Osprey Gold Corporation Year End Clarification


ORANGEVILLE, Ontario, April 7, 2004 (PRIMEZONE) -- Due to PCAOB (Public Company Accounting Oversight Board) requirements and Osprey Gold Corporation's (OTCBB:OSGLE) request to change year-end filings from Dec. 31/03 to Jan. 31/04 (IRS form No. 1128) to accommodate a recent major acquisition (to be released imminently), Osprey Gold Corp. is pleased to announce Mr. Steven Diamond CA as the new auditor appointment.

Osprey Gold Corp. confidently anticipates a swift and timely 10K filing as completion now is solely based on transference of completed filing documentation. Osprey Gold Corp. apologizes for any short-term inconvenience this may have caused.

SAFE HARBOUR

Statements contained in this news release regarding Osprey Gold's and other planned events are forward-looking statements, subject to uncertainties and risks, many of which are beyond the control of Osprey Gold's management, including, but not limited to, reliance on key markets, suppliers, and products, currency fluctuations, dependence on key personnel and trade restrictions, each of which may be impacted, among other things, by economic, competitive or regulatory conditions. These and other applicable risks are summarized under the caption "Risk Factors" in Osprey Gold's Registration Statement on Form S-8 filed with the Securities and Exchange Commission and the firm's 10KSB/A filed with the SEC. Forward-looking statements by their nature involve substantial risks and uncertainties. As a result, actual results may differ materially depending on many factors, including those described above.



            

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