Opta Minerals Inc.

Opta Minerals Inc.

February 22, 2008 15:09 ET

Opta Minerals Schedules 2007 Year-End Financial Results Release and Conference Call

WATERDOWN, ONTARIO--(Marketwire - Feb. 22, 2008) - Opta Minerals Inc. (TSX:OPM), announced today that it will issue financial results for the fourth quarter and year ended December 31st, 2007 on Monday, February 25, 2008 after the close of the stock market.

Opta Minerals' President and CEO, David Kruse, plans to host a conference call at 10:00 a.m. Eastern Standard Time, on Thursday, February 28th, 2008, to discuss fourth quarter 2007 results and recent corporate developments. After opening remarks, there will be a question and answer period. This conference call can be accessed with the toll free dial-in number 1-866-322-8032 or 416-640-3406, quote confirmation code 7847543. If you are unable to listen live, the conference call will be archived and can be accessed at the following replay numbers between February 28th and March 6th, with the toll free dial-in number 1-888-203-1112 or 647-436-0148 followed by passcode: 7847543.

Opta Minerals is a vertically integrated producer, manufacturer, distributor and recycler of industrial minerals, silica-free loose abrasives, roofing shingle granules, specialty sands and related products for use primarily in the foundry, steel, marine/bridge cleaning and municipal water filtration industries.

The Company currently has production and distribution facilities in Ontario, Quebec, Louisiana, South Carolina, Virginia, Maryland, Ohio, Indiana, Michigan, New York and Kosice Slovakia, and one of the broadest product lines in the industry. Recognizing that the fragmentation and lack of consolidation among suppliers in its industry has provided it with a strategic growth opportunity, the Company intends to capitalize on this opportunity to become one of the leading North American suppliers of industrial minerals and silica-free loose abrasives, while at the same time leveraging this core expertise to expand its breadth of services and product offering in other industrial minerals.

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