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Last updated on April 18, 2014 at 11:16 EDT

Simberi Announces Results From Their Annual General and Special Meeting &Amp; Appoints New Chairman of the Corporation

July 7, 2008

Simberi Mining Corporation (“Simberi”) (TSX VENTURE: SAU) announces that its Annual and Special Meeting of Shareholders was held on Friday, June 27, 2008 at the Sheraton Centre Toronto. A number of items of business were put before the shareholders.

Board of Directors

The shareholder’s approved the following individuals to serve as directors of Simberi for the ensuing year: Michael Newbury, Neil Novak, Maurice Stekel, William Potter, John Cerenzia, Geoff Farrar, Norman Brewster and David Danziger.

Auditors

The shareholder’s approved McCarney Greenwood LLP Chartered Accountants to serve as auditors of Simberi for the ensuing year and authorized the directors to fix their remuneration.

Stock Option Plan

The shareholder’s re-approved a special resolution to maintain the Corporation’s current stock option plan; a rolling 10% of all issued and outstanding Common Shares.

Share Consolidation

The shareholders did not approve the special resolution to potentially complete a consolidation all of the Corporation’s issued and outstanding Common Shares.

Simberi is also please to announce Mr. Norman Brewster has been appointed Chairman of the Corporation for the ensuing year. Mr. Brewster is a Professional Geologist with over 35 years of experience in mineral exploration in several geological environments. Since 1998, Mr. Brewster has served as Vice-President and since 2002 as Executive Chairman of Iberian Minerals Corp., a TSXV listed mineral exploration company. Mr. Brewster also serves as a director for numerous other public companies including Spider Resources Inc., Galantas Gold Corp., Cadillac Ventures Inc. and International Millenium Mining Corporation.

About Simberi:

Simberi Mining Corporation is a Canadian based international mineral development company that participates in early to mid stage properties with potential for economic resource valuations. Simberi’s main development project is the Kakanda Copper/Cobalt project in the Democratic Republic of the Congo. Kakanda is a large copper/cobalt tailings and hard rock deposit in the Central African Copper Belt, an area with a long history of significant mineral production operations.

Simberi also has several projects in Australia; Lambina, and joint ventures on Mt. Sarah and Mt. Narlee projects are primarily located in the G-2 corridor within the Gawler Craton in South Australia, a host for the copper/uranium/gold Olympic Dam type deposits. The Merlot property located in the Mt. Margaret mineral field in Western Australia, covers a portion of the Sefton Lineament, a major structural feature that is host for copper, nickel and platinum group metals.

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.

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.

 Contacts: Simberi Mining Corporation James S. Hershaw Vice President, Corporate / Mineral Development (416) 603-7200 (416) 603-9200 (FAX) Email: jshershaw@simberimining.com Website: www.simberimining.com

SOURCE: Simberi Mining Corporation