KNP Knight Metals Ltd.

Mr. David Patterson, Chairman of Knight Metals Ltd. (TSX VENTURE: KNP)(FRANKFURT: KRL), reports that the Company has, effective today, consolidated its issued and outstanding common shares on the basis of one post-consolidation common share for every 19 pre-consolidation common shares issued and outstanding.

In addition, the name of the Company has been changed from Knight Resources Ltd. to Knight Metals Ltd. The Company will continue trading on the TSX Venture Exchange under the symbol KNP.

ON BEHALF OF THE BOARD OF KNIGHT METALS LTD.

David Patterson, Chairman

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 news release.

Contacts: Knight Metals Ltd. Andrea Magee (604) 684-6535 (604) 602-9311 (FAX) knight@bed-rock.com www.knightresources.ca