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Abstract
(CCNMatthews - May 24, 2006) - DE BEIRA GOLDFIELDS INC. ("DE BEIRA" or the "Company") (OTCBB:DBGF)(FWB:D1Q)(WKN:A0JDS0) is pleased to announce that Klaus Eckhof, President and Director of MOTO Goldmines will invest US$2,000,000 in the Company's previously reported private placement at US$4.20 per share.
This Press Release may contain, in addition to historical information, forward-looking statements. These statements may address issues that involve significant risks, uncertainties, estimates and assumptions made by management. Actual results could differ materially from current projections or implied results. Please refer to DE BEIRA's filings with the Securities and Exchange Commission for a summary of important factors that could affect DE BEIRA's forward-looking statements. DE BEIRA undertakes no obligation to revise these statements following the date of this press release.