Canadian Arrow provides clarification on previous option grant

SUDBURY, ON, Oct. 23 /CNW/ - Canadian Arrow Mines Limited (the "Company") (CRO-TSX Venture) announced today that the exercise price of its previously disclosed grant of stock options (see press release dated October 6, 2009 ) has been amended from $0.05 per share to $0.10 per share in order to comply with the rules of the TSX Venture Exchange. All other terms of such options remain as disclosed in the October 6, 2009 press release.

    
    Neither the TSX Venture Exchange nor its Regulation Services Provided (as
    that term is defined in the policies of the TSX Venture Exchange) accepts
    responsibility for the adequacy or accuracy of this release.
    

For further information: visit the website at www.canadianarrowmines.ca, or contact Kim Tyler President and Director toll free, 1-877-262-6354