Sherwood Copper Corporation
TSX VENTURE : SWC

Sherwood Copper Corporation

October 30, 2006 15:48 ET

Sherwood Issues Options to Officers & Directors

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Oct. 30, 2006) - Sherwood Copper Corporation (TSX VENTURE:SWC) today announced that it has granted 700,000 options to officers and directors and are exerciseable for five years from the date of grant at a price of $3.65.

"These options are within our approved stock option plan and offer additional incentives to officers and directors that have contributed tremendously to the success of Sherwood Copper," said Stephen Quin, President.

Sherwood

Sherwood's successful consolidation of the ownership of the Minto Project provides a unique investment opportunity - participation in an already permitted, high-grade, open pit copper-gold project that will be in production in approximately six months, and is located in Canada with good infrastructure and tremendous exploration potential on the property.

Additional Information

Additional information on Sherwood and its Minto Project, including photographs cataloguing recent construction progress, can be obtained on Sherwood's website at http://www.sherwoodcopper.com.

On behalf of the board of directors

SHERWOOD COPPER CORPORATION

Stephen P. Quin, President & CEO

This news release may contain forward looking statements which are not historical facts, such as ore reserve estimates, anticipated production or results, sales, revenues, costs, or discussions of goals and exploration results, and involves a number of risks and uncertainties that could cause actual results to differ materially from those projected. These risks and uncertainties include, but are not limited to, metal price volatility, volatility of metals production, project development, ore reserve estimates, future anticipated reserves and cost engineering estimate risks, geological factors and exploration results. See the Company's filings for a more detailed discussion of factors that may affect expected results.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this press release.

Contact Information

  • Sherwood Copper Corporation
    Stephen Quin
    President
    (604) 687-7545 or (888) 338-2200
    or
    Sherwood Copper Corporation
    Brad Kopp
    Investor Relations
    (604) 687-7545 or (888) 338-2200
    or
    Sherwood Copper Corporation
    Kristy Reynolds
    Investor Relations
    (604) 687-7545 or (888) 338-2200
    (604) 689-5041 (FAX)
    Website: www.sherwoodcopper.com