SOURCE: MMX Mineracao e Metalicos S.A.

MMX Mineracao e Metalicos S.A.

August 24, 2009 18:10 ET

MMX Ceases to Be a Reporting Issuer in Canada

RIO DE JANEIRO, BRAZIL--(Marketwire - August 24, 2009) - MMX Mineração e Metálicos S.A. ("MMX") (BOVESPA: MMXM3), further to the Public Announcement published on July 24, 2009, hereby informs its shareholders and the market in general that its application submitted to the Ontario Securities Commission ("OSC") for a decision, regarding ceasing to be a reporting issuer in Canada, has been accepted on August 21, 2009.

MMX ceases to be a reporting issuer in Canada, but retains full obligation and responsibility of disclosure requirements established under the Brazilian Corporation Law and the regulations of the Brazilian Securities Commission (the Comissão de Valores Mobiliários or "CVM"), as well as the highest corporate governance standards that, it is submitted, by the special corporate governance segment of the Bovespa (the "Novo Mercado") on which MMX is listed.

Contact Information

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    Roger Downey
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    Priscylla Setimi
    Investor Relations
    Tel.: (55 21) 2555-5558