Exercise of Warrants Expiring September 23, 2011

- September 27th, 2011

CMC Metals Ltd. is pleased to announce that the 3,736,000 Share Purchase Warrants expiring September 23, 2011, convertible on a 2:1 basis into a total of 1,868,000 flow-through common shares at $0.20 per share were exercised.

CMC Metals Ltd. is pleased to announce that the 3,736,000 Share Purchase Warrants expiring September 23, 2011, convertible on a 2:1 basis into a total of 1,868,000 flow-through common shares at $0.20 per share were exercised.

The funds raised from the exercise of these Warrants will be used for flow-through expenditures incurred in the further exploration and development of the Company’s mineral properties in the Yukon.

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