Callinan Mines Limited
OTC Bulletin Board : CCNMF

Callinan Mines Limited

September 07, 2005 16:27 ET

Callinan Grants Stock Options

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Sept. 7, 2005) - (TSX VENTURE:CAA) - The Company has granted, subject to regulatory approval, incentive options for the purchase of a total of 200,000 shares in its capital. The options are exercisable on or before September 6, 2010 at the price of $0.33 per share, being the closing price of the Company's shares on the TSX Venture Exchange on the trading day immediately preceding the date of this press release.

Mike Muzylowski, President and CEO

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this news release.