Canadian Mining Company arranges non-brokered private placement of up to 2,500,000 units at a price of $0.13 per unit



    Symbol: CNG - TSX.V

    TORONTO, June 6 /CNW/ - Canadian Mining Company Inc. (the "Company") is
pleased to announce, subject to regulatory approval, a non-brokered private
placement of up to 2,500,000 units at a price of $0.13 per unit, each unit
consisting of one common share and one-half non-transferable share purchase
warrant. Each whole warrant will entitle the investor to purchase one
additional share at an exercise price of $0.18 per share for one year from the
date of closing.
    The Company will pay finders fees in connection with this financing in
accordance with TSX Venture Exchange policy.

    On behalf of the Board
    Ray Paquette
    CEO

    Please see our web site for additional details: www.canadianmining.ca

    The TSX Venture Exchange has not reviewed and does not accept
    responsibility for the adequacy or accuracy of this release.

    %SEDAR: 00006089E




For further information:

For further information: Ray Paquette at (604) 684-3301

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Canadian Mining Company Inc.

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