SOURCE: Simba Mines Inc.

March 30, 2006 08:00 ET

Simba Announces 15c2-11 Filing

BAY CITY, MI -- (MARKET WIRE) -- March 30, 2006 -- Simba Mines, Inc. (OTC: SBAM) is pleased to announce the filing of Form 15c2-11 to the National Association of Securities Dealers ("NASD") on March 25, 2006. As a result of this filing and as a fully reporting company, Simba Mines seeks to become listed and quoted on the NASD Over-the-Counter Bulletin Board ("OTC BB").

"This is a positive development for Simba Mines," commented Mark Smyth, Chairman of Simba Mines, Inc. "It is exciting to become a fully reporting company and is illustrative of our desire and efforts to bring higher standards to our company."

Shares of Simba will continue to trade in the United States on the Pink Sheets. At such time as Simba's Form 15c2-11 is accepted by the NASD, then trading will begin on an unsolicited basis.

About Simba

Simba Mines, Inc. is a United States mining company focused on the development and operation of low cost, high-grade copper mines. The Company has (i) a net 40% interest in Cachoeiras de Binga, a copper project located in Angola; (ii) a net 35% interest in Benguela and Zenza, two copper projects located in Angola; and (iii) a net 34.5% interest in Manga, a copper/cobalt project located in the DRC. For more information about Simba and its copper/cobalt projects, please visit the Company's Website at

Forward-Looking Statements

The information contained herein regarding risks and uncertainties, which may differ materially from those set forth in these statements, in addition to the economic, competitive, governmental, technological and other factors, constitutes a "forward-looking statement" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, the Private Securities Litigation Reform Act of 1995. While the Company believes that the assumptions underlying such forward-looking information are reasonable, any of the assumptions could prove inaccurate and, therefore, there can be no assurance that the forward-looking information will prove to be accurate. Accordingly, there may be differences between the actual results and the predicted results, and actual results may be materially higher or lower than those indicated in the forward-looking information contained herein.

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