Quebec Offers $ 20 Million for a Factory Silicon

Canadian Metals Inc. (the "Corporation") (CSE:CME) is pleased to announce to
inform its shareholders that the Prime Minister Pauline Marois announced its
first foreign investment of about 375 million in Quebec for the construction of
a Silicon plant during the World Economic Forum that was held in Davos,
Switzerland.


The Spanish company FerroAtlantica will build a plant silicon which should
eventually create 300 jobs, Ms. Marois announced at a press conference in Davos,
Switzerland.


The project should be initiated at the end of 2016 and the site of the plant in
Quebec has not yet been set.


Silicon is a processed material that can be used for various industrial uses,
particularly in the automotive industry.


In return, Quebec literally rolling out the red carpet before FerroAtlantica, a
subsidiary of Grupo Villa Mir, one of the largest private industrial groups in
Spain, with operations in 40 countries.


Investissement Quebec should provide 20 to 30 million to help the Spanish
multinational, through a stake in the project, said Mario Albert, the big boss
of the organization in a press conference.


Hydro-Quebec also will make a discount of about 20% on the price L, that paid
large industrial electricity consumers, such as aluminum. At this price,
FerroAtlantica should pay its electricity 3.4 cents per kilowatt hour, according
to our calculations.


The company also has the right to leave corporate taxes for 10 years, under
Policy Priority Employment.


At a press conference, Ms. Marois has justified the generosity of aid and the
decision to sell electricity at a loss by major Hydro-Quebec surplus, which
would yield nothing otherwise.


"The arrival in Quebec FerroAtlantica confirms our choice to have made   the
strategic acquisition of the Langis property, which will eventually be a major
producer of silica for this growing market", commented Stephane Leblanc,
President and CEO Canadians of Metals.


Moreover, the Company is also continuing discussions with a number of potential
buyers of silica sand.


The company is currently in the process of validation of the deposit of silica
for the production of ferrosilicon with potential customers. 


Canadian Metals is a mining exploration and development corporation based in
Montreal, Quebec. The Corporation is focused on acquiring, exploring, and
developing mining properties. Its flagship project is the Massicotte property
located in the Detour Gold Trend, in the province of Quebec, Canada. Canadian
Metals is also looking for new projects to add to its portfolio. More
information can be found on the Corporation's website, at
www.canadianmetalsinc.com. 


This news release contains forward-looking statements subject to certain risks
and uncertainties. There can be no assurance that such statements will prove to
be correct, and actual results and future events could therefore differ
significantly from those implied by such statements. These risks and
uncertainties are discussed in the Corporation's annual report and its filings
with securities regulatory authorities.


Neither the CSE nor its Regulation Services Provider accepts responsibility for
the adequacy or accuracy of this release. 


FOR FURTHER INFORMATION PLEASE CONTACT: 
Canadians Metals Inc.
Stephane Leblanc
President and CEO
(418) 717-2553
sleblanc@canadianmetalsinc.com
www.canadianmetalsinc.com


Canadians Metals Inc.
Victor Cantore
Vice President, Business Development
(514) 449-8484
vcantore@canadianmetalsinc.com

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