Mr. Morgan Good reports

SILICON METALS CORP. ANNOUNCES STOCK OPTION GRANT

Silicon Metals Corp. has granted an aggregate of 3.5 million stock options to certain directors, officers and consultants of the company for the purchase of up to 3.5 million common shares in the capital of the company, pursuant to the company's stock option plan.

The options are exercisable for a period of five years at an exercise price of 7.5 cents per share and vest immediately. The options and underlying shares will be subject to a four-month hold period in accordance with the policies of the Canadian Securities Exchange.

About Silicon Metals Corp.

Silicon Metals is currently focused on exploration and development in Canada, namely British Columbia and Ontario. The company has a 100-per-cent ownership in the Maple Birch project, located approximately 30 kilometres southeast of Sudbury, Ont., which is a high-purity quartz pegmatite project with a 3,000-tonne-per-year production permit. The company also holds an undivided 100-per-cent right, title and interest in the exploration-stage Ptarmigan silica project, located approximately 130 kilometres from Prince George, B.C. The company has also acquired an option to purchase an undivided 100-per-cent right, title and interest in both the exploration-stage Silica Ridge silica project, located approximately 70 kilometres southeast from the town of MacKenzie in British Columbia, as well as the exploration-stage Longworth silica project, located approximately 85 kilometres east from Prince George, B.C.

We seek Safe Harbor.