First Metals Inc.

First Metals Inc.

April 03, 2007 09:00 ET

First Metals Reports 2006 Financial Results

TORONTO, ONTARIO--(CCNMatthews - April 3, 2007) - First Metals Inc. (TSX:FMA) is pleased to report its financial results for the year ended 2006. During the period, it incurred a loss of Cdn. $1,847,000 equal to ($0.08) per common share. There is no prior year comparative, as the Company was incorporated on February 23, 2006.

The Company has filed its Audited Financials Statements and accompanying notes for the financial year ended December 31, 2006 and the related Management's Discussion and Analysis with the Canadian securities regulatory authorities. Copies of all 2006 disclosure documents may be obtained under the profile of First Metals Inc. at

First Metals is a TSX listed mineral exploration and development company, focused on advancing the Fabie Bay and Magusi copper-zinc deposits. There are 30.8 million shares issued and outstanding.

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