CMC Metals Ltd. (CMCXF)

[BMGS]

Direct Ship Ore Contract Signed - February 28, 2013
Vancouver, B.C.: CMC Metals Ltd. (the "Company") is pleased to announce that it has finalized and signed a contract for the sale of the remaining, approximately 450 tonnes, direct ship ore that was prepared in December 2012. It is anticipated the client will be posting a Letter of Credit in the next few days that the Company can draw a 90 percent provisional payment based on the preliminary SGS sample assay results. The shipment will be going overseas to China where it will be processed and refined into silver bullion. The Company has developed several strong working relationships in China that have mutually benefited both parties and will continue into the future. The Company is reviewing the Silver Hart project as to the optimal plan to move the project forward into the development phase, under the current economic, environmental, and social criteria.

In compliance with NI 43-101, Don Wedman, P.Eng., President and Chief Executive Officer of the Company, is the Qualified Person who prepared or supervised the preparation of the technical information presented in this news release.

This news release was prepared on behalf of the Board of Directors, which accepts full responsibility for its contents.