Messina Minerals Inc. Announces Update on Agreement with Canadian Zinc

Messina Minerals Inc. (TSX VENTURE:MMI) ("Messina") announces an update on
progress towards completion of a plan of arrangement (the "Arrangement") whereby
Canadian Zinc Corporation ("Canadian Zinc") will acquire all of the outstanding
shares of Messina in exchange for common shares of Canadian Zinc on the terms
previously announced (see News Release September 12, 2013). 


Messina and Canadian Zinc have now entered into a definitive Arrangement
Agreement dated October 21, 2013. The date for Messina's Special Meeting
allowing Messina shareholders to vote on the Arrangement has now been scheduled
for December 16, 2013 to be held at Messina's offices in Vancouver. Full details
of the meeting and the Arrangement will be included in the notice of meeting and
information circular, which are expected to be sent to shareholders and filed on
SEDAR in mid-November. Completion of the Arrangement is subject to approval by
Messina shareholders, regulatory and court approvals, and other customary
closing conditions.


The Messina Board of Directors has determined that the Arrangement is in the
best interest of Messina and is fair to the Messina shareholders, and intends to
recommend in the information circular that Messina shareholders vote in favour
of the Arrangement. The Board's determinations are based, among other things, on
the advice of a chartered business valuator, which has provided an opinion that
the Arrangement is fair, from a financial point of view, to the securityholders
of Messina. Details of such fairness opinion will also be included in the
information circular. 


About Messina Minerals Inc.

Messina Minerals Inc. is a Canadian mineral exploration company listed on the
TSX Venture Exchange under the symbol "MMI". The Company has completed NI 43-101
technical reports for zinc-lead-copper-silver-gold mineral resources at
"Boomerang", "Domino", and "Main Zone" located in central Newfoundland, Canada.


On Behalf of the Board,

Messina Minerals Inc.

Peter Tallman, President, Director

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. 


FOR FURTHER INFORMATION PLEASE CONTACT: 
Messina Minerals Inc.
Peter Tallman
President
[phone]
[phone] (FAX)
[e-mail]
www.messinaminerals.com