. The Company will not issue any fracti onal 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 opti ons 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