Agoracom

AGORACOM Investor Relations ("AGORACOM") (http://www.agoracom.com) to provide online investor relations services, a Web 2.0 social network for currentshareholders and Tier-1 awareness through the world's biggest websites for thepurpose of attracting new shareholders.

Online Investor Relations Maximizes Speed, Transparency and Access to Company In response to overwhelming data representing the online research andcommunications habits of small-cap investors, Canadian Arrow has turned theprimary focus of its investor relations to the web via the AGORACOM system tofacilitate faster, better and more accessible communications with both currentand prospective shareholders around the world. Effective May 1st 2008, a customized and monitored Canadian Arrow IR HUB will be available on AGORACOM at (http://www.agoracom.com/IR/CanadianA... )

The IR HUB will allow both the Company and AGORACOM to communicate with allinvestors simultaneously, anytime and in near real-time. Our new IR HUB willalso provide management with an ability to extend communications beyond textvia audio messages, video presentations, webcasts and podcasts. In addition totraditional e-mail, investors will also have the ability to receive allcommunications via RSS feed.

Launch of Canadian Arrow Community

The Canadian Arrow IR HUB propels the Company into the forefront ofWeb 2.0 community building by providing investors with two very importantfunctions. First, a monitored discussion forum for the purposes ofconstructive and high-quality discussion amongst investors that is free ofspam, profanity and misinformation. Second, a social network that providesinvestors with the ability to create extensive profiles that include photos,bios, video messages to fellow investors, a rating system and other importantitems to create a closer bond between our shareholders.

Tier-1 Exposure and Awareness

As an exclusive provider of "Small-Cap Centres - Powered by AGORACOM" toYahoo Finance Canada, AOL Finance Canada and every Blackberry device on theplanet, AGORACOM will provide Tier-1 financial coverage of all newsworthyCanadian Arrow press releases for the purposes of attracting new andprospective shareholders In addition, AGORACOM will be launching a search engine IR Program viaGoogle and Yahoo that specifically targets prospective small-cap investorsacross North America. These small-cap search engine programs are exclusive toAGORACOM, with creation and management coming from Yahoo and Google personneldirectly.

Canadian Arrow President, Kim Tyler stated, "We are very pleased to have engaged AGORACOM as our web based investor relations provider. We believe that the Canadian Arrow story relating to it's Kenbridge nickel mining project will get superior coverage in the investing community via AGORACOM's large and influential following on the internet." For all future Canadian Arrow investor relations needs, investors areasked to visit our IR Hub at http://www.agoracom.com/IR/CanadianA... ) where they can post questions and receive answers within the same day, or simply review questions and answers posted by other investors.

The terms of the agreement are as follows: Duration - 12 months. MonthlyCash Compensation - $4,750/month and includes both IR and Google Marketingagreement. Stock Options - 230,000 shares at $CDN .40 per share. Thisagreement has been negotiated entirely at arm's length. AGORACOM is located inToronto, Ontario.

About AGORACOM

AGORACOM Investor Relations (http://www.AgoracomIR.com) is NorthAmerica's largest online investor relations firm for small-cap companies. We have partnered with the world's biggest internet companies, including Yahoo, AOL, Google and Blackberry to market our clients to a massive audience of new small-cap investors. We have served over 200 companies since 1997. AGORACOM Investor Relations has displaced the telephone and e-mail asprimary IR communications devices. Our IR HUB delivers two-way investorrelations in near real-time that is 24/7/365 accessible to shareholders aroundthe world and goes far beyond text by offering both audio and videocommunications. AGORACOM (http://www.Agoracom.com) is North America's only small-capcommunity built to serve the needs of serious small-cap and micro-capinvestors. No rumours, profanity, stock bashing or hyping. Our traffic rankingis above the top 1% of all websites around the world.

About Canadian Arrow Mines, Ltd.

Canadian Arrow Mines, Ltd. is an established Canadian exploration anddevelopment Company committed to developing and advancing base metal depositsclose to existing infrastructure through exploration, development andacquisition. Shares of Canadian Arrow Mines trade on the TSX Venture Exchangeunder the symbol "CRO". If you would like to receive press releases via email please

contact: sarah@chfir.com

THIS PRESS RELEASE WAS PREPARED BY MANAGEMENT WHO TAKES FULL RESPONSIBILITY FOR ITS CONTENTS. THE TSX VENTURE EXCHANGE NEITHER APPROVES NOR DISAPPROVES OF THISRELEASE.

This news release may contain certain "Forward-Looking Statements" withinthe meaning of Section 21E of the United States Securities Exchange Act of1934, as amended. All statements, other than statements of historical fact,included herein are forward-looking statements that involve various risks anduncertainties. There can be no assurance that such statements will prove to beaccurate, and actual results and future events could differ materially fromthose anticipated in such statements. Important factors that could causeactual results to differ materially from the Company's expectations aredisclosed in the Company's documents filed from time to time with The TSXVenture Exchange, Canadian Securities Commissions, and the United StatesSecurities & Exchange Commission. Not to be construed as an offer to buy orsell securities of this company.

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For further information:

visit the website at www.canadianarrowmines.ca

or call toll free, 1-877-262-6354, or contact:

Canadian Arrow Mines, Ltd.:

Kim Tyler, P. Geo, President, Tel: (705) 673-8259,

E-mail: kim@canadianarrowmines.ca

CHF Investor Relations: Barry Leung,

Tel: (416) 868-1079 ext. 247, E-mail: barry@chfir.com; or Sarah Gingerich, Tel: (416) 868-1079 ext. 238, E-mail: sarah@chfir.com;

AGORACOM Investor Relations: cro@agoracom.com