(via Thenewswire.ca)
May 23, 2013
Trading Symbol CIN-TSX.V
The Company is pleased to announce that all items tabled at its Annual General and Special Meeting held on May 17, 2013, were approved by shareholders, including:
-election of Michael Schuss, Tor Bruland, Garth Evans, J. Casey Forward, and Christopher Verrico as directors;
-appointment of Mackay LLP as auditors and authorization of the directors to fix the auditors remuneration;
-approval of a 2013 stock option plan; and
-a special resolution of disinterested shareholder approving the repricing of stock options held by insiders of the Company.
The Company further announces that it has repriced the following stock options:
-250,000 common shares at a price of $0.53 per share until February 1, 2016; and
-2,750,000 common shares at a price of $0.21 per share until April 21, 2016.
All of the foregoing options have been repriced to $0.10 per share, subject to the acceptance of the TSX Venture Exchange. The term of the options remains the same. Details of the insider repricings are disclosed in the Company's Information Circular dated April 22, 2013 which is available on SEDAR at www.sedar.com.
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.cdnintlminerals.com.
CANADIAN INTERNATIONAL MINERALS INC.
Suite 1130 - 789 West Pender Street
Vancouver, BC, V6C 1H2
Tel: 604-241-2254 Fax: 604-669-9335
m.e.schuss@gmail.com
www.cdnintlminerals.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."
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