Canada Fluorspar Inc. (TSX VENTURE:CFI) (the "Company") is pleased to announce
that the Company will hold an official ribbon cutting ceremony in St. Lawrence,
Newfoundland on August 11, 2011 at 1:00 p.m. to initiate the commencement of
construction of its fluorspar project. The event will be held at the Company's
main office and mill building, followed by a ribbon cutting ceremony and
reception at the St. Lawrence Recreation Centre lounge.


Pursuant to the Company's news release dated June 15, 2011, CFI is well advanced
on the full funding of its St. Lawrence project through a strategic partnership
with Arkema which is expected to result in the Company commencing commercial
production by mid 2013.


"We are extremely pleased with the progress made to date and look forward to
working with Arkema, the Province of Newfoundland and Labrador and the Town of
St. Lawrence in the months and years ahead," noted Lindsay Gorrill, President
and Chief Executive Officer of Canada Fluorspar Inc. "We have much work ahead of
us and will communicate our ongoing progress and success as we build shareholder
value."


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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