Information posted is accurate at the time of posting, but may be superseded by subsequent press releases.
Oct 16, 2006

Canmex Corporate Update

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Oct. 16, 2006) - Canmex Minerals Corporation ("Canmex" or "the Company") (TSX VENTURE:CXM) reports that it has granted incentive stock options to certain directors and officers of the Company and other eligible persons. The options entitle such persons to purchase up to an aggregate of 670,000 common shares of Canmex at a price of Cdn $3.43 over a period of three years. The option grant is subject to all requisite regulatory approvals.

ON BEHALF OF THE BOARD

J. Cameron Bailey, Director


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



FOR FURTHER INFORMATION PLEASE CONTACT:

Canmex Minerals Corporation
Sophia Shane
Corporate Development
(604) 689-7842
(604) 689-4250 (FAX)