DNI Metals Inc., Mutually Agrees to Terminate Merger Discussions with CR Capital to Pursue Other Options

June 20, 2016 5:19 PM EDT | Source: DNI Metals Inc.

Toronto, Ontario--(Newsfile Corp. - June 20, 2016) - DNI Metals Inc. (CSE: DNI) (OTC: DMNKF) (FSE: DG7N) ("DNI" or the "Company") has mutually agreed to terminate merger discussions with CR Capital Corp (TSXV: CIT-H) in respect of the Non-Binding Letter of Intent signed on January 27, 2016.

DNI — Canadian Securities Exchange
DG7N — Frankfurt
DMNKF - OTC
Issued: 39,724,204

For further information, contact:
DNI Metals Inc. — Dan Weir, President & CEO 416-595-1195
DanWeir@dnimetals.com
Also visit www.dnimetals.com

We seek Safe Harbour. This announcement may include forward looking statements. While these statements represent DNI's best current judgment, they are subject to risks and uncertainties that could cause actual results to vary, including risk factors listed in DNI's Annual Information Form and its MD&As, all of which are available from SEDAR and on its website.

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