Stornoway Diamond Corp. To Participate in Pikoo East Option With Canadian International Minerals Inc. and North Arrow Minerals Inc

Vancouver, British Columbia / ACCESSWIRE / November 21, 2014 / Canadian International Minerals Inc. ("CIN" or the "Company") (TSX-V:CIN.V - News) has been notified by North Arrow Minerals Inc. ("North Arrow") (TSX-V:NAR.V - News) that Stornoway Diamond Corp. ("Stornoway") (TSX:SWY.TO - News) has exercised its right to participate in the Pikoo East option agreement between CIN and North Arrow.

North Arrow and Stornoway will conduct the work through their pre-existing joint venture on the Pikoo diamond project, and will fund the work in proportion to their respective interests in said project. All other terms of the option agreement announced September 23, 2014 remain the same.

North Arrow and Stornoway may earn a 70% interest in the Pikoo East properties by funding exploration and evaluation of the Properties to a kimberlite discovery (including drilling, sampling, and indicator mineral testing) on any of the Properties within a three year option period.

Pikoo East Properties

11 till samples have been collected on the Pikoo East properties under the option agreement. The samples have been submitted to Microlithics Laboratories Inc. of Thunder Bay, Ontario for kimberlite indicator mineral (KIM) processing. Results are expected in early 2015, and details on the processing method can be found at www.microlithics.com/kim-laboratory/

The Pikoo East properties are comprised of 5 claims totalling 3,447 hectares. The A group directly adjoins North Arrow / Stornoway's Pikoo property, and the B group lies approximately 7 km northeast of Pikoo's northern boundary. A map of the properties can be found on the Company's website at www.cin-v.com/#!saskatchewan-diamonds/c159e

About Canadian International Minerals Inc.

In addition to the Pikoo East properties, CIN has acquired over 110,000 hectares of claims in the vicinity of the Pikoo diamond discovery, the majority of which cover a major regional fault structure (Tabbernor Fault). These claims were staked after re-analysis of historical airborne magnetic and EM data.

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.