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Nine Mile Metals Ltd. press release

Nevada Bob's International Inc. private placement cancelled

CSE - Canadian National Stock Exchange · Copper · Zinc · Lead · Silver · Gold · Indium · Canada

TORONTO, May 5 /CNW/ - Nevada Bob's International Inc. (the "Company") (TSX Venture Exchange - "NBI.U") announces that it will not be proceeding with its previously announced proposed private placement of up to 4,000,000 units of the Company at a price of US$0.12 per unit (reference is made to the Company's January 25, 2005 and March 11, 2005 press releases).

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this press release