STH Stelmine Canada Ltd

Stelmine Canada Ltd. ("Stelmine") (TSX VENTURE:STH) is pleased to announce the
closing of a deal with Quebec businesspeople announced on February 13 by which
new directors will join the company's board of directors.


Today, the company announced the appointment of Norman Ross as a member of the
board. Mr. Ross was also named President and CEO of the company, replacing
Michel Lemay. Mr. Lemay, however, will remain a member of the board for an
indefinite period.


Norman Ross is an Administrateur de societes certifie (ASC), has an MA in Ethics
and has practiced as a lawyer (LL.B.) since 1993 from his Quebec and Rimouski
offices. Before practicing law, Mr. Ross worked in the financial services
industry from 1978 to 1992, dealing in insurance and securities. He has served
on numerous company boards and has extensive knowledge of the financial
community.


Stelmine's management is very proud to welcome Mr. Norman Ross to the team and
is confident he will play an active role in the management of the company.


The company would also like to announce the closing of a private placement
involving the sale of 232.5 Stelmine units at $1,000.00 a unit, totaling
$232,500. For this placement, the company will issue 2,325,000 non-flow-through
common shares. Each share will include a warrant entitling its holder to
purchase one share of the company at a cost of $0.15 for a 12-month period. The
issued shares will be escrowed for a period of four months and one day.


A company insider moved $117,500.00 in this placement.

Stelmine Canada Ltd. is a junior exploration company listed on the TSX Venture
Exchange under the symbol STH.

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