Philippine Metals Inc. (the "Company") (TSX VENTURE:PHI)(FRANKFURT:PM7) has
engaged the services of Accent Marketing GmbH ("Accent") of Munich, Germany to
advise on investor relations activities in Europe. Accent will provide its
expertise for the purposes of assisting the Company in establishing and
maintaining a corporate profile within the European investment community. Accent
will focus on providing introductions to investment newsletters and financial
journalists in Europe, analyzing and assessing viable sources for creating new
investor interest and providing the Company with guidance and advice on how to
raise its profile with investors in Europe.


The agreement with Accent has an initial term of twelve months from this date.
Accent has been granted a stock option to purchase 200,000 shares at $0.45 per
option for two years, and the company will cover all pre-approved expenses.


About Philippine Metals Inc.

Philippine Metals Inc. is focused on the exploration, discovery and development
of high-prospective copper and copper-gold deposits in the Philippines. Based on
the region's geological environment, the company's management team recognizes
the country's potential for hosting large world-class deposits of copper and
copper-gold. 


The company's initial projects, Taurus, Malitao and Dilong, are excellent
examples of management's ability to source quality, highly prospective targets.
The management team combines strong financial capabilities with world-class
experience in mineral exploration, discovery and mine development.


On behalf of the Board of Philippine Metals Inc.

Marshall Farris, President

Philippine Metals (TSXV:PHI)
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