Cline grants options to Board & Management


    TORONTO, July 9 /CNW/ - Cline Mining Corporation ("Cline" or the
"Company") (TSX: CMK) announces that it has granted 2,850,000 options to its
Board, Management and Consultants. The options, which vest immediately, are
exercisable at $2.44/share and expire June 27, 2013.

    About Cline Mining

    Cline Mining Corporation is a mine development company focused on the
exploration and development of metallurgical steel making coals in Canada and
the U.S., iron ore in Madagascar, gold in northern Ontario, Canada and it
holds uranium investments in Madagascar.


    Ken Bates, President and Chief Executive Officer

    Forward Looking Information

    All statements, other than statements of historical fact, contained in
this news release, including any information as to the Company's current
expectations with respect to the potential acquisition and future development
of the New Elk Coal Properties, constitute "forward-looking information"
within the meaning of applicable securities laws. Words such as "intend",
"may", "will", "plan", "potential" or similar words suggesting future outcomes
identifies forward looking information, which is, by its very nature, not a
guarantee of Cline's future operational or financial performance, and are
subject to risks and uncertainties, both known and unknown, as well as other
factors that could cause the Company's actual results to differ materially
from those expressed or implied in any forward-looking information made by, or
on behalf of, the Company. Readers are cautioned not to place undue reliance
on forward-looking information. By its nature, forward-looking information
involves numerous assumptions, known and unknown risks and uncertainties, of
both a general and specific nature, that could cause actual results to differ
materially from those suggested by the forward-looking information or
contribute to the possibility that predictions, forecasts or projections will
prove to be inaccurate. These factors include, but are not limited to:
uncertainty related to the Company's title to its properties; liabilities
inherent in coal mine development and production; geological, mining and
processing technical problems; the Company's inability to obtain required mine
licenses, mine permits and regulatory approvals required in connection with
mining and coal processing operations; dependence on third party coal
transportation systems; competition for, among other things, capital,
acquisitions of reserves, undeveloped lands and skilled personnel; changes in
commodity prices and exchange rates; changes in steel-making methods and other
technological changes; the oversupply of, or lack of demand for, metallurgical
coal; currency and interest rate fluctuations; various events which could
disrupt operations and/or the transportation of coal products, including
labour stoppages and severe weather conditions; the demand for and
availability of rail, port and other transportation services; the other
factors discussed under "Risk Factors" in Cline's 2007 Annual Information
Form; and management's ability to anticipate and manage the foregoing factors
and risks. Information relating to the magnitude or quality of mineral
deposits is deemed to be forward-looking information. Head Offices: Toronto
Office: TD Canada Trust Tower, 161 Bay Street, 27th Floor, Toronto, ON M5J 2S1
/ Vancouver Office: Suite 2950 - 650 West Georgia Street, Vancouver BC V6B 4N8
The reliability of such information is affected by, among other things:
uncertainty of estimates of their size or composition; uncertainty of
projections relating to costs or production, transportation or estimates of
market prices for products; the possibility of delays in mining activities;
changes in plans with respect to exploration, development projects or capital
expenditures; and various other risks including those relating to health,
safety and environmental matters. The Company cautions that the list of
factors set forth above is not exhaustive. Some of the risks, uncertainties
and other factors which negatively affect the reliability of forward-looking
information are discussed in the Company's public filings with the Canadian
securities regulatory authorities, including its most recent management
information circular, annual report, quarterly reports, material change
reports and news releases. Copies of the Company's Canadian public filings are
available at The Company further cautions that information
contained on, or accessible through, this website is current only as of the
date of such information and may be superseded by subsequent events or
filings. Except as required by applicable securities laws, the Company
undertakes no obligation to update publicly or otherwise revise any
information, including any forward-looking information, whether as a result of
new information, future events or other such factors that affect this

For further information:

For further information: Ken Bates, CEO, Office: (416) 572-2002, E-mail:, Website:

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Cline Mining Corporation

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