Issue of Equity

RNS Number:2842W
BDI Mining Corp
09 May 2007

London office:
Level 5
22 Arlington Street
London SW1A 1RD
England

T: +44 (0) 207 016 5106
F: +44 (0) 207 016 5101


NEWS RELEASE


                              Exercise of Options

LONDON - 9th May 2007 - BDI Mining Corp. ("the Company") announces that it has
received an application to exercise 75,000 options.


The shares issued pursuant to this exercise form part of a Block Listing with
AIM, a review of which is due at the end of May, and will rank pari passu with
all existing Common shares in the Company.


The total number of Common Shares in issue, following this exercise of warrants
and options, will be 107,534,985.



For further information, please contact:

BDI Mining Corp.
David Lenigas (Chairman)                      Tel: +44 (0) 788 182 5378
Martin Horgan (Director)                      Tel: +44 (0) 777 867 0342

Corporate Affairs                             Tel: +61 (0) 448 812 128

General email                                 info@bdiminingcorp.com
Website                                       www.bdiminingcorp.com

Ruegg & Co. (AIM Nominated Advisor)
Brett Miller                                  Tel: +44 (0) 20 7584 3663

Hichens, Harrison & Co. (Joint AIM Broker)
Dave Paxton/Adam Wilson                       Tel: +44 (0) 20 7382 4473

WH Ireland Ltd. (Joint AIM Broker)
Philip Haydn-Slater                           Tel: +44 (0) 20 7220 1690

Parkgreen Communications
Justine Howarth / Clare Irvine                Tel: +44 (0) 20 7851 7480




                      This information is provided by RNS
            The company news service from the London Stock Exchange

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