Callinan Announces Continuation of Normal Course Issuer Bid

VANCOUVER, Dec. 19, 2014 (Canada NewsWire via COMTEX) TSXV: CAA Callinan Royalties Corporation ( Callinan, the Company ) (TSXV: CAA) announces that it proposes to extend into 2015 its normal course issuer bid (the Bid ) and has filed a further Notice of Intention to Make a Normal Course Issuer Bid with the TSX Venture Exchange ( TSXV ). Under the Bid in 2015, a total of up to 2,461,229 of its common shares may be purchased through the facilities of the TSXV and any such purchases will be at market prices. The Bid will commence on or after January 1, 2015 and will end on December 31, 2015 or on such earlier date as Callinan may complete its purchases pursuant to the Bid or as it may otherwise determine. Callinan is continuing to engage in the Bid because it believes that the market price of its common shares does not properly reflect its underlying value. Purchases pursuant to the Bid will be conducted through Haywood Securities Inc., under investment advisor, John Tognetti. Callinan h
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