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-Francois Lalonde, Greg Isenor and Paul Brownlee were elected as directors.
Colin J. MacDonald was subsequently appointed President & CEO, and Jean-Francois
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. 


FOR FURTHER INFORMATION PLEASE CONTACT: 
Atlantic Industrial Minerals Inc.
Colin J. MacDonald
President & CEO
(902) 832-5424
(902) 832-2223 (FAX)

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