Alexandria Minerals Corporation

Alexandria Minerals Corporation

May 15, 2006 16:29 ET

Alexandria Minerals Expands IR Activities to Europe

TORONTO, ONTARIO--(CCNMatthews - May 15, 2006) - Alexandria Minerals Corporation (TSX VENTURE:AZX) has entered into an agreement with Oliver Frank to provide investor relations services in Europe on behalf of the Company.

Mr. Frank is an independent journalist and analyst in Germany and since 2003, the chief editor of the investment newsletter "The Gold Report." He publishes articles and interviews about the gold and silver sector for magazines in Germany such as "The Shareholder" and websites such as ""

In 1996 Mr. Frank was the co-writer of the first German book "North American Gold Mining" with Mr Martin Siegel, now a well-known gold fund manager in Germany for PEH Funds.

Mr. Frank has arranged listings (utilizing six different market makers) on German stock exchanges (Berlin and Frankfurt) for more than 50 mining companies from Canada and Australia. He will help Alexandria Minerals build a strong European shareholder base.

The agreement between the Company and Mr. Frank encompasses a twelve-month period. Subject to approval by the Company's Board of Directors and the TSX Venture Exchange, Alexandria will issue 100,000 stock options at $0.26 per share to Mr. Frank.

WARNING: The Company relies upon litigation protection for "forward-looking" statements. This News Release may contain forward-looking statements including but not limited to comments regarding the timing and content of up-coming work programs, geological interpretations, receipt of property titles, potential mineral recovery processes, etc. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements. Alexandria Minerals Corporation relies upon litigation protection for forward-looking statements.

Shares Issued - 21,340,663

Last Close 2006/05/12 C$0.32

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

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