CMM Canabo Medical (delisted)

THIS NEWS RELEASE IS INTENDED FOR DISTRIBUTION IN CANADA ONLY AND IS NOT
AUTHORIZED FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR
DISSEMINATION IN THE UNITED STATES.


Castle Mountain Mining Company Limited (TSX VENTURE:CMM) ("CMM" or the
"Company") announces that it will make an application to the TSX Venture
Exchange (the "TSXV") to extend the term of its 1,420,000 warrants (the
"Warrants") which were issued as part of the Company's qualifying transaction
for warrants originally issued by Telegraph Gold Inc. on October 31, 2012. The
Warrants which were originally exercisable until 5:00 p.m. (Toronto time) on May
1, 2014, will be extended to 5:00 p.m. (Toronto time) on May 28, 2014 (the
"Warrant Amendment"). The exercise price of $1.00 per share and other terms and
conditions of the Warrants will remain the same. The terms and expiry of the
Company's 2,240,034 warrants issued on November 28, 2012, in the second tranche
of the fourth quarter 2012 financing, remain unchanged and are exercisable until
5:00 p.m. (Toronto time) on May 28, 2014.


The Warrant Amendment has been approved by the board of directors of CMM. The
Warrant Amendment remains subject to TSXV approval. 


About Castle Mountain Mining Company

Subject to certain obligations, Castle Mountain Mining has 100% of the right,
title and beneficial interest in and to the Castle Mountain Venture, a
California general partnership, which owns the Castle Mountain property in San
Bernardino County, California. The Castle Mountain heap leach gold mine produced
over one million ounces of gold from 1992 to 2001, when mining was suspended due
to low gold prices.


The Castle Mountain Venture land holdings (7,458 acres total) include patented
claims (1,298 acres), and unpatented claims (6,160 acres). On December 11, 2013,
the Company filed the Technical Report for its maiden NI 43-101 mineral resource
estimate, that is available both on SEDAR at www.sedar.com and on the Company's
website at www.castlemountainmining.com. The Company has engaged RPA Inc. to
complete a Preliminary Economic Assessment with an anticipated delivery in the
second quarter of 2014.


Castle Mountain Mining Company Limited, through its wholly owned subsidiaries
including Castle Mountain Venture, is focused on the exploration and, if
warranted, development of deposits in San Bernardino County, California. The
principal gold mineralization identified to date within the project are below
and surrounding the historically mined pits on the property including the Oro
Belle-Hart Tunnel, Jumbo, and Lesley Anne-Jumbo South Pits, as well as in the
South Domes area.


NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT
TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS
RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE. 


Forward Looking Statements - Certain information set forth in this news release
may contain forward-looking statements that involve substantial known and
unknown risks and uncertainties. These forward-looking statements are subject to
numerous risks and uncertainties, certain of which are beyond the control of
CMM, including, but not limited to the impact of general economic conditions,
industry conditions, volatility of commodity prices, currency fluctuations,
dependence upon regulatory approvals, and the availability of financing. Readers
are cautioned that the assumptions used in the preparation of such information,
although considered reasonable at the time of preparation, may prove to be
imprecise and, as such, undue reliance should not be placed on forward-looking
statements.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Castle Mountain Mining Company
Gordon McCreary
President and CEO
(416) 572-0152
gmccreary@castlemountainmining.com


Castle Mountain Mining Company
Fraser Buchan
VP Corporate Development
(416) 640-1933
fbuchan@83yonge.com
www.castlemountainmining.com

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