News

Callinex Identifies High Priority Target near Sourdough Deposit

Highlights: Drill hole SDB-004 expanded mineralization associated with the Sourdough deposit approximately 350m down-plunge from the historic deposit; A Borehole Pulse ElectroMagnetic survey (“BPEM”) completed on SDB-004 identified a large and highly conductive off-hole geophysical target; The modeled size and conductivity of the new BPEM target far exceeds that from the BPEM response associated with

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Callinex Expands the Pine Bay East Zone and Intersects 2.3m of 9.3% Zinc Equivalent

Highlights: An 85m step-out hole from PBM-008, the initial discovery hole, intersected 2.3m of 9.3% zinc equivalent; A total of four holes have intersected mineralization along an approximate 175m strike length; and Plans to complete a deep hole testing the down-plunge extension of the Pine Bay East Zone. Vancouver, British Columbia – May 31, 2016

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Callinex Acquires Portfolio of Zinc Assets from Slam Exploration

Highlights: Callinex has agreed to acquire 100% ownership in the Superjack and Nash Creek deposits located in the Bathurst Mining Camp of New Brunswick, Canada; The Superjack Project ‘A Zone’ hosts a near-surface Inferred resource of 2.9 Mt grading 3.2% Zn, 0.8% Pb, 0.23% Cu and 30.6 g/t Ag; The Nash Creek Project includes a

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Callinex Acquires the 14.1Mt Point Leamington VMS Deposit

Highlights: Callinex has agreed to acquire 100% ownership of the Point Leamington Project from Newmarket Gold Inc.; The Project hosts an Inferred resource of 14.1 Mt grading 6.2% Zn Eq., that starts at surface and extends to a vertical depth of 350m, where high-grade mineralization is open for expansion; and The last exploration drilling campaign

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Callinex Closes Oversubscribed $4.2 Million Private Placement

Vancouver, British Columbia – May 13, 2016 – Callinex Mines Inc. (the “Company” or “Callinex”) (TSX-V: CNX; OTCQX: CLLXF) is pleased to announce that it has closed an oversubscribed $4.2 million non-brokered private placement financing (the “Financing”). The Financing was increased in size from an initial $1.0 million to $2.75 million before ultimately closing at

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Callinex Closes Initial Tranche of Private Placement

NOT FOR DISSEMINATION IN THE UNITED STATES OR THROUGH U.S. NEWSWIRES Vancouver, British Columbia – May 12, 2016 – Callinex Mines Inc. (the “Company” or “Callinex”) (TSX-V: CNX; OTCQX: CLLXF) is pleased to announce that the initial tranche of the previously announced non-brokered private placement financing (the “Financing”) totaling $3.5 million has been completed (see

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Callinex Increases Private Placement to $4.2 Million

NOT FOR DISSEMINATION IN THE UNITED STATES OR THROUGH U.S. NEWSWIRES Vancouver, British Columbia – May 4, 2016 – Callinex Mines Inc. (the “Company” or “Callinex”) (TSX-V: CNX; OTCQX: CLLXF) is pleased announce that it has increased its previously announced non-brokered private placement financing (see news release dated April 25, 2016) to CAD $4.2 million

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Callinex Increases Private Placement to $2.75 Million

Vancouver, British Columbia – April 26, 2016 – Callinex Mines Inc. (the “Company” or “Callinex”) (TSX-V: CNX; OTCQX: CLLXF) is pleased announce that it has increased its previously announced non-brokered private placement financing (see news release dated April 25, 2016) to CAD $2.75 million (the “Offering”). The Offering will now consist of up to 5,833,333

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Callinex Intersects Near-Surface Mineralization over 10.6m Grading 1.4% Cu and Plans to Raise Additional Capital

Highlights: Newly interpreted Lower VMS Horizon is largely untested to the south and at depth; The first four holes drilled into this prospective new VMS horizon during the winter program intersected significant copper mineralization accompanied by intense black chlorite alteration; and Private placement announced to raise up to $1,000,000 to facilitate continued exploration activities. Vancouver,

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Callinex Provides Update On Winter Drilling Program

Vancouver, British Columbia – April 4, 2016 – Callinex Mines Inc. (the “Company” or “Callinex”) (TSX-V: CNX; OTCQX: CLLXF) is pleased to announce that it has completed the 2016 winter drilling campaign (the “Campaign”) at the Pine Bay Project located near Flin Flon, Manitoba. The 12-hole, 6,968m drill program was successful in testing several previously

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