Callinex Mines has received a $250,000 grant from the Manitoba Mineral Development Fund ("MMDF") to complete long lead items to support permitting and future mine development at the 100% owned Pine Bay Project, located 16 kms away from Flin Flon, Manitoba.

Chair of the MMDF, Chuck Davidson said, "We are extremely pleased with how Callinex has progressed the high-grade copper discoveries at its Pine Bay Project" and went on to say "Callinex has been a great partner and we are glad to support their bold vision to create prosperity within our province by supplying metals critical to our economy and the green energy transition

Max Porterfield, President and CEO, stated, "We are grateful for MMDF's generous grant and continued support, which has been ongoing since our first exploration drill holes into the Rainbow deposit." he continued, "We are pleased that the Manitoba government shares our vision at Pine Bay to create long-term jobs in the Flin Flon area while also strengthening the provincial economy."

Callinex  has received over $1million in grants from MMDF to advance high-grade copper discoveries at Pine Bay since 2020.