Callinex Mines Inc. (CLLXF: OTCQX International) | Callinex Mines Inc.

OTC

VANCOUVER, Jan. 17, 2014 /PRNewswire/ – Callinex Mines Inc. (TSXV: CNX) (OTCQX:
CLLXF) is pleased to announce that it has received final title from the
Manitoba Department of Mines for the 17,500 hectares of Mineral
Exploration Licenses in Northern Manitoba previously reported as having
been applied for. This final government approval brings the land
package in the district to a total of 44,300 hectares in area. Callinex
is the sole holder of the Mineral Exploration Licenses, and several
additional mineral claims. The Company has acquired this land package
strategically, for the purpose of discovery-oriented graphite
exploration.

As previously reported, the property, called the “Neuron” property, was
the subject of a 1,850 line-kilometer VTEM survey conducted by the
company this past fall. The survey uncovered several areas of
conductivity coincident with magnetic lows, which the company’s
exploration team has identified as potential targets for graphite
mineralization. The Company has received a drill permit and access to
the property is being arranged via winter roads. The Company plans to
begin an exploration program at the earliest possible date.

In other news, JJ O’Donnell has made a transition away from his role as
President and CEO, and as a member of the board of directors to a
position as a technical advisor. Mr. O’Donnell has accepted a position
at a private mining company, and will no longer be able to make the
time commitment required of a chief executive. The company thanks him
for his service in his former role, and is pleased to be able to
continue to draw on his knowledge and experience as a technical
advisor.

Chairman Mike Muzylowski will step in as interim CEO and President in
Mr. O’Donnell’s absence.

On Behalf of the Board of Directors,

Mike Muzylowski

Mike Muzylowski

Chairman and CEO

JJ O’Donnell, a qualified person as defined by National instrument
43-101, has reviewed and approved the technical contents of this
release.

Neither the 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.

Some statements in this news release contain forward-looking
information. These statements include, but are not limited to,
statements with respect to future expenditures. These statements
address future events and conditions and, as such, involve known and
unknown risks, uncertainties and other factors which may cause the
actual results, performance or achievements to be materially different
from any future results, performance or achievements expressed or
implied by the statements. Such factors include, among others, the
ability to complete contemplated work programs and the timing and
amount of expenditures. Callinex does not assume the obligation to
update any forward-looking statement.

SOURCE Callinex Mines Inc.

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