Closes Private Placement

Canadian International Minerals Inc.

Closes Private Placement

December 16, 2016, Vancouver, British Columbia – Canadian International Minerals Inc. (the

“ Company ”) (CIN – TSX Venture) is pleased to announce that it has closed its private placement of

1,620,000 units at $0.025 per unit for total gross proceeds of $40,500. Each unit consists of one common

share and one transferable share purchase warrant, each warrant exercisable into one additional common

share at a price of $0.05 per share until December 16, 2018.

All securities issued under the placement are subject to statutory hold periods expiring April 17, 2017.

The proceeds of the private placement will be used as follows:

Pay Directors and Officers $15,000.00

Legal and AGM costs $ 5,000.00

Office and administration $ 5,000.00

General working capital $15,500.00

Total $40,500.00

ON BEHALF OF THE BOARD

Michael Schuss, President and 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

Forward-looking Information

This news release contains projections and forward- looking information that involve various risks and

uncertainties regarding future events. Such forwar d-looking information can include without limitatio n

statements based on current expectations involving a number of risks and uncertainties and are not

guarantees of future performance of the Company. T he following are important factors that could cause

the Company’s actual results to differ materially f rom those expressed or implied by such forward

looking statements; the uncertainty of future profi tability; and the uncertainty of access to addition al

capital. These risks and uncertainties could cause actual results and the Company's plans and objecti ves

to differ materially from those expressed in the fo rward-looking information. Actual results and futu re

events could differ materially from anticipated in such information. These and all subsequent written and

oral forward-looking information are based on estim ates and opinions of management on the dates they

are made and expressed qualified in their entirety by this notice. The Company assumes no obligation t o

update forward-looking information should circumsta nces 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.