Callinex Mines Inc. (the "Company" or "Callinex") (TSXV: CNX) (OTCQX: CLLXF) is pleased to announce that it has closed its fully subscribed non-brokered private placement for gross proceeds of C$6.24 million (the "Offering"). The Offering will be used to fund the ongoing drill campaign at the Rainbow Deposit, Pine Bay, Manitoba.