Manicouagan Minerals Inc.

Manicouagan Minerals Inc.

August 31, 2006 18:37 ET

Manicouagan Minerals Retains Grove Communications to Assist With Investor Relations Activities

TORONTO, ONTARIO--(CCNMatthews - Aug. 31, 2007) -

Attention Business Editors:

Manicouagan Minerals Inc. (TSX VENTURE:MAM) announced today that it has retained the services of Grove Communications Inc. to provide investor relations services for the Company. Grove Communications is a Toronto based firm providing corporate communications services for companies at various stages of development, specializing in the mining industry.

Grove Communications will assist Manicouagan Minerals in developing and managing the Company's corporate communications strategy and marketing plan.

Manicouagan Minerals has approved the granting of 100,000 options on its common shares with an exercise price of 20 cents and a term of one year as part of the compensation payable to Grove.

Manicouagan Minerals Inc. is a Canadian based exploration company with a diversified portfolio of properties. The Company currently holds four base metal projects located in Quebec and Saskatchewan, on which exploration
programs are ongoing.

Additional information about Manicouagan Minerals and its exploration projects can be found at

All statements other than statements of historical fact, included in this release, including, without limitation, statements regarding potential mineralization and reserves, exploration results, and future plans and objectives of the Company, are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company's expectations are exploration risks detailed herein and from time to time in the filings made by the Company with securities regulators.

The TSXV has not reviewed this news release and does not accept responsibility for the adequacy or accuracy of this news release. The TSXV has neither approved nor disapproved the contents of this news release.

Contact Information

  • Joseph Baylis
    President and Chief Executive
    (647) 477-2444