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Correction to Notice of Meeting and Management Information Circular

July 14, 2006

Simberi Gold Corporation (TSX VENTURE: SAU) ("Simberi" or the "Company") - Simberi wishes to announce a correction relating to the location of its Annual General and Special Meeting of Shareholders (the "Meeting") contained in the Notice of Meeting and Management Information Circular issued by the Company on June 26, 2006. The location of the Meeting was incorrectly stated as 200 Toronto Street, Suite 20. The correct address is Ontario Bar Association Conference Centre, 20 Toronto Street, Suite 200, Toronto, Ontario, M5C 2B8. The meeting will be held at 11:00 am.

This press release includes certain "Forward-Looking Statements" within the meaning of the US Private Securities Reform Act of 1995. Other than statements of historical fact, all statements are "Forward-Looking Statements" that involve such various known and unknown risks, uncertainties and other factors. There can be no assurance that such statements will prove accurate. Results and future events could differ materially from those anticipated in such statements. Readers of this press release are cautioned not to place undue reliance on these "Forward-Looking Statements". All dollar amounts are Canadian dollars unless otherwise noted.

Neither the TSX Venture Exchange, nor any other securities regulatory authority has approved or disapproved of the contents of this news release.

Contacts: Simberi Gold Corporation Mike Newbury Chairman and CEO (416) 603-7200 (416) 603-9200 (FAX) Email: info@simberigold.com

SOURCE: Simberi Gold Corporation

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