Cannon Point Resources Ltd. Announces Stock Option Grant

TSXV: CNP

VANCOUVER, April 24, 2014 /CNW/ - Cannon Point Resources Ltd. (the "Company") Pursuant to the Company's Stock Option Plan, the Company has granted a total of 100,000 incentive stock options to a director of the Company. The options are exercisable at a price of $0.15 per share for a period of 10 years, subject to regulatory approval.

ON BEHALF OF THE BOARD OF DIRECTORS

               "Jay Sujir"
Per:                                         
               Jay Sujir
               Director

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 NEWS RELEASE

SOURCE Cannon Point Resources Ltd.

For further information: Jay Sujir, Director, Tel: (604) 609-6110