Canadian International Minerals Inc. Increases Debt Settlement


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TSX.V:CIN
07/18/2014 [ACCESSWIRE]

Vancouver, BC / ACCESSWIRE / July 18, 2014 / Canadian International Minerals Inc. (the "Company") (CIN - TSX Venture) announces that further to its news release of June 20, 2014, it has increased the amount of debt it will settle, subject to the acceptance of the TSX Venture Exchange. The Company will now settle a total of $73,750.82 worth of debt to arm's length parties by the issuance of 921,885 common shares of the Company at a deemed price of $0.08 per share. All shares issued pursuant to the debt settlement will be subject to the standard four month and one day regulatory hold periods.

ON BEHALF OF THE BOARD

Michael E. Schuss
President and Chief Executive Officer

For further information on Canadian International Minerals Inc. please visit the Company website at www.cin-v.com.

"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."

 

SOURCE: Canadian International Minerals Inc.  

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