Canoe Mining Announces Closing of Non-Brokered Private Placement

OAKVILLE, ONTARIO--(Marketwired - Sept. 8, 2017) - Canoe Mining Ventures Corp. (TSX VENTURE:CLV) ("Canoe" or the "Company") wishes to announce that further to the Company's news release dated September 1, 2017, the Company has closed the non-brokered private placement financing (the "Private Placement") and has issued a total of 20,000,000 common shares at a price of $0.05 per share for total gross proceeds of $1,000,000.

Additional information and corporate documents may be found on www.sedar.com and on the Canoe website: www.canoemining.ca

On behalf of the Board of Directors of Canoe Mining Ventures Corp.

Duane Parnham, President and CEO

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.

Forward Looking Statements

This news release includes certain forward-looking statements or information. All statements other than statements of historical fact included in this release or other future plans, objectives or expectations of Canoe are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Canoe expressly disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise except as otherwise required by applicable securities legislation.