Karmin Exploration Inc. (TSXV:KAR) is considering strategic alternatives with respect to its 30% carried interest in the Aripuana zinc-lead-copper-silver project. The strategic alternatives will include financing alternatives for its participation in the development of Aripuana or such other value enhancing alternatives as a corporate sale or the sale of all or a material portion of Karmin's assets. CIBC World Markets Inc. acted as the financial advisor for Karmin Exploration Inc.