Simberi Mining Corporation: Press Release
TORONTO, ONTARIO -- (MARKET WIRE) -- 12/11/06 -- Simberi Mining
Corporation ("Simberi") (TSX VENTURE: SAU) is pleased to announce
that Mr. Raymond Savoie has been appointed Director of the Company.
Mr. Savoie is a former Minister of Mines (1985 to 1991) and a former
Minister of Revenue (1991 to 1994) of Quebec. He is a law graduate
from the University of Laval and practiced as a notary in Val d'Or,
Quebec prior to his public service. Mr. Savoie has been involved with
a number of exploration and mining companies for the past 25 years
and is currently the President and CEO of Ditem Explorations Inc.
(TSX VENTURE: DIT) and Gastem Inc. (TSX VENTURE: GMR). Mr. Savoie is
also a Board Member of several public and private companies as well
as two charitable nonprofit organizations.
Mr. Savoie, as a Member of the Board, will be able to provide
valuable assistance in Kakanda copper/cobalt project in the
Democratic Republic of Congo.
Simberi also announces that Mr. John Cerenzia has resigned from the
Board. Simberi greatly appreciates the time and contribution of Mr.
Cerenzia to the development of the Company.
Simberi Mining Corporation is a junior resource company focused on
the exploration and acquisition of developed low cost precious and
base metal projects internationally. The Company's main exploration
project is the Kakanda/Kambove copper/cobalt project located in the
Democratic Republic of the Congo. The company is now planning the
next stage for the development of the Kakanda project. Simberi is
also involved in several joint venture projects in Western Australia.
This press release includes certain "Forward-Looking Statements"
within the meaning of the US Private Securities Reform Act of 1995.
Other than statements of historical fact, all statements are
"Forward-Looking Statements" that involve such various known and
unknown risks, uncertainties and other factors. There can be no
assurance that such statements will prove accurate. Results and
future events could differ materially from those anticipated in such
statements. Readers of this press release are cautioned not to place
undue reliance on these "Forward-Looking Statements". All dollar
amounts are Canadian dollars unless otherwise noted.
Neither the TSX Venture Exchange, nor any other securities
regulatory authority has approved or disapproved of the contents of
this news release.
Simberi Mining Corporation
President and CEO
(416) 603-9200 (FAX)
Provider ID: 06193568
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