HMZ Metals Inc.

HMZ Metals Inc.

August 25, 2006 08:00 ET

HMZ Provides Corporate Update

TORONTO, ONTARIO--(CCNMatthews - Aug. 25, 2006) - HMZ Metals Inc. ("HMZ" or the "Company")(TSX:HMZ) provides bi-weekly update pursuant to the Management Cease Trade Order announced April 18, 2006.

Preparatory work associated with the forensic audit of HMZ's Chinese operations continues as does the preliminary due diligence review of a number of new projects.

The Company continues to work towards a definitive settlement of all outstanding issues with its Chinese partners in order to provide a viable framework for future operations.

Contact Information