Callinex C$6.6 million offering

VANCOUVER, Aug. 11, 2011 /CNW/ --
TRADING SYMBOL: 'CNX: TSX.V'

VANCOUVER, Aug. 11, 2011 /CNW/ - Further to Callinex Mines Inc.'s ('Callinex' or the 'Company') news release of August 4, 2011, the Company announces that 6,000,000
flow-through common shares (each a 'Flow-Through Share') will be sold at a price of $1.10 per Flow-Through Share.

Secutor Capital Management Corporation and Industrial Alliance
Securities Inc. have been engaged in connection with a private
placement offering (the 'Offering') of flow-through shares to raise up to $6.6 million on a commercially
reasonable basis.

For further details of the Offering please see the Company's news
release of August 4, 2011.

On behalf of Callinex Mines Inc.

Mike Muzylowski   


President & CEO

Cautionary Statement on Forward-Looking Information

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 release.

Certain of the information presented in this News Release may constitute
'forward-looking statements' or 'forward-looking information' within
the meaning of Canadian securities legislation (together referred to as
'forward-looking statements'). The forward-looking statements are
subject to risks, uncertainties and other factors that may cause actual
results to be materially different from those expressed or implied by
such forward-looking statements, including any delays in the receipt of
consents or approvals. Although Callinex has attempted to identify
important factors that could cause actual actions, events or results to
differ materially from those described in forward-looking statements,
there may be other factors that cause actions, events or results not to
be as anticipated, estimated or intended. There can be no assurance
that such statements will prove to be accurate as actual results and
future events could differ materially from those anticipated in such
statements. Accordingly, readers should not place undue reliance on
forward-looking statements contained in this News Release and in any
document referred to in this News Release. Forward-looking statements
are made based on management's beliefs, estimates and opinions on the
date the statements are made and Callinex undertakes no obligation to
update forward-looking statements if these beliefs, estimates and
opinions or other circumstances should change, except as required by
applicable law.

To view this news release in HTML formatting, please use the following URL: http://www.newswire.ca/en/releases/archive/August2011/11/c3312.html

Braden Maccke, 736 Granville Street, Suite 110, Vancouver, BC, V6Z 1G3, Telephone: (604) 605-0885, Toll-Free: 1-877-228-5210, Fax: (604) 605-0886, Email: info@callinan.com, Website: www.callinan.com