Panex Resources Inc. (DBGF)

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De Beira Goldfields Inc.: Appointment of New Auditor
Friday August 18, 3:51 am ET

PERTH, WESTERN AUSTRALIA--(MARKET WIRE)--Aug 18, 2006 -- DE BEIRA GOLDFIELDS INC. ("DE BEIRA" or the "Company") (OTC BB:DBGFE.OB - News)(FWB: D1Q)(WKN: A0JDS0): De Beira Goldfields Inc is pleased to advise that it has completed the engagement of GHP Horwath, P.C. as its new independent auditor.

GHP Horwath P.C., based in Denver, Colorado, is part of the global network of Horwath International. Through its membership of Horwath International, GHP Horwath P.C. has associate firms in South America, the region in which De Beira has its mineral assets and engages in exploration and mining.

DE BEIRA GOLDFIELDS INC.

Reg Gillard, President