Oidon Company, Ltd. (OIDN)

[AboveBlack]

June 05, 2006

Gold Company Finalizes All Permits and Attains Rights to the Manantiales Property

"Of interesting note to the shareholders, the one thing to keep in mind that this property was acquired through our C.E.O., Jairo Giraldo's family, which owned the land," says Ken Lamb. "In fact, all of the directors of Metro Gold Mines and their respective families collectively own the next five properties that the Company covets, which makes all negotiations easier. Nonetheless, documents need to be completed, filed, registered and arrangements are required that are palatable for both MGM and the respective director and their families."