NEWS RELEASE TRANSMITTED BY CCNMATTHEWS FOR: Simberi Mining Corporation TSX VENTURE SYMBOL: SAU December 11, 2006 Simberi Mining Corporation: Press Release TORONTO, ONTARIO--(CCNMatthews - Dec. 11, 2006) - 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. About Simberi: 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. -30- FOR FURTHER INFORMATION PLEASE CONTACT: Simberi Mining Corporation Mike Newbury President and CEO (416) 603-7200 (416) 603-9200 Email: firstname.lastname@example.org Neither the TSX Venture Exchange, nor any other securities regulatory authority has approved or disapproved of the contents of this news release. INDUSTRY: Manufacturing and Production - Mining and Metals SUBJECT: PER -0--0- Dec/11/2006 17:31 GMT
Simberi Mining Corporation: Press Release
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