CROWFLIGHT MINERALS INC. (Crowflight, the Company) (TSX VENTURE:CML) is pleased
to announce that the offer for up to Cdn$55 million in debt finance from RMB
Resources Inc. (RMB) has been has been approved by FirstRand's Underwriting
Committee.  RMB is arranging the finance as Agent for FirstRand Ireland Plc, the
Lender and underwriter of the debt finance package. Closing is anticipated by
the end of January.


The $55 million facility will be used to finance the remaining construction and
start-up of the Bucko Lake Nickel Mine near Wabowden, Manitoba. RMB is a
well-known arranger and provider of mining project finance. FirstRand is one of
South Africa's most prominent financial institutions.  Auramet Trading, LLC of
Fort Lee, New Jersey is advising Crowflight on this transaction.


Mike Hoffman, Crowflight's President and CEO commented: "Finalizing this debt
facility marks one of the milestones in our development of the Bucko Lake Nickel
Mine, as these funds provide the financial security to bring Bucko into
production by mid-2008. We are pleased with the confidence RMB has demonstrated
in our project by offering us this debt facility."


Further details about the debt finance are available in the Crowflight press
release dated January 10, 2008.


Crowflight Minerals - Canada's Next Nickel Producer

Crowflight Minerals Inc. (TSX VENTURE:CML) is a Canadian junior mining
exploration and development company focused on nickel, copper and Platinum Group
Mineral ("PGM") projects in the Thompson Nickel Belt and Sudbury Basin. The
Company currently owns and/or has under option approximately 800 square
kilometres of exploration and development properties in Manitoba and Ontario. 


Crowflight's priority is to bring the Bucko Nickel deposit located near
Wabowden, Manitoba into production by mid-2008.


Cautionary Note on Forward-Looking Information

Except for statements of historical fact contained herein, the information in
this press release constitutes "forward-looking information" within the meaning
of Canadian securities law. Such forward-looking information may be identified
by words such as "plans", "proposes", "estimates", "intends", "expects",
"believes", "may", "will" and include without limitation, statements regarding
approval and finalization of the debt facility, the benefits of the facility,
availability of financing, construction and permitting timelines and costs of
timing of production. There can be no assurance that such statements will prove
to be accurate; actual results and future events could differ materially from
such statements. Factors that could cause actual results to differ materially
include, among others, metal prices, competition, risks inherent in the mining
industry, and regulatory risks. Most of these factors are outside the control of
the Company. Investors are cautioned not to put undue reliance on
forward-looking information. Except as otherwise required by applicable
securities statutes or regulation, the Company expressly disclaims any intent or
obligation to update publicly forward-looking information, whether as a result
of new information, future events or otherwise.


TSX-V Trading Symbol: CML

Total Shares Outstanding: 249.7MM

Fully Diluted: 286.5MM

52-Week Trading Range: C$0.35 - $1.35

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