Atlantic Industrial Minerals Options Reefton Gold Project

ATLANTIC INDUSTRIAL MINERALS INC.

NEWS RELEASE

Atlantic Industrial Minerals Options Reefton Gold Project

HALIFAX, NOVA SCOTIA -- (Stockwatch May 6, 2013) – Greg Isenor, Director of Atlantic Industrial Minerals Incorporated. ("AIM") (NEX: ANL) announces:

Reefton Gold Project Property Payment

AIM is pleased to announce that is has reached an agreement to make a $25,000 payment due to CanAlaska Uranium Inc. for its 2013 option to purchase the 100% interest in the 14,000 hectare Reefton Gold Project in South Island, New Zealand. The payment of 333,334 Common shares at $0.075 per shares is subject to TSX acceptance.

On behalf of the Board

Colin J. MacDonald

President & CEO

Atlantic Industrial Minerals Inc.

Suite 820, Sun Tower 1550 Bedford Highway Bedford, NS B4A 1E6 Tel.: (902) 832-5555 Fax: (902) 832-2223

This press release includes certain statements that may be deemed "forward-looking statements". All statements in this release, other than statements of historical facts, that address future exploration drilling, exploration activities and events or developments that the Company expects, are forward looking statements. Although the Company believes the expectations expressed in such forward- looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in forward- looking statements. Factors that could cause actual results to differ materially from those in forward- looking statements include market prices, exploitation and exploration successes, continued availability of capital and financing, and general economic, market or business conditions.

Neither the NEX 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.