Vancouver, B.C.: CMC Metals Ltd. (the "Company") wishes to announce that it has increased its originally announced 1,000,000 Unit private placement as announced pursuant to its March 18, 2014 press release, and increased to 3,000,000 Units as announced in its March 19, 2014 press release, and increased to 4,750,000 Units in its March 21, 2014 press release, to 5,150,000 Units and closed this transaction having received TSX Venture Exchange approval.

The terms of the placement remained unchanged offered at $0.06 per Unit for aggregate gross proceeds of $309,000 for the total 5,150,000 Units. Each Unit consists of one common share and one transferable share purchase warrant with each one warrant exercisable for one additional common share of the Company at $0.10 per share for a two year period expiring April 10, 2016. A finder's fee of cash equal to 4.35% of the total proceeds raised pursuant to this transaction was paid and a total of 168,000 Warrants were issued as Broker's Warrants as part of their fees in connection with their involvement in the placement which Warrants have the same terms and conditions as the Warrants issued pursuant to this placement as outlined herein. The Company confirms the proceeds of this placement will be used to continue the Company's operations of the Bishop Mill property in California as well as general working capital.

As part of this placement, a director of the Company participated in a gypsy swap for 1,500,000 common shares from his personal holdings at $0.06 per share and the funds from the sale will be used to facilitate the director's subscription for this participation in the placement. In connection with the gypsy swap, the Company will pay a commission of 8% cash and issue 8% warrants (the "Finder's Warrant") to Canaccord Genuity Corp., which Finder's Warrant will entitle the holder to purchase up to 120,000 common shares of the Company on the same terms and conditions as the Warrants issued pursuant to this placement as outlined herein.

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.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange)
distributed by