Philippine Metals Inc.
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 April 22, 2010
Philippine Metals Inc. Begins Trading on the Frankfurt Exchange

 April 21, 2010 - Calgary, AB - Philippine Metals Inc. (the "Corporation") (TSXV: PHI) is pleased to announce that, effective immediately, the company is trading on the Frankfurt Stock Exchange. The company will be trading under the symbol PM7 or WKN: A1CWNN.

About Philippine Metals Inc.
Philippine Metals Inc. is an exploration and development company focused on developing a portfolio of high-quality copper and copper-gold projects in the Philippines. The company's initial projects, Taurus, Malitao and Dilong cover more than 11,200 ha. The company's selection of these projects was the result of more than 12 years of in-country research, technical review and negotiation.

For further information, contact:

For further information, contact:

Philippine Metals Inc.
Marshall Farris, President
Phone: 604.684.4743
Fax: 604.628.5595

Investor Relations
Jamie Mathers, Ascenta Capital Partners Inc.
Phone: 604.684.4743 ext. 236

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

You can view the Next News Releases item: Wed Apr 28, 2010, Philippine Metals Inc. Initiates Exploration Program

You can view the Previous News Releases item: Wed Apr 14, 2010, Philippine Metals Announces Further Details Regarding the March 2010 Option Grants

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