Frankfurt Listed Stocks

[Tackler]

Equitable Mining Corp. Update

2006-08-17 08:47 ET - News Release

TORONTO, Aug. 17 /PRNewswire-FirstCall/ - Equitable Mining Corp. (Trading as EQBM.PK & E5W.F) is continuing to move forward on all of its previously announced projects.

In additional news Equitable Mining Corp. has initiated several new relationships and continues to develop existing relationships with market makers in Europe to help create investor awareness on the Frankfurt Exchange. The Company anticipates an active trading market will develop, by the end of next month, after the traditional summer holidays are over.

The various different holidays and vacation schedules of attorneys in the several countries where Equitable Mining Corp. is negotiating legal agreements have caused a delay in reaching final and executable documents for the various transactions. The Company is pushing for closings on all fronts but is being delayed because of summer schedules.

Equitable intends to issue additional updates periodically as transactions progress toward closings.

Safe Harbor

Certain statements above constitute forward-looking statements. Such forward-looking statements may involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the companies to be materially different from any further results, performance or achievements expressed or implied by such forward-looking statements.

Equitable Mining Corp.

CONTACT: Equitable Mining Corporation, Jim Adams, Director, Tel (416)
410-3995, Fax [phone], [e-mail],
www.equitablelifeinvestments.com