Canada Fluorspar Inc. (TSX VENTURE:CFI) (the "Company") announces that it
granted an aggregate of 950,000 stock options ("Options") pursuant to its stock
option plan to a total of nine directors and officers of the Company. All
Options were granted at an exercise price of $0.60 per share and shall vest upon
the Company commencing production at its St. Lawrence facility. The Options
expire on May 16, 2021. Directors of the Company do not receive fees for their
services and are granted Options in lieu thereof.


About the Company

The Company is a specialty mineral resource company engaged in the development
and production of fluorspar deposits at its property located in St. Lawrence,
Newfoundland, Canada, and is moving forward to reactivate existing underground
fluorspar mines, expand an existing mill, construct a new, environmentally-sound
Tailings Management Facility and build a new deep-water marine terminal in the
outer St. Lawrence Harbour for the export of fluorspar concentrate product. 


For more information please see: www.canadafluorspar.com.
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