China Minerals Closes 1 St Tranche of Private Placement
For Immediate Release December 19, 2017
CHINA MINERALS CLOSES 1 ST TRANCHE OF PRIVATE
PLACEMENT
China Minerals Mining Corporation (“China Minerals” or the “Company”) (TSX-V: CMV,
US: HWTHF) is pleased to announce that it has closed the firs t tranche of 4,520,000 units of
a non-brokered, private placement (the “ Offering ”) announced in a press release dated
November 28, 2017 for proceeds of $904,000. Each U nit is comprised of one common share
and one share purchase warrant (a “ Warrant ”). Each Warrant will be exercisable into a
common share (a “ Warrant Share ”) in the capital of the Company at a price of $0.3 0 per
Warrant Share up to 5:00 pm (Vancouver time) on the second anniversary of the date of
issuance of the Units. The Units are subject to a hold period expiring on April 13, 2018. The
Company intends to use the proceeds from the Offeri ng for exploration and maintenance of
the Company’s current property, for assessing new projects and for general working capital.
The Company also wishes to announce the appointment of Mr. Zonglin Zhang to the
Company’s board of directors. Mr. Zhang has 15 yea rs of experience in the exploration,
evaluation and investment of mining companies. He h as been the investment director of Gold
Mountains Asset Management Limited since September 2013. Mr. Zhang previously served
as a geologist and investment manager of Zijin Mini ng Group between 2001 and 2013. Mr.
Zhang received a Master degree in Finance from the Beijing Normal University in 2008, and a
Bachelor of Arts degree in geology from the China U niversity of Geo-Science (Wuhan) in
2001.
Wenhong Jin, the Company’s President, has been appo inted Chief Executive Officer of the
Company. Furthermore, Mr. Jin has also been appoint ed the sole director and officer of the
Company’s wholly-owned subsidiary, Cassiar Gold Corp.
About China Minerals Mining Corporation
China Minerals Mining Corporation is a Canadian bas ed exploration and development
company with offices located in Vancouver, B.C. and Beijing, China. China Minerals' goal is to
build an international mining company.
For more information on China Minerals, please cont act the Company at (604) 694-2344, or
visit the Company's website at www.chinamineralsmining.com.
ON BEHALF OF THE COMPANY
"signed by Wenhong Jin"
Wenhong Jin
President, CEO
Neither TSX Venture Exchange nor its Regulation Ser vices Provider (as that term is defined in the
policies of the TSX Venture Exchange) accepts respo nsibility for the adequacy of accuracy of this
release.
Cautionary Statement Regarding “Forward-Looking” Information
Statements in this news release that are forward-lo oking statements are subject to various risks and
uncertainties concerning the specific factors disclosed here and elsewhere in China Minerals’ periodic
filings with Canadian securities regulators. When u sed in this news release, words such as “will”,
“could”, “plan”, “estimate”, “expect”, “intend”, “may”, “potential”, “appear”, “should,” and similar
expressions, are forward-looking statements.
Although China Minerals has attempted to identify i mportant factors that could cause actual results,
performance or achievements to differ materially fr om those contained in the forward-looking
statements, there can be other factors that cause r esults, performance or achievements not to be as
anticipated, estimated or intended. There can be no assurance that such information will prove to be
accurate or that management's expectations or estim ates of future developments, circumstances or
results will materialize. As a result of these risk s and uncertainties, the results or events predicte d in
these forward looking statements may differ materially from actual results or events.
Accordingly, readers should not place undue relianc e on forward-looking statements. The forward-
looking statements in this news release are made as of the date of this news release, and China
Minerals disclaims any intention or obligation to u pdate or revise such information, except as require d
by applicable law.