Canadian Metals Inc. Announces Brokered and Non Brokered Private Placements Consisting of Flow Through Shares and Debentures

MONTRÉAL, QUÉBEC–(Marketwired – Dec. 7, 2017) – Canadian Metals Inc. (The “Company”) (CSE:CME)(CSE:CME.CN)(CNSX:CME) is pleased to announce that it has entered this day into an engagement letter (the “Engagement Letter”) with Leede Jones Gable Inc. (the “Agent”) pursuant to which the Agent has agreed to act as lead manager, on a commercially reasonable effort basis, of a proposed offering of unsecured convertible 10% debentures (the “Debentures”) and Flow-Through shares (each a “FT Share”) of the Company to raise gross proceeds of up to a maximum of $1,750,200 by way of private placement pursuant to applicable exemptions from the prospectus requirements (the “Brokered Private Placement”).