Sept 10 (Reuters) - Callinex Mines Inc CNX.V :
* CALLINEX ANNOUNCES FLOW-THROUGH FINANCING TO ADVANCE ITS EXPLORATION PORTFOLIO
* CALLINEX MINES INC - INTENDS TO COMPLETE A NON-BROKERED PRIVATE PLACEMENT OF UP TO 2 MILLION UNITS AT A PRICE OF $0.50 PER UNIT
* CALLINEX MINES INC - EACH UNIT WILL CONSIST OF ONE FLOW-THROUGH COMMON SHARE AND ONE-HALF OF ONE NON-FLOW-THROUGH SHARE PURCHASE WARRANT
* CALLINEX MINES - PROCEEDS OF OFFERING WILL BE USED TO CONDUCT EXPLORATION ACTIVITIES ON EXPLORATION PORTFOLIO IN FLIN FLON & BATHURST MINING DISTRICTS
* CALLINEX MINES INC - HAS GRANTED A TOTAL OF 565,000 STOCK OPTIONS TO ITS DIRECTORS, OFFICERS, EMPLOYEES AND CONSULTANTS
* CALLINEX MINES - STOCK OPTIONS GRANTED HAVE A FIVE YEAR TERM, ARE EXERCISABLE AT $0.50 PER SHARE