Pine Valley Mining Corporation
OTC Bulletin Board : PVMCF
TSX : PVM

Pine Valley Mining Corporation

November 17, 2006 17:26 ET

Pine Valley Reports on Extension of Creditor Protection Order

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Nov. 17, 2006) - Pine Valley Mining Corporation (TSX:PVM)(OTCBB:PVMCF) (the "Company" or "Pine Valley") reports that the BC Supreme Court has granted an extension of the order in favour of the Company under the Companies' Creditors Arrangement Act (Canada) first granted October 20, 2006 (the "Order"). The Order, as extended, will remain in effect for a period ending January 31, 2007, during which time creditors and other third parties will continue to be stayed from terminating agreements with Pine Valley or otherwise taking steps against Pine Valley.

PINE VALLEY MINING CORPORATION

Robert Bell, President and Chief Executive Officer


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