SOURCE: Gondwana Energy Ltd.

January 24, 2007 09:00 ET

Company Approves Name Change to FinMetal Mining Ltd.

TAMPERE, FINLAND -- (MARKET WIRE) -- January 24, 2007 -- FinMetal Mining Ltd. (OTCBB: GNWA) is pleased to announced that at a Special Meeting of Shareholders of Gondwana Energy Ltd. held today, the shareholders approved an amendment to the Company's Articles of Incorporation to change its name to FinMetal Mining Ltd.

FinMetal Mining will immediately apply for a new CUSIP and trading symbol(s) on the exchanges we currently trade on.

We are also pleased to announce the launch of our new website -- www.FinMetalMining.com. We encourage you to visit us and register your email address to stay on top of the latest developments at FinMetal Mining.

On Behalf of the Board:

Daniel Hunter - CEO

FinMetal Mining Ltd.
Finlaysoninkuja 9
FIN-33210 Tampere, Finland
Phone:  +358 3 260 4331
Fax:   +358 3 260 4330
e-mail:  info@finmetalmining.com

www.FinMetalMining.com
Disclaimer

This release contains forward-looking statements that are based on the beliefs of FinMetal Mining Ltd.'s management and reflect FinMetal Mining Ltd.'s current expectations as contemplated under section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities and Exchange Act of 1934, as amended. When used in this release, the words "estimate," "project," "believe," "anticipate," "intend," "expect," "plan," "predict," "may," "should," "will," "can," the negative of these words, or such other variations thereon, or comparable terminology, are all intended to identify forward-looking statements. Such statements reflect the current views of FinMetal Mining Ltd. with respect to future events based on currently available information and are subject to numerous assumptions, risks and uncertainties, including, but not limited to, risks and uncertainties pertaining to development of mining properties, changes in economic conditions and other risks, uncertainties and factors, which may cause the actual results, performance, or achievement expressed or implied by such forward-looking statements to differ materially from the forward-looking statements.

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