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Canadian International Minerals Inc. Acquires 100% Interest in Pikoo Extension Properties in Emerging Saskatchewan Diamond Camp

Friday, 12 September 2014 10:25 AM

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Vancouver, British Columbia / ACCESSWIRE / September 12, 2014, / Canadian International Minerals Inc. ("CIN" or the "Company") (TSX-V: CIN) announces that it has acquired a 100% interest in three properties collectively called the Pikoo Extensions A, B and C (the "Properties") from three private arm's length individuals.

The Company will pay $3,239 (staking costs) and issue 600,000 common shares the vendors. The three claim groups are comprised of 8 claims totalling 4,207 hectares (10,395 acres). There are no royalties or further commitments by CIN other than assessment requirements to maintain the properties as per Saskatchewan government regulations. The Pikoo Extension A group directly adjoins North Arrow Minerals Inc.'s (TSX-V: NAR) Pikoo property to the northeast, with Pikoo Extension B and C lying approximately 7 kilometers northeast of North Arrow's Pikoo's northern boundary. A map of the properties can be found on the Company's website.

North Arrow has made a new diamondiferous kimberlite discovery in the Saskatchewan craton, establishing a new diamond exploration region that is under-explored by Canadian standards. The Pikoo Extension Properties cover a major regional fault structure (Tabbernor Fault) in the Saskatchewan Craton, and are centered approximately 140 km east of La Ronge, Saskatchewan. With these latest additions, the Company is now exposed to approximately 114,938 hectares of prospective ground in the emerging Pikoo Diamond Camp.

On behalf of the Board of Directors,

"Michael E. Schuss"

Michael E. Schuss

President and Chief Executive Officer

The technical data in this news release has been reviewed by Thomas Hasek, P. Eng., a Qualified Person under the terms of N.I. 43-101. The transaction is subject to the acceptance of the TSX Venture Exchange.

For further information on Canadian International Minerals Inc. please visit the company website at www.cin-v.com or contact Michael E. Schuss at 604-241-2254.

Neither 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.


CAUTION CONCERNING FORWARD-LOOKING STATEMENTS: Some of the statements contained herein may be forward-looking statements which involve known and unknown risks and uncertainties. Without limitation, statements regarding potential mineralization and resources,
exploration results, and future plans and objectives of the Company are forward looking statements that involve various risks. The following are important factors that could cause the Company's actual results to differ materially from those expressed or implied by such forward looking statements: changes in the world wide price of mineral commodities, general market conditions, risks inherent in mineral exploration, risks associated with development, construction and mining operations, the uncertainty of future profitability and the uncertainty of access to additional capital. There can be no assurance that forward-looking statements will prove to be accurate as actual results and future events may differ materially from those anticipated in such statements. Canadian International Minerals Inc. undertakes no obligation to update such forward-looking statements if circumstances or management's estimates or opinions should change. The reader is cautioned not to place undue reliance on such forward-looking statements 

SOURCE: Canadian International Minerals Inc.   

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