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Simberi Gold Corporation: Annual Financials

May 4, 2006

Simberi Gold Corporation ("Simberi") announced today it has filed with the Canadian securities authorities its Annual Financial Statements and Management Discussion & Analysis report for the year ended December 31, 2005. These documents can be viewed at www.sedar.com.

In addition, Simberi also announced that it has called its annual meeting of shareholders to be held on June 5, 2006. The company expects to mail proxy material for the annual meeting during the week of May 8, 2005.

Some of the statements contained in this release are forward-looking statements, such as estimates and statements that describe Simberi's future plans, objectives or goals, including words to the effect that Simberi or management expects a stated condition or result to occur. Since forward-looking statements address future events and conditions, by their very nature, they involve inherent risks and uncertainties. Actual results in each case could differ materially from those currently anticipated in such statements.

SOURCE: Simberi Gold Corporation

Simberi Gold Corporation Mike Newbury Chairman and CEO (416) 703-5435 (416) 703-2464 (FAX) info@simberigold.com www.simberigold.com

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