CML Canickel Mining Limited

NOT FOR DISSEMINATION IN THE UNITED STATES OR THROUGH U.S. NEWSWIRE SERVICES

CROWFLIGHT MINERALS INC. (Crowflight, the Company) (TSX VENTURE:CML) is pleased
to announce that it has closed its previously announced private placement
financing through the issuance of 8,065,000 common shares (the "Common Shares")
at a price of $0.62 per Common Share and 8,000,000 flow-through common shares
(the "FT Shares") at a price of $0.75 per FT Share for total gross proceeds to
the Company of Cdn$11,000,300.


The offering was completed by a syndicate of underwriters led by Macquarie
Capital Markets Canada Ltd. and including Versant Partners Inc. (collectively
the "Underwriters"). In connection with the financing the Underwriters received
a commission equal to 6% of the total gross proceeds and were issued an
aggregate of 963,900 Compensation Options, each of which entitles them to
purchase one common share of the Company at a price of $0.62 per share until
April 30, 2010.


The Common Shares, FT Shares and Compensation Options are subject to a hold
period that will expire on August 31, 2008.  The offering remains subject to the
final approval of the TSX Venture Exchange.


The gross proceeds from the offering will be used for working capital, projects
in the Thompson Nickel Belt and for general corporate purposes. The gross
proceeds from the sale of the FT Shares will be used for general exploration
expenditures, which will constitute Canadian exploration expenses (as defined in
the Income Tax Act, (Canada)) and will be renounced for the 2008 taxation year.


Crowflight Minerals - Canada's Next Nickel Producer

Crowflight Minerals Inc. (TSX VENTURE:CML) is a Canadian junior mining
exploration and development company focused on nickel, copper and Platinum Group
Mineral (PGM) projects in the Thompson Nickel Belt and Sudbury Basin. The
Company currently owns and/or has under option approximately 800 square
kilometres of exploration and development properties in Manitoba and Ontario.


Crowflight's priority is to bring the fully-funded Bucko Lake Nickel Project
located near Wabowden, Manitoba into production by the third quarter of 2008.


Cautionary Note on Forward-Looking Information

Except for statements of historical fact contained herein, the information in
this press release constitutes "forward-looking information" within the meaning
of Canadian securities law. Such forward-looking information may be identified
by words such as "plans", "proposes", "estimates", "intends", "expects",
"believes", "may", "will" and include without limitation, statements regarding
the proposed use of the proceeds of the financing, the receipt of all necessary
approvals and the development potential and timetable of the Bucko Lake Nickel
project, capital expenditures; permitting time lines and permitting, government
regulation of mining operations; and environmental risks. There can be no
assurance that such statements will prove to be accurate; actual results and
future events could differ materially from such statements. Factors that could
cause actual results to differ materially include, among others, metal prices,
competition, risks inherent in the mining industry, and regulatory risks. Most
of these factors are outside the control of the Company. Investors are cautioned
not to put undue reliance on forward-looking information. Except as otherwise
required by applicable securities statutes or regulation, the Company expressly
disclaims any intent or obligation to update publicly forward-looking
information, whether as a result of new information, future events or otherwise.


Total Shares Outstanding: 267.4MM

Fully Diluted: 307.0MM

52-Week Trading Range: C$0.45 - $1.35

The TSX Venture Exchange does not accept responsibility for the adequacy or
accuracy of this release.

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