HALIFAX, NOVA SCOTIA--(Marketwire - Nov. 28, 2012) - Colin J. MacDonald, President and CEO of Atlantic Industrial Minerals Incorporated ("AIM" or the "Company") (TSX VENTURE:ANL.H) is pleased to report:

Results of the Annual General Meeting

At the Annual General Meeting held November 1, 2012, Colin J. MacDonald, Jean-François Lalonde, Greg Isenor and Paul Brownlee were elected as directors. Colin J. MacDonald was subsequently appointed President & CEO, and Jean-François Lalonde was appointed CFO.

Also approved by the shareholders were resolutions approving a future change of name to "Carleton Gold Corporation" (or such other name as the Board determines appropriate), approving Greg Isenor as a control person, and approving the company's Share Incentive Plan including the Stock Option Plan.

Reefton Gold Project

The TSX has accepted the Company's acquisition of the Reefton Gold Project in South Island, New Zealand. The Company has begun field work starting with an initial inspection and evaluation of old workings recently discovered onsite.

On behalf of the Board

Colin J. MacDonald

President & CEO

This press release includes certain statements that may be deemed "forward-looking statements". All statements in this release, other than statements of historical facts, that address future exploration drilling, exploration activities and events or developments that the Company expects, are forward looking statements. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, exploitation and exploration successes, continued availability of capital and financing, and general economic, market or business conditions.

Contributing Sources

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