Vancouver, B.C.: CMC Metals Ltd. (the "Company") wishes to announce that it is amending the terms of the Warrants issued pursuant to its 4,900,000 Unit private placement which closed November 30, 2012, at $0.10 per Unit, which Warrants are set to expire on November 30, 2014, so that the exercise price is reduced from $0.12 per share to $0.06 per share and extend the expiration period from November 30, 2014 to the earlier of November 30, 2015 or a 30 day period from the seventh calendar day after the Company's shares have closed with a trading price of $0.08 per share for a consecutive ten day period, subject to TSX Venture Exchange approval.

The Company also wishes to announce that it has entered into a loan of $127,500 with 369 Terminal Holdings Ltd., a private company, the principal of which is Director and Chief Financial Officer of the Company, Michael C. Scholz, which loan is secured by a Promissory Note payable on demand with interest at 12% per annum, dated September 10, 2014 (the "Note"). Pursuant to the terms of the repayment of the Note, a bonus is payable to 369 Terminal Holdings Ltd. of 200,000 common shares of the Company to be issued at $0.05 per share, 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.

For further information on the Company, please contact Mr. Jack Bal, CEO, Telephone: 604-306-5285 jackbalyvr@gmail.com or Mr. Gord Zelko, VP Business Relations at Lakeshore Communications. Telephone: 250-495-7123, or Email: gz@mineralstocks.com.

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