Philippine Metals Inc. Announces Resignation of Director

April 13 18:49 2012

CALGARY, ALBERTA — (Marketwire) — 04/13/12 — Philippine Metals Inc. (the „Corporation“ or „Philippine Metals“) (TSX VENTURE: PHI)(FRANKFURT: PM7) announces that Mr. Ed Farrauto has resigned from the Board of Directors of the company, effective immediately.

Mr. Marshall Farris, President of Philippine Metals Inc. stated: „On behalf of the company-s management and Board of Directors, we wish to thank Mr. Farrauto for his significant contributions to the company and wish him all the best in his future endeavors.“

On behalf of the Board of Directors

Marshall Farris, President & Director

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Contacts:
Philippine Metals Inc.
Marshall Farris
President & Director
604.684.4743 ext. 222
403.398.0693 (FAX)

Ascenta Capital Partners Inc.
Jamie Mathers
Investor Relations
604.684.4743 ext. 236 or 866.684.4209

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