October 27 , 2008
IRWIN OLIAN ANNOUNCES FILING OF EARLY WARNING REPORT
Irwin A. Olian, Jr. (“Olian”), who serves as the Company’s Chairman & CEO announces the filing of an early warning report. Olian held 3,385,000 common shares of African Queen Mines Ltd. (“African Queen”), representing 9.82% of the issued and outstanding shares of African Queen, announces that he has purchased a further 990,000 common shares (the “Shares”) representing 2.87% of the issued and outstanding shares of African Queen through the facilities of the TSX Venture Exchange at the price of $0.10 per Share in respect of 750,000 Shares and $0.08 per Share in respect of 240,000 Shares. After completion of the acquisition of the Shares, Olian owns 4,375,000 common shares representing 12.69% of the issued and outstanding common shares of African Queen as at October 27, 2008.
Olian acquired the securities for investment purposes and may acquire further common shares or dispose of his holdings of common shares both as investment conditions warrant.
For additional information or for a copy of Olian’s early warning report, please contact Irwin Olian at (604) 899-0100 or e-mail firstname.lastname@example.org.
Irwin A. Olian, Jr.
P.O. Box 11553
650 West Georgia Street
Vancouver, British Columbia V6B 4N8
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy
or accuracy of the content of the information contained herein. The statements made in this press
release may contain certain forward-looking statements that involve a number of risks and uncertainties.
Actual events or results may differ from the Company's expectations.