Callinan Royalties and Avrupa Minerals Enter Into Exploration Alliance Agreement

Callinan Royalties and Avrupa Minerals Enter Into Exploration Alliance 
VANCOUVER, Oct. 4, 2013 /CNW/ - Callinan Royalties Corporation ("Callinan") 
announces that it has signed an Exploration Alliance Agreement (the 
"Agreement") with Avrupa Minerals Ltd. ("Avrupa"). The purpose of the 
Agreement is to fund prospect generation activities in order for Avrupa to 
attract joint venture partners to projects, while allowing Callinan to 
generate and acquire royalties. 
The initial geographic focus will be Portugal but may expand to other 
jurisdictions. The Agreement will be for an initial three year term and calls 
for Callinan to fund $150,000 of generative exploration during the first year 
of the Agreement with the option to fund up to $100,000 in each of the two 
subsequent years. 
In return for such funding, Avrupa will grant Callinan the option to receive a 
0.5% Net Smelter Returns ("NSR") royalty on any new projects acquired as a 
result of the generative exploration work. Alternatively, Callinan has the 
option of funding an additional $150,000 on any of the new projects in 
exchange for a 1.5% NSR royalty. 
If Avrupa proposes that additional value can be generated after spending 
$150,000, Callinan may elect to contribute subsequent funding with Avrupa on 
an equally shared basis with no change to Callinan's royalty interest. Avrupa 
may also propose exploration on Avrupa's existing mineral properties. 
Callinan will have the option to fund $150,000 in exploration on those 
projects in return for a 1.5% NSR royalty. 
Callinan is supporting the prospect generation business model as a means to 
create royalties in prospective areas through agreements with companies such 
as Avrupa that are established prospect generators and have demonstrated 
expertise in their chosen jurisdictions. 
On Behalf of the Board of Directors, 
Roland Butler 
Roland Butler, CEO 
About Avrupa Minerals Ltd. 
Avrupa Minerals Ltd. is a growth-oriented junior exploration and development 
company focused on discovery, using a prospect  generator model, of valuable 
mineral deposits in politically stable and prospective regions of Europe, 
including Portugal, Kosovo, and Germany. Avrupa is currently upgrading 
precious and base metal targets to JV-ready status in a variety of districts 
on numerous licenses, with the idea of attracting potential partners to 
project-specific and/or regional exploration programs. 
About Callinan Royalties 
Callinan Royalties is a Canadian company that creates and acquires mineral 
royalties. The company uses its royalty income to provide alternative 
financing options to mineral exploration and development companies with 
attractive projects. Callinan's strategy is to create shareholder value over 
the long term by generating a portfolio of profitable mineral royalties. 
The Corporation currently has two producing royalties. Callinan holds a 6⅔% 
net profits interest royalty and a $0.25 per ton production royalty on lands 
that include the 777 mine and 777 North mine owned by Hudbay Minerals Inc. 
located in Flin Flon, Manitoba, Canada. Callinan also holds the 777 Deeps 
(War Baby) property and an associated royalty option on the property, which is 
located adjacent to the 777 mine. 
Callinan is a dividend paying Tier 1 company listed on the TSX Venture 
Exchange under the symbol CAA. The Corporation has a strong financial 
position with no debt, approximately $27 million in cash and approximately 
49.4 million shares outstanding. 
Cautionary Statement on Forward-Looking Information 
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.  Certain of the 
information presented in this News Release may constitute "forward-looking 
statements" or "forward-looking information" within the meaning of Canadian 
securities legislation (together referred to as "forward-looking statements"). 
The forward-looking statements are subject to risks, uncertainties and other 
factors that may cause actual results to be materially different from those 
expressed or implied by such forward-looking statements, including any delays 
in the receipt of consents or approvals. Although Callinan Royalties has 
attempted to identify important factors that could cause actual actions, 
events or results to differ materially from those described in forward-looking 
statements, there may be other factors that cause actions, events or 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 contained in this News Release and in any document referred to in 
this News Release. Forward-looking statements are made based on management's 
beliefs, estimates and opinions on the date the statements are made and 
Callinan Royalties undertakes no obligation to update forward-looking 
statements if these beliefs, estimates and opinions or other circumstances 
should change, except as required by applicable law.

SOURCE  Callinan Royalties Corporation 
For more information, please or contact: 
Roland Butler, CEO Callinan Royalties Corporation +1 709 535 3433 
Tamara Edwards, CFO Callinan Royalties Corporation +1 604 605 0885 
Corporate Office: 1110 - 555 West Hastings Street Vancouver, BC Canada, V6B 4N4 
To view this news release in HTML formatting, please use the following URL: 
CO: Callinan Royalties Corporation
ST: British Columbia
-0- Oct/04/2013 11:50 GMT
Press spacebar to pause and continue. Press esc to stop.