HMZ Metals Inc.

HMZ Metals Inc.

April 19, 2007 17:24 ET

HMZ Provides Corporate Update

TORONTO, ONTARIO--(CCNMatthews - April 19, 2007) - HMZ Metals Inc. ("HMZ" or the "Company") (TSX:HMZ) provides its bi-weekly update pursuant to the Management Cease Trade Order announced April 18, 2006.

The preparation of the Company's audited financial statements for the year ended December 31, 2005 is near completion with filing expected prior to the end of May 2007. Previously announced legal and other initiatives regarding the Company's Chinese joint venture interest are on-going. Data review and preliminary negotiations associated with additional new potential projects continues.

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