First Metals Inc. Announces Voluntary De-Listing and Provides Operational Update

First Metals Inc. (TSX:FMA)announced that, further to recent discussions with the Toronto Stock Exchange, it will be proceeding with a voluntary de-listing of its common shares from the facilities of the Toronto Stock Exchange and will be proceeding with a proposed listing on the NEX.

The press release is quoted as saying:

First Metals Inc. is a resource company with two main Zinc-Copper deposits, Fabie Bay and Magusi River. Fabie Bay was producing until December 2008 when production was suspended. The company filed a proposal under Part III of the Bankruptcy and Insolvency Act in April 2009.

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