Mr. Michael Schuss reports

CANADIAN INTERNATIONAL MINERALS INC. COMPLETES DATABASE TRANSACTION WITH KAMINAK GOLD CORP.

Canadian International Minerals Inc. has completed the transaction with Kaminak Gold Corp. for the purchase of an extensive proprietary database on the company's recently acquired Lac Manitou property. In consideration for the acquisition, the company issued a total of 3.5 million units to Kaminak, each unit consisting of one common share of the company and one share purchase warrant, with each warrant exercisable into an additional common share at a price of 10 cents per share until Feb. 11, 2019.

As a result of the transaction, Kaminak now holds 7.8 per cent of the company's current issued and outstanding common shares. Should Kaminak exercise all of its warrants, it would hold approximately 14.5 per cent of the company's common shares on a fully diluted basis, based on the current issued and outstanding common shares of the company.

"We welcome Kaminak as shareholders and hope to build on their support in a tough operating environment for junior explorers. We feel the Lac Manitou project hosts some of the best untested [nickel-copper-platinum-group-element] targets in Canada -- targets that likely would have been drill tested by Kaminak if not for their discoveries at the Coffee project in the Yukon. With the database transaction now completed, we will be undertaking a full review of the project, with the near-term goal of a spring ground-proofing program," stated Michael E. Schuss, president and chief executive officer of Canadian International.

Qualified person

The technical data in this news release have been reviewed by Thomas Hasek, PEng, a qualified person under the terms of NI 43-101.

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