New Millennium Capital Corp.

New Millennium Capital Corp.

June 05, 2006 13:09 ET

New Millennium Capital Corp. Retains Leading Investor Relations Firm

CALGARY, ALBERTA--(CCNMatthews - June 5, 2006) - New Millennium Capital Corp. (TSX VENTURE:NML) ("New Millennium" or "the Corporation") today announced that it has retained The Equicom Group Inc. ("Equicom") to provide the Corporation with strategic investor relations and financial communications services.

Equicom provides strategic communications services to more than 70 Canadian public companies across a diverse range of industries. New Millennium will pay Equicom a monthly retainer fee of $7,000 for select services from working capital. The initial contract term is for 12 months. New Millennium has no prior relationship with Equicom and Equicom does not have an ownership interest, directly or indirectly, in New Millennium or its securities. Equicom is an employee owned firm whose principals include Barry Hildred, President and Jason Hogan, Executive Vice President.

About New Millennium

New Millennium holds an 80% interest in the LabMag Iron Ore Project, the world's largest known undeveloped magnetite resource that is currently at an advanced stage of exploration. The project is located in the province of Newfoundland and Labrador ("NL") about 220 km north of Labrador City and 30 km northwest of Schefferville, Quebec. The development envisions the construction and operation of a mine, crusher, concentrator, slurry pipeline, pellet plant, shiploading facilities and related infrastructure. Subject to positive feasibility studies and project financing, it is expected that the final pellet product would constitute a significant new source of global pellet supply and would be shipped by ocean vessels to markets in Canada, the United States, Western Europe and Asia. For further information, please visit

About Equicom

Headquartered in Toronto, with offices in Montreal and Calgary, The Equicom Group is Canada's leading Investor Relations consulting firm. With proven expertise in developing and executing highly effective strategic communications programs, and an extensive network of investment community contacts, Equicom specializes in helping clients achieve their capital markets objectives. Equicom offers a comprehensive suite of services including: investor relations, media relations, annual report production, multimedia and web design, web casting, live event management and corporate branding. For further information, please visit

This release may contain forward looking statements within the meaning of the "safe harbor" provisions of US laws. These statements are based on management's current expectations and beliefs and are subject to a number of risks and uncertainties that could cause actual results to differ materially from those described in the forward looking statements. New Millennium does not assume any obligation to update any forward looking information contained in this news release.

No regulatory authority has approved or disapproved the content of this release. The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.

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