International Northair Mines Closes Oversubscribed Private Placements for $1.8 Million

International Northair Mines Ltd. (TSX VENTURE:INM) ("Northair" or the
"Company") is pleased to announce that it has closed non-brokered private
placements (the "Private Placements") for gross proceeds of C$1,859,315.
Proceeds raised from the Private Placements represent an increase of
approximately $350,000 over the total amount previously declared by the Company
in its press release dated July 10, 2013.  


Several strategic investors participated in the private placements, including
Coeur Mining Inc. (NYSE:CDE) (TSX:CDM) ("Coeur") which purchased 9,600,000
common shares at a price of $0.14 (the "Coeur Placement") for gross proceeds of
C$1,344,000. In connection with this subscription Coeur agreed to cancel all its
outstanding warrants to acquire common shares of Northair, bringing the total
amount of shares it owns to 20,350,000; representing 19.4% of the issued shares
of the Company.  


Concurrent with the Coeur Placement, Northair also completed a non-brokered
private placement consisting of 3,553,896 Units (the "Unit") at $0.145 for gross
proceeds of C$515,315 (the "Additional Placement"). Each Unit of the Additional
Placement is comprised of one common share and one half warrant. Each full
warrant will entitle the holder to acquire one common share of Northair at a
price of $0.25 for a period of 24 months following the closing date. 


Northair paid cash finders' fees in respect of certain purchasers of securities
introduced to the Company by the finder. The finders' fees totaled $39,950 of
the aggregate amount subscribed to by those purchasers. 


Proceeds of the private placements will be used to advance the Company's La
Cigarra silver project, including the final purchase of key surface rights and
for general working capital. 


The common shares issued and the common shares underlying the warrants are
subject to a four month hold period ending on November 23, 2013.


About International Northair Mines Ltd. 

Northair is a mineral exploration company engaged in the acquisition and
development of gold and silver properties in Mexico. The Company is currently
focused on advancing its La Cigarra silver project located in the state of
Chihuahua, which currently hosts a NI 43-101 resource estimate of 50.4 million
ounces of silver in the measured & indicated categories grading 76 g/t silver
and 3.5 million ounces of silver in the inferred category grading 61 g/t silver
constrained by a Whittle pit shell at an economic cutoff grade of 30 g/t silver
(assuming metallurgical recoveries of 84% silver). The La Cigarra silver deposit
also contains appreciable amounts of lead, zinc and gold. 


ON BEHALF OF THE BOARD, 

INTERNATIONAL NORTHAIR MINES LTD.

Fred G. Hewett, P.Eng., President & CEO

Neither 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 news release. 


This news release may contain forward looking statements which are not
historical facts, such as statements regarding the use of proceeds, the closing
date, ore reserve estimates, anticipated production or results, sales, revenues,
costs, or discussions of goals and exploration results, and involves a number of
risks and uncertainties that could cause actual results to differ materially
from those projected. These risks and uncertainties include, but are not limited
to, metal price volatility, volatility of metals production, project
development, ore reserve estimates, future anticipated reserves and cost
engineering estimate risks, geological factors and exploration results. See
Northair's filings for a more detailed discussion of factors that may impact
expected results.


This news release does not constitute an offer to sell or solicitation of an
offer to sell any 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.


FOR FURTHER INFORMATION PLEASE CONTACT: 
International Northair Mines Ltd.
Fred Hewett
President
604-687-7545 or 1-888-338-2200


International Northair Mines Ltd.
Chris Curran
Manager of Corporate Communications
604-687-7545 or 1-888-338-2200
info@northair.com
www.internationalnorthair.com
Northair Silver Corp. (TSXV:INM)
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