Philippine Metals Inc.

Philippine Metals Inc.

April 22, 2010 09:00 ET

Philippine Metals Inc. Begins Trading on the Frankfurt Exchange

CALGARY, ALBERTA--(Marketwire - April 22, 2010) - Philippine Metals Inc. (the "Corporation") (TSX VENTURE:PHI)(FRANKFURT:PM7) is pleased to announce that, effective immediately, the company is trading on the Frankfurt Stock Exchange. The company will be trading under the symbol PM7 or WKN: A1CWNN.

About Philippine Metals Inc.

Philippine Metals Inc. is an exploration and development company focused on developing a portfolio of high-quality copper and copper-gold projects in the Philippines. The company's initial projects, Taurus, Malitao and Dilong cover more than 11,200 ha. The company's selection of these projects was the result of more than 12 years of in-country research, technical review and negotiation.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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