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.
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
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
FOR FURTHER INFORMATION PLEASE CONTACT:
Simberi Mining Corporation
President and CEO
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
-0--0- Dec/11/2006 17:31 GMT
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