Mr. Michael Schuss reports

CANADIAN INTERNATIONAL MINERALS INC. ANNOUNCES MANITOU COBALT PROJECT TRANSACTION WITH CLEAN COMMODITIES CORP.

Canadian International Minerals Inc. has entered into an agreement with Clean Commodities Corp. in which Clean Commodities will acquire a 50-per-cent interest in the drill-ready Manitou cobalt project.

Highlights:

• Project was previously held by Kaminak Gold Corp. (since acquired by Goldcorp).
• Historic cobalt sample of 0.46 per cent Co.
• AeroTEM II survey by Kaminak identified numerous conductors believed to be caused by magmatic sulphides.
• Additional high-grade historic samples of up to 3.19 per cent copper, 1.06 per cent nickel and four grams per tonne platinum-palladium-gold.
• Inaugural field sampling/mapping work program planned for late second quarter/early third quarter 2017, financed by Clean Commodities.
• An objective of the upcoming field program will be to confirm drill site locations previously identified by Kaminak for a potential drill campaign in Q3 2017, financed under a joint venture structure.

"The Manitou cobalt-nickel-[platinum-group-element] project is an advanced exploration project which has attracted considerable technical interest within our industry. We are pleased to be working with Canadian International to move this high-impact nickel-cobalt exploration project forward during 2017," commented Ryan Kalt, chief executive officer of Clean Commodities.

About the Manitou cobalt-nickel-PGE project

The Manitou cobalt-nickel-PGE project is located in Quebec, Canada, and consists of two subproject areas, Manitou and Return Lake. The Manitou project area encompasses one claim block totalling 2,174 hectares and the Return Lake project area encompasses four claim blocks totalling 1,577 hectares.

At Manitou, initial priority will be assigned to four target areas identified by way of past work by Kaminak, referenced as the NE1, NE2, NE3 and NE7 targets, including enhancement of the company's confidence in the proposed drill targets and collar locations.

At Return Lake, initial interest is the examination of a large-scale electromagnetic anomaly defined by Kaminak and referenced as the C1 target. The target coincides with an olivine showing cross-referenced to government data in the central portion of the anomaly which may correlate to a mafic/ultramafic intrusion.

Transaction terms

Under the agreement, Clean Commodities will finance an inaugural sampling/mapping exploration program at the project of no less than $50,000, as well as pay for certain claim renewal fees. Subsequent to the initial exploration program, Clean Commodities and Canadian International shall jointly conduct exploration at the project under a 50/50 joint venture arrangement, subject to customary conditions and with Clean Commodities as the initial operator.

Qualified person

Thomas Hasek, PEng, a technical adviser of Canadian International and a qualified person under National Instrument 43-101, has reviewed and approved the technical information provided in this news release.

About Canadian International Minerals Inc.

Canadian International Minerals is a junior mining exploration company focused on early-stage exploration projects.

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