Phoenix Matachewan Mines Inc.
TSX VENTURE : PMM

Phoenix Matachewan Mines Inc.

September 19, 2007 15:49 ET

Phoenix Matachewan Mines Inc. Stock Option Grant

OTTAWA, ONTARIO--(Marketwire - Sept. 19, 2007) - Phoenix Matachewan Mines Inc. ("Phoenix") (TSX VENTURE:PMM) announced today that it has granted 150,000 stock options to certain contractors. The options are exercisable at a price of $0.10 per share to 19 September 2012.

"This Press Release may contain forward looking statements that involve a number of risks and uncertainties. Actual events or results could differ materially from the Company's expectations and projections. The TSX Venture Exchange has not approved or disapproved of the information contained in this Press Release."

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