CaNickel announces state of the business

CaNickel announces state of the business

09.07.2012 Vancouver, British Columbia — CaNickel Mining Ltd. ("CaNickel" or the "Company"), are known, arranged by the interruption of work available in the Bucko Lake Nickel Mine, to 100 % The company is (See also our press release dated 16. More 2012), was canceled. However, the company has decided due to the unfavorable price of nickel, the Bucko Lake Nickel Mine to temporarily shut down and instead perform maintenance. During maintenance, the company will continue to optimize the mining plan and thus ensure a sustainable and profitable operation of the Bucko Lake. The company will also seek intensive efforts, advance the feasibility study for the project M11A and other exploration programs in the concession areas in the Thompson Nickel Belt.

The company has further announced, that Mr. Michael Hibbitts from the Board of Directors has resigned. The company would like to thank Mr. Hibbitts for his dedication and service to CaNickel. Mr. Raymond Lai was reappointed to the Board of Directors.

Mr. Raymond Lai concluded 1975 his bachelor's degree in Business Studies from the University of Calgary and is a member of the Professional Association Certified Management Accountants of Alberta. Mr. Lai has more than ten years of success as a manager for listed companies in the mining, Manufacturing- and packaging industries and is currently Chairman, Chief Executive Officer und President von Maple Leaf Reforestation Inc., a society, their shares on the Toronto Stock Venture Exchange traded. Mr. Lai is CaNickel with more than 30 Years of experience in business- and financial management support significantly.

The company has announced, that Dr. Dianmin Chen 17. July 2012 resign for personal reasons as chief executive officer and member of the Board of Directors will. Mr. Liu Wenfeng, Chairman des Board of Directors, is according to Dr. Chen's resignation and to hold office until the new Chief Executive Officer of the function as Interim Executive Officer to take. To strengthen the management, Mr. Brian Miller as General Mine Manager of the Bucko Lake mine ordered. Brian is responsible for the implementation of planned maintenance on-site record.

Mr. Miller is CaNickel support as a mining engineer and the third generation with more than forty years of mining experience in many areas. Mr. Miller was able to expand his career from the mine planning and project management to the Chief of Engineering Services and was also next to the mine superintendent promoted to mine manager and finally as General Mine Manager. Mr. Miller has been with many companies like Kinross Gold, Westmin Resources, Noranda Inc. and approved contractors in British Columbia, Quebec and the United States worked. Prior to joining CaNickel Mr. Miller Mine General Manager at Roca Mines.


CaNickel Mining Limited is a Canadian junior mining company and the owner or. Operator of the Bucko Lake Nickel Mine near Wabowden (Manitoba). The company also owns nickel, Copper, and platinum group metal (PGM)-Projects in the Thompson Nickel Belt and Sudbury Basin.

For more information, please visit the website at or:

Derek Liu
CFO und Corporate Secretary

CaNickel Mining Limited
(vormals Crowflight Minerals Inc.)
PO Box 35 1655-999 West Hastings Street
Vancouver, British Columbia Canada V6C 2W2
Such: 778-372-1806 Fax: 604-254-8863

Cautionary Note Regarding Forward-Looking Information

This press release contains forward-looking statements under Canadian securities laws. Among the forward-looking statements – not limited to – and statements with respect to the optimized extraction planning, ensure a sustainable and profitable operation of the Bucko Lake, and statements with respect to the intensive efforts, advance the feasibility study for the project M11A and other exploration programs in the concession areas in the Thompson Nickel Belt. Generally, forward-looking statements are based on the use of forward looking terminology to identify, such as e.g.. „plant“, "Expected", "Not expected", "Expected", "Budgeted", "Estimates", "Forecasts", "Intends", "No intention", "Believes" or. Variations of such words and phrases or statements, that certain actions, Events or results "may", "Could", "Might" or "will". Forward-looking statements are based on the opinions and estimates of management at the time the statements are made. Forward-looking statements involve known and unknown risks, Uncertainties and other factors, which may cause, the actual results, the level of activity, performance or achievements to differ materially from those, The forward-looking statements are expressed in or implied by. These include, among other things,, but not limited to, those risks, described in the Company on SEDAR at published annual reports. The management of the Company has attempted to, identify important factors, which may cause, the actual results to differ materially from those projected in the forward-looking statements contained results. It can also lead to other factors, that the results not as expected, estimated or intended. But it can not be guaranteed, that such statements will prove to be accurate, as. Actual results and future events could differ materially from such statements. Readers are therefore advised, that forward-looking statements are not reliable. The Company does not intend, to update any forward-looking statements, unless, This is required by applicable securities laws.

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