CMC Metals Ltd. (CMCXF)

[BMGS]

1,165,000 Unit Flow-Through Private Placement @ $0.05 per Unit
December 23, 2013
Vancouver, B.C.: CMC Metals Ltd. (the "Company") wishes to announce that it has agreed to issue up to 1,165,000 Flow-Through Units at $0.05 per unit, each unit consisting of one flow-through common share and one transferable share purchase warrant. One warrant will be exercisable for one additional (non-flow-through) common share at $0.05 per share during year one, and $0.10 per share during year two. The proceeds derived from the total 1,165,000 Unit placement will be used to further develop the Company's Canadian properties. No finder's fees are payable in relation to this private placement. This transaction is subject to TSX Venture Exchange approval.

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

On behalf of the Board:

"Jack Bal"
Jack Bal, President & CEO
CMC METALS LTD.