News Release

 August 09, 2010
Crowflight Announces Bridge Loan and Amends Private Placement Financing

 CROWFLIGHT MINERALS INC. ("Crowflight" or the "Company") (TSX: CML) announces that it has amended the previously announced private placement financing (see press release of July 9, 2010) to a $5.05 million bridge loan from King Place Enterprises Limited ("King Place") with the potential for a further financing of $5 million to be arranged by King Place on a commercially reasonable efforts, private placement basis.

The loan will be in the form of a $5,050,000 principal amount promissory note (the "Note") to be issued by Crowflight to King Place.

The potential additional $5 million financing would result from the sale on a private placement basis, of a further 35,714,285 common shares of the Company as arranged by King Place, at a price of $0.14, within 35 days following the date hereof, subject to the receipt of regulatory approval.

The proceeds from the loan will be used for capital expenditures at the Bucko Lake Mine and general corporate and working capital purposes.

The Note is being issued to King Place, an insider of the Company, who owns greater than 10% of the issued and outstanding shares of the Company. The transaction will allow the Company to invest capital in its Bucko Lake Mine in the Thompson Nickel Belt, Manitoba as well as to finance general corporate and working capital requirements of the Company. The board of directors of the Company unanimously approved the issuance of the Note to King Place. The Company did not require a formal valuation or minority shareholder approval in connection with issuing the Note as the fair market value of the Note did not exceed 25% of the Company's market capitalization.

The potential additional financing remains subject to the receipt of all regulatory approvals, including approval of the Toronto Stock Exchange.

About Crowflight Minerals
Crowflight Minerals Inc. (TSX: CML) is a Canadian junior mining company that owns the Bucko Lake Nickel Mine near Wabowden, Manitoba that recently resumed production. The Company also holds nickel, copper and Platinum Group Mineral (PGM) projects in the Thompson Nickel Belt and Sudbury Basin.

Cautionary Note on Forward-Looking Information
This press release contains forward-looking statements under Canadian securities legislation. Forward-looking statements include, but are not limited to, statements with respect to the ability of the Company to obtain required financing; proposed use of proceeds, the development potential and timetable of the Company's properties, including the Bucko Lake Project; and the future price of nickel and other minerals. Generally, forward-looking statements can be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or statements that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved". Forward-looking statements are based on the opinions and estimates of management as of the date such statements are made. Forward looking statements are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking statements, including those risks described in the Company's annual information form that is available under its profile on SEDAR at Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. The Company does not undertake to update any forward-looking statements, except in accordance with applicable securities laws.

This news release does not constitute an offer to sell or a solicitation of an offer to sell any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

Further information is available on the Company's website at or contact:

Mark Trevisiol
President and CEO
Crowflight Minerals
Tel: (416) 861-5893

Heather Colpitts
Manager, Investor and Public Relations
Crowflight Minerals
Tel: (416) 861-5803


You can view the Next News Release item: Mon Aug 16, 2010, Crowflight Announces Second Quarter 2010 Financial Results

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CANICKEL MINING LIMITED. P.O. Box 35 1655-999 West Hastings Street, Vancouver, British Columbia, Canada V6C 2W2 P: 778-372-1806 F: 604-254-8863 E: