Canadian International Minerals Inc. Announces Flow-Through and Non Flow-Through Private Placements
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April 20, 2017 For Immediate Release
News Release TSX-V:
CIN
Canadian International Minerals Inc. Announces Flow-Through and
Non Flow-Through Private Placements
April 20, 2017 – Vancouver, British Columbia – Canadian International Minerals Inc.
(the “Company”) (TSX-V: CIN; FRANKFURT: 25C1) annou nces that it has arranged,
subject to TSX Venture Exchange acceptance, private placements as follows:
● 2,000,000 flow-through units at a price of $0.05 p er unit, for a total of $100,000.
Each flow-through unit consists of one flow-through common share for the
purposes of the Income Tax Act (Canada), and one transferable non flow-
through common share purchase warrant, exercisable at a price of $0.07 per
share for a period of 12 months from the date of is sue.
● 2,000,000 non flow-through units at a price of $0. 025 per unit, for a total of
$50,000. Each non flow-through unit will consist of one common share and one
transferable share purchase warrant, exercisable at a price of $0.05 per share for
a period of 36 months from the date of issue.
The proceeds of the non flow-through private placement will be used as follows:
Description Amount
Michael Schuss, President & CEO $5,000.00
Office and Administration $3,000.00
TSX Venture Exchange - Sustaining Fees $3,000.00
Legal / Paralegal $5,000.00
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Accounts Payable $15,000.00
Unallocated working capital $19,000.00
Total $50,000.00
The proceeds of the flow-through private placement will be used to advance the
Company’s exploration projects.
All securities issued under the placements will be subject to four-month hold periods.
Finders’ fees may be payable in whole or in part on the placements, pursuant to the
policies of the TSX Venture Exchange.
Additionally, the Company wishes to announce that i t will not be proceeding with the
Letter of Intent to acquire the Tisova project in t he Czech Republic (see news release
dated August 3, 2016).
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 ev ents. Such forward-looking
information can include without limitation statemen ts based on current expectations
involving a number of risks and uncertainties and a re not guarantees of future
performance of the Company. The following are impo rtant 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 futu re profitability; and the uncertainty of
access to additional capital. These risks and unce rtainties could cause actual results
and the Company's plans and objectives to differ ma terially from those expressed in the
forward-looking information. Actual results and future events could differ materially from
anticipated in such information. These and all sub sequent written and oral forward-
looking information are based on estimates and opin ions of management on the dates
they are made and expressed qualified in their enti rety by this notice. The Company
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assumes no obligation to update forward-looking inf ormation 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.