Simberi Gold Corporation

Simberi Gold Corporation

July 04, 2005 16:06 ET

Simberi Gold Corporation: Change to Board of Directors

TORONTO, ONTARIO--(CCNMatthews - July 4, 2005) - Simberi Gold Corporation (TSX VENTURE:SAU) - Simberi Gold Corporation ("Simberi") announces that Mr. Geoff Farrar has been joined the Board of Directors of the Corporation. Mr. Farrar is the retired president of Barclays Bank of Canada and has extensive experience in international business. While at Barclays he was instrumental in assisting MacDonalds setting up its Russian operations. His knowledge will be of assistance to the Company as it proceeds with seeking new mining investment opportunities.

Mr. Peter Miller and Mr. Peter Gleeson have resigned as directors of the Corporation. This is in order for them to devote more of their efforts to PGM Ventures and the development of its Aguas Tenidas mine in Spain. Both of these gentlemen have been of considerable assistance to Simberi over the past few years.

This press release includes certain "Forward-Looking Statements" within the meaning of the US Private Securities Reform Act of 1995. Other than statements of historical fact, all statements are "Forward-Looking Statements" that involve such various known and unknown risks, uncertainties and other factors. There can be no assurance that such statements will prove accurate. Results and future events could differ materially from those anticipated in such statements. Readers of this press release are cautioned not to place undue reliance on these "Forward-Looking Statements". All dollar amounts are Canadian dollars unless otherwise noted.

The TSX Venture Exchange Inc. has neither approved nor disapproved the information herein contained.

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