Opta Minerals Inc.
TSX : OPM

Opta Minerals Inc.

October 31, 2007 17:10 ET

Opta Minerals Schedules Third Quarter 2007 Financial Results Release and Conference Call

WATERDOWN, ONTARIO--(Marketwire - Oct. 31, 2007) - Opta Minerals Inc. (TSX:OPM), announced today that it will issue financial results for the third quarter ended September 30th, 2007 on November 6th, 2007 after the close of the stock market.

Opta Minerals' President and CEO, David Kruse, plans to host a conference call at 10:00 AM Eastern Standard Time, on Friday, November 9th, 2007, to discuss third quarter 2007 results and recent corporate developments. After opening remarks, there will be a question and answer period. This conference call can be accessed with the toll free dial-in number 1-(866) 904-6251 or (416) 915-8321. If you are unable to listen live, the conference call will be archived and can be accessed at the following replay numbers between November 9th and November 16th, 2007, with the toll free dial-in number 1-(888) 203-1112 or (647) 436-0148 followed by pass code: 7497453.

Opta Minerals is a vertically integrated producer, manufacturer, distributor and recycler of industrial minerals, silica-free loose abrasives, roofing shingle granules, specialty sands and related products for use primarily in the foundry, steel, marine/bridge cleaning and municipal water filtration industries.

The Company currently has production and distribution facilities in Ontario, Quebec, Louisiana, South Carolina, Virginia, Maryland, Ohio, Indiana, Michigan, New York and Kosice Slovakia, and one of the broadest product lines in the industry. Recognizing that the fragmentation and lack of consolidation among suppliers in its industry has provided it with a strategic growth opportunity, the Company intends to capitalize on this opportunity to become one of the leading North American suppliers of industrial minerals and silica-free loose abrasives, while at the same time leveraging this core expertise to expand its breadth of services and product offering in other industrial minerals.

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