Constantine Issues Finder's Fee Shares and Stock Options

VANCOUVER, BRITISH COLUMBIA--(Marketwired - March 9, 2015) - Constantine Metal Resources Ltd. (TSX VENTURE:CEM) ("Constantine" or the "Company") announces that it is issuing 493,336 common shares of the Company, pursuant to the terms of a Financial and Advisory Services Agreement with Roman Friedrich & Company LLC for the payment of finder's fees in connection with the Company's Option and Joint Venture Agreement between Constantine and Dowa Metals & Mining Co., Ltd. dated February 1, 2013. The Company is currently completing a Finder's Fee payment of US$75,970, being paid by US$20,000 cash and the balance through the issuance of 493,336 common shares of the Company. The 493,336 common shares of the Company being issued are subject to a hold period of four months and one day, expiring on July 10, 2015.

The Company also announces the issuance of 1,400,000 stock options to purchase 1,400,000 shares of the Company at an exercise price of $0.14 cents per share, expiring March 6, 2020. The stock options are being issued to directors, officers and employees of the Company and are subject to approval by regulatory authorities.

About the Company

Constantine is a mineral exploration company led by a proven technical team with a focus on premier North American mining environments. The company's principal asset is the Palmer copper-zinc-silver-gold VMS Project located in Alaska that is being advanced in partnership with Dowa Metals & Mining Co., Ltd. Constantine also controls a pipeline of quality gold projects in the Timmins camp Ontario and Yukon. Please visit the Company's website (www.constantinemetals.com) for more detailed company and project information.

On Behalf of Constantine Metal Resources Ltd.

Garfield MacVeigh, President

Note: Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.