Article: De Beira Confirms the Cancellation of 20,000,000 Shares

PERTH, AUSTRALIA--(CCNMatthews - May 25, 2006) - DE BEIRA GOLDFIELDS INC. ("DE BEIRA" or the "Company") (OTCBB:DBGF)(FWB:D1Q)(WKN:A0JDS0) is pleased to announce that the Company has completed the return and cancellation of 20,000,000 shares to the treasury. These shares were returned to the Company by Michele Fronzo, the former President of DE BEIRA.

As of May 25, 2006 the Company has 27,000,000 shares issued and outstanding on a fully diluted basis.

About DE BEIRA GOLDFIELDS INC.

DE BEIRA is a Nevada based mineral exploration company. The Company has recently initiated a new program to evaluate undervalued assets for potential addition to its mineral claim portfolio.

The Company has ...

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