Donner Metals Ltd.: $3.2 Million of Debentures Issued

VANCOUVER, BRITISH COLUMBIA, Jun 06 (MARKET WIRE) --
Donner Metals Ltd. (TSX VENTURE: DON)(FRANKFURT: D4M) announces the
issuance of debentures totalling $3,200,000.

The debentures will bear interest at the rate of 12% per annum and have a
two year term; however the Company may redeem all or part of the
outstanding principal (and accrued interest) at any time. The debentures
will be secured against all of the Company's present and future-acquired
assets, on a first ranking priority basis.

In addition to the debentures, a total of 1,435,000 bonus shares and
1,610,000 bonus warrants were issued to the debenture purchasers. Each
bonus warrant entitles the holder to purchase one additional common share
of the Company until June 5, 2010 at a purchase price of $0.38 per share.
If the debentures are redeemed on or before June 5, 2009, the expiry date
of these warrants will be reduced to June 5, 2009. The bonus shares, and
any shares to be issued on exercise of the bonus warrants, are subject to
a hold period expiring October 6, 2008.

The funds raised through the issuance of the debentures will be used for
exploration of the Matagami Zinc/Copper Project, located in Quebec, which
is subject to the Option and Joint Venture Agreement with Xstrata Canada
Corporation - Xstrata Zinc Canada Division (Xstrata Zinc), as well as
general working capital.

ON BEHALF OF THE BOARD OF DONNER METALS LTD.

David Patterson, Chairman

TSX Venture Exchange has not reviewed and does not
accept responsibility for the adequacy or accuracy of this release.

Contacts:
Donner Metals Ltd.
David Patterson
Chairman
(604) 683-0564 or Toll Free: 1-800-909-8311
(604) 602-9311 (FAX)
Email: donner@bed-rock.com
Website: www.donnermetals.com

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