Sprott Molybdenum Participation Corporation Announces the Appointment of James Roddy to Board of Directors



    /NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE
    UNITED STATES/

    TORONTO, Nov. 6 /CNW/ - (TSX: MLY, MLY.WT) - Sprott Molybdenum
Participation Corporation (the "Corporation") is pleased to announce, as of
November 6, 2007, the appointment of Mr. James Roddy to its Board of
Directors. Mr. Roddy replaces Ms. Maria Smirnova, who has resigned from the
Corporation's Board of Directors. Ms. Smirnova will continue her involvement
with the Corporation as the Vice President.
    Mr. Roddy is currently retired. Prior to 2002, Mr. Roddy was a senior
officer of a number of companies in various industries, including Ontario Bus
Industries Inc., Slater Industries Inc., Campeau Corporation and Peoples
Jewelers Limited. He has also held directorships with numerous public and
not-for-profit corporations. Mr. Roddy received his Chartered Accountant
designation in 1967.

    About Sprott Molybdenum Participation Corporation
    -------------------------------------------------
    The Corporation is an investment holding company created to invest in
molybdenum assets. The primary investment objective of the Corporation is to
achieve capital appreciation by investing in securities of private and public
companies that explore for, mine and/or process molybdenum and by investing
in, holding, selling and otherwise transacting in all commercial forms of
molybdenum. It is not an investment strategy of the Corporation to actively
speculate with regards to short-term changes in molybdenum prices. The
Corporation's investment mandate will provide investors with several benefits.
It will provide investors with the opportunity to invest in commercial forms
of molybdenum, which is currently unavailable through an exchange. In
addition, it will provide investors with a diversified portfolio of securities
of private and public companies that explore for, mine and/or process
molybdenum.





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For further information: Investor Services at 1-888-362-7172

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SPROTT MOLYBDENUM PARTICIPATION CORP.

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