Stelmine Canada Ltd. commences trading on the TSX Venture Exchange

    LAVAL, QC, Jan. 28 /CNW/ - Stelmine Canada Ltd. ("Stelmine") (TSX:STH) is
pleased to announce that its securities are now listed and posted for trading
on the TSX Venture Exchange under the trading symbol "STH".
    Stelmine was created as a wholly-owned subsidiary of Stellar Pacific
Ventures Inc. ("Stellar") which transferred all of its interests in three
properties located in the Province of Quebec, being the Opinaca, Aiguebelle
and Cléricy properties.
    Furthermore, 2,400,000 common shares of Stelmine held by Stellar will be
distributed as a dividend in kind to shareholders of Stellar on record at the
close of business on January 30, 2008 on the basis of approximately 1 Stelmine
share for 25 Stellar shares held. It is expected that the Stelmine share
certificates will be delivered to shareholders of Stellar on February 4, 2008.
The shareholders of Stellar should contact with their brokers with respect to
their shares of Stelmine.

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

    %SEDAR: 00025978EF

For further information:

For further information: Mr. Michel Lemay, President and Chief Executive
Officer, Tel.: (514) 866-6299

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